Housing   City of St. Louis		Agency/Program: Missouri Housing Development Commission (MHDC)  First Place Home Loans Description: When funds are available, the MRB loan program offers a 4% cash assistance payment that can be used to pay downpayment and closing costs. Limitations: Maximum income guideline is 100% of statewide median. See MHDC website. Must be a First Time Homebuyer, must be below the income limit and home must be below purchase price limit. (St. Louis purchase price is $127,100 for existing and $156,900 for new.) Address: Jefferson City, MO   Phone: Web Address: http://www.mhdc.com Loan Type: FHA, VA, RD and Fannie Mae conventional Loan Can Be Used For: Downpayments    Closing Costs Official Web Site of the City of St. Louis