Down Payment Assistance – City of Florissant, Missouri | Missouri grant

Down Payment Assistance – City of Florissant, Missouri

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City of FlorissantMOFirst-Time Homeowner

Funding: Provides a zero interest deferred loan now offering up to 7000 dollars to be used toward down payment and closing costs, fully forgiven after the homeowner occupies the property for the required five year period under current guidelines.0 percent interest deferred forgivable loan funded with HOME program dollarsRollingDeadline: Scope: Localstate

Updated: Dec 6, 2025

Summary

Florissant’s Down Payment Assistance Program offers a $3,500 interest-free, forgivable loan that can be applied to down payment and closing costs for a home purchase within the city. As long as the buyer lives in the home for five years, the assistance is fully forgiven, effectively turning the second mortgage into a homebuyer grant.

Benefits

down payment assistanceclosing cost assistanceforgivable loan

Who Can Apply

homebuyerfirst-time homebuyerlow- to moderate-income homebuyer

Eligible Locations

Low and moderate income first-time homebuyers purchasing an owner-occupied home within the Florissant, Missouri city limits who meet income and program requirements.

Eligibility

Income-eligible first-time homebuyers purchasing an owner-occupied home inside Florissant city limits, who meet local income limits and program rules and agree to occupy the home for at least five years.

Full Description

The City of Florissant’s official program page explains that the Down Payment Assistance Program is available to income-eligible, first-time homebuyers purchasing a house within the Florissant city limits. The assistance is structured as an interest-free forgivable loan of $3,500 that can be used toward the buyer’s down payment and closing costs. If the homeowner occupies the property as their primary residence for five years, the loan is forgiven in full, so no repayment is required. This structure makes the program function like a targeted homebuyer grant while still allowing the city to protect its investment through a short-term lien. Buyers must meet local income guidelines and other eligibility criteria, and they must purchase a qualifying home inside the city. The page also links out to St. Louis County resources for more detailed requirements and partner services, helping buyers combine this $3,500 city-level assistance with other regional first-time homebuyer and education programs. For first-time homebuyers looking for down payment help in Florissant, this forgivable-loan grant can significantly reduce the cash needed to close.

Verification & Details

Status: Open

Source: florissantmo.com

Official source → florissantmo.com

Apply on official siteUpdated Dec 6, 2025

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Homeownership Assistance Program – City of Columbia, Missouri

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Updated: Dec 6, 2025

Columbia’s Homeownership Assistance Program offers $10,000–$20,000 in zero-interest, forgivable loan assistance to help first-time buyers cover down payment and closing costs on a home within city limits. The program targets low- to moderate-income households and pairs HUD income limits, purchase price caps, and property inspections with required homebuyer counseling.

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Down Payment Assistance Program – City of Springfield, Missouri

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