With the tightening of the credit market and the vulnerability of low income and minority households to sub-prime loans and loan denials, the City of Columbia Community Development Department continues to prioritize the creation of quality, affordable housing as an integral component of its development programs. The City has created partnerships with local banks and will continue to increase local partnerships to leverage private dollars.
The Community Development Department housing credit counseling program has been marketed to increase the number of qualified applicants who are ready to become homeowners. The Housing Loan department offers several financial management workshops and credit counseling informational sessions throughout the year to educate the public on the City’s loan programs.
Housing Services is here to help arrange affordable home loans in Columbia for families and individuals earning up to one hundred and fifty percent of the area median income. We work with partner banks to secure low interest rates and favorable terms and conditions with no mortgage insurance required.
See our downloadable brochures below for more details or simply give us a call at 803.545.3373.
Our goal is to get you the best home ownership deal in town. Find out if you qualify. Call today!
City Lender I Program (PDF) updated 5/2015
City Lender II Program (PDF) updated 5/20/15
Affordable Housing Program (PDF) updated 2/19/2016
Housing Loan Programs Policy and Procedures (Currenting Revising 02/23/2016)
*Some programs are restricted to designated areas and are available on a limited basis.
**Set-aside funds are a requirement of the HOME Investment Partnership Program.