When PCH purchases homes, we shoulder mortgages and all annual maintenance for the life of the resident and the life of the home. As of 2021, PCH holds $1,450,000 in mortgages on 56 properties through five trusted banking partners (debt ranges from $5,500 to $67,200 per house). 

To keep rents low for our population – all living below the poverty level and often with higher medical needs – we fundraise to eliminate debt and reduce operational capital expenses.

When a donation is received allowing a home’s mortgage to be paid in full, we have a front yard party with the donors, the residents, a fire pit, chocolate, graham crackers, and marshmallows and… BURN THE MORTGAGE.

Burn The Mortgage

If you would like to know more about making a donation to eliminate the debt on a home, please contact the Development Department at 314-567-1522

 

*Note: Mortgage amounts are updated quarterly.

This House is in Hazelwood

  • Maturity Date: 12/2022 – Carrollton Bank
  • PCH Annual cost for maintenance: $6,663.

Remaining Mortgage: $4,961

This House is in St. Charles

  • Maturity Date: 12/2022 – Central Bank
  • PCH Annual cost for maintenance: $6,367.

Remaining Mortgage: $5,160

This House is in Lemay

  • Maturity Date: 12/2022 – Central Bank
  • PCH Annual cost for maintenance: $2,717.

Remaining Mortgage: $4,659

This House is in Creve Coeur

  • Maturity Date: 12/2022 – Central Bank
  • PCH Annual cost for maintenance: $3,381

Remaining Mortgage: $2,469

This House is in St. Peters

  • Maturity Date: 12/2022 – Central Bank
  • PCH Annual cost for maintenance: $10,918.

Remaining Mortgage: $3,425

This House is in Florissant

  • Maturity Date: 12/2022 – Central Bank
  • PCH Annual cost for maintenance: $3,005.

Remaining Mortgage: $5,805

This House is in St. Peters

  • Maturity Date: 12/2022 – Central Bank
  • PCH Annual cost for maintenance: $2,797

Remaining Mortgage: $5,729

This House is in St. Peters

  • Maturity Date: 12/2022 – Central Bank
  • PCH Annual cost for maintenance: $5,150

Remaining Mortgage: $4,449

This House is in Bridgeton

  • Maturity Date: 12/2022 – Central Bank
  • PCH Annual cost for maintenance: $2,189

Remaining Mortgage: $4,111

This House is in St. Charles

  • Maturity Date: 12/2022 – Central Bank
  • PCH Annual cost for maintenance: $3,767

Remaining Mortgage: $6,399

This House is in St. Charles

  • Maturity Date: 12/2022 – Central Bank
  • PCH Annual cost for maintenance: $4,729

Remaining Mortgage: $6,375

This House is in Maryland Heights

  • Maturity Date: 12/2022 – Central Bank
  • PCH Annual cost for maintenance: $2,954

Remaining Mortgage: $4,880

This House is in St. Peters

  • Maturity Date: 12/2022 – Central Bank
  • PCH Annual cost for maintenance: $7,103