[bypass navigation]
The Federal Reserve Bank of St. Louis
[About the Fed] [Banking Information] [Community Development] [Consumer Information] [Economic Research] [Education Resources] [News and Events] [Publications] [Financial Services]  

bridges

Rebirth of a Vital Urban Neighborhood


Higher FHA Loan Limits Allow Larger Reverse Mortgages for Senior Citizens
Arkansas Association Promotes Revolving Loan Funds
St. Louis Fed Director Receives Lifetime Achievement Award
KHC Expands Homeownership Programs
San Francisco Fed Offering Lending School
Communities Unabridged: Angels and Other Venture Capitalists

Small Business Investment Companies

Following the Funds of the Venture Capital Cycle


Brokering Tax Credits--A New Approach to Community Development
Spanning The Region: Locke Joins Community Affairs

Fed to Publish St. Louis Homebuyer Brochure

St. Louis Minority Business Council Administering Loan Program


Calendar
Resources


KHC Expands Homeownership Programs

Kentucky Housing Corporation (KHC) recently received a grant for $290,281 from the U.S. Department of Housing and Urban Development to expand its homebuyer education and homeownership counseling programs. Funds will help increase awareness of homeownership opportunities and improve access by low- and moderate-income families to homeownership.

In addition to KHC's Yes You Can...Own A Home homebuyer education workshops, KHC offers homeownership counseling to families and individuals who have been declined a KHC mortgage loan due to credit problems and to participants in the Family Self-Sufficiency Program. Training for homebuyers includes instruction on how to: evaluate their financial status; analyze their debt-to-income ratio; develop a budget and savings plan; and prepare to purchase a home. Basic home maintenance training also is offered.

To learn more about KHC's homeownership education and counseling programs, call 1-800-633-8896, ext. 324.