News

St. Louis voters approved $5 million for affordable housing, but budget routinely falls short

May 22, 2017

St. Louis is on track to underfund the city’s Affordable Housing Trust Fund for the sixth straight year, despite a $5 million minimum annual allocation voters passed in 2002. This comes about a month after voters approved a half-cent sales tax increase for public transit and affordable housing. Washington University assistant professor Molly Metzger, chairperson of the Brown School’s social and economic development concentration, said funding for housing had implications for the city’s biggest priority, public safety, as well as student success rates in public schools.

Source: http://www.stltoday.com/news/local/metro/st-louis-voters-approved-million-for-affordable-housing-but-budget/article_9d409257-5d01-5830-809e-98c50dcecf84.html