Board Bill Number 58 In Session 2025-2026
Chapter 99 Redevelopment Plan for the Benton Park West, Fox Park, and Tower Grove East Scattered Sites Redevelopment Area
Summary
This Board Bill seeks to approve a Chapter 99 Redevelopment Plan and Blighting Study for the Benton Park West, Fox Park, and Tower Grove East Scattered Sites Redevelopment Area. The prospective redeveloper is producing 71 affordable units ranging from 1-3 bedrooms, at the cost of $14.2 million. The redeveloper plans to utilize LIHTC, other public and private funds for this project. Staff supports up to fifteen (15) years of tax abatement as follows: ten years (10) years of tax abatement based on 90% of the assessed value of incremental improvements followed by five (5) years of tax abatement based on 50% of the assessed value of incremental improvements.
Download
Latest Bill text:
- Introduced (1.90 MB PDF)
Overview
Session: 2025-2026
Introduced: 07/11/2025
Primary Sponsors: Alisha Sonnier
Latest Activity: Register Returns Notice with Ordinance Number
Ordinance: 72064 effective 01/02/2026
Co-Sponsors:
Shane Cohn, Michael Browning, Shameem ClarkHubbard, Laura Keys, Rasheen Aldridge, President Megan E Green
Legislative History
Legislative activities and outcomes for this board bill. Learn more about what these activities mean.
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07/11/2025
First Reading
Bill text was introduced (1.90 MB PDF).
07/11/2025Referred to a Committee
The bill was assigned to the Housing, Urban Development and Zoning Committee.
11/04/2025Committee Hearing
The bill was passed out of committee with a recommendation of do pass during the Housing, Urban Development and Zoning Committee hearing.
11/07/2025Second Reading
11/14/2025Perfection
The bill was passed.
11/21/2025Engrossment
The bill was engrossed during the Engrossment, Rules, Resolutions and Credentials Committee.
11/21/2025Third Reading
The bill was passed.
11/21/2025Delivered to Mayor
12/02/2025Mayor Returns Bill
The bill was approved.
12/03/2025Help Us Improve This Page
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