Ordinance 71498

Equitable Development Contribution associated with the City Foundry Saint Louis Redevelopment Area

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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

St. Louis City Ordinance 71498 Document (128.78 KB PDF)

Overview

Session: 2021-2022

Board Bill Number: 151

Primary Sponsors: Tina (Sweet-T) Pihl

Effective: 05/04/2022

Co-Sponsors:

Brandon Bosley, Dan Guenther

Legislative History

Legislative activities and outcomes for this board bill. Learn more about what these activities mean.

  • 01/14/2022

    First Reading

    Bill text was introduced (1.85 MB PDF).

  • 01/14/2022

    Referred to a Committee

    The bill was assigned to the Housing, Urban Development and Zoning Committee.

  • 02/08/2022

    Committee Hearing

    The bill was passed out of committee with a recommendation of do pass during the Housing, Urban Development and Zoning Committee hearing.

  • 02/11/2022

    Second Reading

  • 02/18/2022

    Perfection

    The bill was passed.

  • 02/25/2022

    Third Reading

    The bill was placed on the informal calendar.

  • 04/14/2022

    Engrossment

    The bill was engrossed during the Engrossment, Rules, Resolutions and Credentials Committee.

  • 04/14/2022

    Third Reading

    The bill was passed.

  • 04/15/2022

    Delivered to Mayor

  • 05/04/2022

    Mayor Returns Bill

    The bill was approved.

  • 05/04/2022

    Delivered to Register

  • 05/05/2022

    Register Returns Notice with Ordinance Number

    Register returns ordinance number 71498. Effective date is 05/04/2022

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