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City leaders push for funding to combat housing crisis

October 24, 2024 | St. Louis City, St. Louis County, Missouri


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City leaders push for funding to combat housing crisis
During a recent government meeting, officials discussed the progress and future of the Community Development Block Grant (CDBG) program, emphasizing its role in fostering a regenerative ecosystem that supports youth and senior services, job training, and health services. The aim is to create a sustainable pipeline for families to access essential resources and ultimately rise out of poverty.

Alderman expressed optimism about the city's population growth target of 37,000 over the next decade, highlighting the necessity of intentional steps, particularly in housing availability. Concerns were raised regarding the methodology of market rate value analysis, which some officials believe may be skewed by housing scarcity in certain areas. The need for a deeper examination of these factors was noted as crucial for equitable city growth.

Aldrich, another committee member, praised the comprehensive report from the Community Development Agency (CDA), acknowledging the importance of public engagement in the process. He highlighted ongoing projects in historically disinvested neighborhoods, such as Car Square, and commended the upgrades to Loretta Hall Park, which he described as state-of-the-art.

The discussion also touched on the home repair program, with Aldrich urging for expedited processes to assist residents who have faced long wait times. He noted that while the program has seen increased funding and expenditure—rising from $2 million in 2022 to $11 million over the past two years—additional funding is necessary to maintain momentum and meet the growing demand.

The meeting concluded with a focus on the Choice Neighborhoods initiative, which has significantly improved median household income in the community from $14,000 to over $23,000 since the program's inception. Officials emphasized the importance of investing in community assets alongside housing to build trust and ensure lasting impact. The CDA's commitment to community improvements, including parks and public art, was highlighted as a key factor in fostering community engagement and support.

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Scribe from Workplace AI
Scribe from Workplace AI