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CDA, state programs promote homeownership in city. (St. Louis, MO's Community Development Agency)(Real Estate)

St. Louis Business Journal

| October 27, 1997 | Moore, Rob | COPYRIGHT 1985 American City Business Journals, Inc. (Hide copyright information)Copyright

In its search for neighbors, the city of St. Louis is courting them with homebuyer-assistance programs.

The city, through its Community Development Agency, offers several programs to assist homebuyers with purchasing and renovating homes within the city.

"Homebuyers create strong neighborhoods and strong neighborhoods promote bigger and better communities," said Kevin Montgomery-Smith, communications coordinator for the CDA, a city agency that administers federal funding for city housing and services. "City life is all about neighborhoods."

The most popular of the city's programs is the Homebuyer's Assistance Program, which provides forgivable loans - of up …

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