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St. Peters Urban County Home Improvement Loan Program Applications | Events

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St. Peters Urban County Home Improvement Loan Program Applications
St. Peters Urban County Home Improvement Loan Program Applications

To aid in maintaining the City’s housing stock and property values, the Urban County St. Peters’ Home Improvement Loan Program provides funding for low- and moderate-income homeowners with home rehabilitation projects such as new windows, furnace and air-conditioners, roof replacement, driveway replacement or repair and more. Eligible applicants can receive up to $5,000 through a no-interest, 5-year forgivable loan.

To be eligible for the Urban County St. Peters’ Home Improvement Loan Program, you must: 

>Be a resident and homeowner in the City limits of St. Peters who has not previously participated in the program.Live in the home for at least one year.
>Not exceed household income guidelines established by the U.S. Department of Housing and Urban Development (HUD).

Applications will be available for the 2011 Home Improvement Loan Program until 5 p.m. on Aug. 22. Applications are available at St. Peters City Hall or you can download an application at www.stpetersmo.net/cdbg-programs.aspx#HomeHelp.

Proposed funding for this program will cover 32 spots–ten spots for those meeting the low-income qualifications and the remaining spots may be filled by those meeting low- or moderate-income qualifications. Qualified participants will be selected based on a random lottery drawing held at St. Peters City Hall on Tuesday, Aug. 23 at 6 p.m. Applicants do not need to be present for the drawing to be considered for the program. St. Peters City Hall is located at One St. Peters Centre Blvd.

Income limits are defined as having maximum income levels on your 2010 federal tax return.

 

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