Board Bill Number 151 In Session 2021-2022
Equitable Development Contribution associated with the City Foundry Saint Louis Redevelopment Area
Summary
The purpose of this bill is to accept the Equitable Development Contribution associated with the City Foundry Saint Louis Redevelopment Area. The equitable development contribution is being paid by Vande East Partners, LLC in the amount of $1,800,000.00 to support affordable housing. The bill appropriates the funds to the Affordable Housing Commission ("AHC") and authorizes the AHC to expend such funds for the purposes of supporting affordable housing preservation, maintenance, and residential services within the current boundaries of the 17th ward and neighborhoods located North of Delmar Boulevard. This bill will fund housing assistance to homeowners who represent vulnerable populations within the city (senior citizens, low income, and people with disabilities). The bill contains a severability clause and an emergency clause.
Download
Latest Bill text:
- Introduced (1.85 MB PDF)
Overview
Session: 2021-2022
Introduced: 01/14/2022
Primary Sponsors: Tina (Sweet-T) Pihl
Latest Activity: Register Returns Notice with Ordinance Number
Ordinance: 71498 effective 05/04/2022
Co-Sponsors:
Legislative History
Legislative activities and outcomes for this board bill. Learn more about what these activities mean.
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01/14/2022
First Reading
Bill text was introduced (1.85 MB PDF).
01/14/2022Referred to a Committee
The bill was assigned to the Housing, Urban Development and Zoning Committee.
02/08/2022Committee Hearing
The bill was passed out of committee with a recommendation of do pass during the Housing, Urban Development and Zoning Committee hearing.
02/11/2022Second Reading
02/18/2022Perfection
The bill was passed.
02/25/2022Third Reading
The bill was placed on the informal calendar.
04/14/2022Engrossment
The bill was engrossed during the Engrossment, Rules, Resolutions and Credentials Committee.
04/14/2022Third Reading
The bill was passed.
04/15/2022Delivered to Mayor
05/04/2022Mayor Returns Bill
The bill was approved.
05/04/2022Feedback is anonymous.5 comments from people like you have helped us improve this page. Keep the feedback coming!
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