Are you looking for a house but you feel like you’re right on the bubble for whether or not you can afford it?
Monday night, the city of Hannibal hosted a program that is designed to help you out.
Six different agencies say they have programs to help you out, it’s just a matter of people taking advantage of them.
The USDA and NECAC are two of those agencies. They have programs designed around home ownership.
One of those programs includes a low interest home loan that doesn’t require a down payment.
NECAC officials say it’s programs like this that can make it easier to own your own place which they say has a lot of benefits.
“If you’re renting and you think how much money you’ve already paid out in rent, you could be paying on a home that belongs to you, that you’re building equity in. I always say for people like all of us, the only way you build equity is through home ownership,” said NECAC Deputy Director for Housing Development Carla Potts.
A number of potential homeowners attended the event including Tracy Hodges.
She says after years of renting, it’s always been a goal of hers to own her own place.
“I’ve always wanted my own house that I could call my own but I just wasn’t sure if I would qualify so I’m excited to see what it brings me,” said Hodges.
Officials with each agency said these programs are still available.
If you missed tonight’s event, they say give them a call and they can find out what grants or loans you may qualify for.
In addition to NECAC and the USDA, Douglass Community Services, Mark Twain Regional Council of Governments, Homeless Prevention Grant, and the Missouri Housing Development Commission were all at the open house Monday.