Multi-Family Housing

The Missouri Linked Deposit Program partners with lending institutions to provide low-interest-rate loans to create and retain Missouri jobs, encourage new economic development projects, and strengthen communities statewide.

The Missouri Linked Deposit Program for Multi-Family Housing provides low-interest-rate loans to improve existing multi-family housing units or developing affordable housing in areas where it is needed.


  • An eligible residential property owner is a person, firm or corporation that purchases and develops or rehabilitates a multi-family residential structure. Projects with two or more units will qualify as multi-family residential structures. Deposit funds may be used in connection with loans for the purchase and rehabilitation, construction, renovation, and land development of multi-family residential structures.
  • An eligible residential property developer is an individual who purchases and develops a residential structure of either two or four units. The individual must agree to continue to use, for at least the next five years, one of the units as his principle residence. If not, the developer's principle residence must be located within one-half mile of the developed structure and he/she must agree to maintain the principle residence within one-half mile of the developed structure for at least the next five years.
  • Projects eligible for funding are apartment building renovations, housing for the homeless and other affordable housing initiatives.

Additional Resources

Businesses looking for additional funding should also visit the Missouri Housing Development Commission. The Commission is dedicated to strengthening communities and the lives of Missourians through the financing, development, and preservation of affordable housing.

Download a Multi-Family Housing Loan Application to be completed with your lender.