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Panel: Real Estate Tax Assistance Fund has saved homes; city urged to help sustain program
Summary
ParkCentral, Legal Services and the Collector's Office told the committee the Real Estate Tax Assistance Fund (RETAF) has saved roughly 205 homes since 2022 and preserved more than $7 million in home equity; presenters asked the board to consider local funding to sustain the program beyond ARPA and private donations.
Speakers from ParkCentral, Legal Services of Eastern Missouri and the Collector of Revenue presented the Real Estate Tax Assistance Fund (RETAF) to the Housing, Urban Development & Zoning Committee on Nov. 12, detailing the program’s origin, eligibility rules, outcomes and funding needs.
Greg Daley, Collector of Revenue for St. Louis City, introduced the presenters and said the initiative preserves homeownership and prevents tax‑sale driven displacement. Abdul Abdullah, executive director of ParkCentral, described how the program grew from two local efforts into a…
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