Historical September 1982 report or notice. Original dates, prices and contacts describe the source period; current availability has not been established.
The Skinker-DeBaliviere Neighborhood Assistance Committee has been established for the research and development of programs to assist residents in the area of housing and property maintenance.
The Committee’s efforts have resulted in a proposed interest buy-down program for home improvement loans to Skinker-DeBaliviere resident homeowners.
The program would provide loans at reduced rates, the amount of interest reduction (currently planned to vary from 3 to 12 percent) depending on the family income of the homeowner.
To assist in the establishment of this program, the Skinker-DeBaliviere Community Council has applied to the state of Missouri for participation in the Neighborhood Assistance Program.
If approved, the Council would be empowered to offer tax credits to private sector corporations which would provide financial or material support to the programs.
The application is pending and final work is expected later this month. Also, as a result of research on this program, it has been learned that Skinker-DeBaliviere resident homeowners can apply for interest reduced home improvement loans (3-4 percent below market rate) at Visitation Credit Union.
There are no specific requirements for participation in the Visitation program other than those necessary to qualify for a regular home improvement loan. Interested neighborhood resident homeowners should contact Visitation Credit Union Loan Officer, Jack Marsh at 367-8069.
Originally published in The Neighborhood Paper, September 1982.
Read this article in the original newspaper issue.
Original source: SD_Times1982_09.pdf, printed page(s) 4; PDF page(s) 4.
