RFT - Prop NS Won After All, Judge Says, Overruling Elections Board
https://www.riverfronttimes.com/newsblo ... ions-board
https://www.riverfronttimes.com/newsblo ... ions-board
Good that advocated saw this path forward and supported this litigation. Hopefully much needed money can start going towards stabilization on the North Side.
Per the Mayor’s live session, the prop NS site is now operational where citizens can nominate LRA buildings to be considered for stabilization. Thought we had a thread for prop NS but could not locate. Feel free to move this there
https://www.stlouis-mo.gov/government/d ... nation.cfm
https://www.stlouis-mo.gov/government/d ... nation.cfm
I couldn't find a Prop N-S specific thread, but I've been looking at the Prop NS website and it's been interesting to see the program develop. So far they have rehabbed and sold three small houses in Greater Ville, Mark Twain Industrial & Walnut Park East.
There's at least 10 more houses they now have under construction, which are all on the North Side. I'm especially excited about the rehabs they're doing in Fountain Park, some really beautiful housing on the 1100 block of Walton.
Two things I'm kind of skeptical of are that Walnut Park East and West seem to be a focus of the program, probably because of who sits on the N-S board. These neighborhoods are in bad shape and the housing stock seems not so well built so I'm curious to see how much interest there is in buying stabilized properties up there.
The other is that they haven't approved any stabilizations on the South Side. While obviously more stable I think there's plenty of vacant properties that could use the help, especially in Dutchtown and Carondelet.
There's at least 10 more houses they now have under construction, which are all on the North Side. I'm especially excited about the rehabs they're doing in Fountain Park, some really beautiful housing on the 1100 block of Walton.
Two things I'm kind of skeptical of are that Walnut Park East and West seem to be a focus of the program, probably because of who sits on the N-S board. These neighborhoods are in bad shape and the housing stock seems not so well built so I'm curious to see how much interest there is in buying stabilized properties up there.
The other is that they haven't approved any stabilizations on the South Side. While obviously more stable I think there's plenty of vacant properties that could use the help, especially in Dutchtown and Carondelet.
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^The 4000 block of South Grand comes to mind. There are five rather handsome and solid looking structures rapidly falling to neglect. And I can't for the life of me understand why the entire block is being left to rot. (Immediately south of Merb's Candies.)
There are very few LRA buildings in South St. Louis, therefore most NS money will be spent north. That's a good thing. The market can mostly handle renovating buildings south if owners will sell them. The stabilization and subsidy need is north. The initial buildings selected were test cases, and actually funded with Building Division money. Going forward you will see the building selection based on public nominations, and ability for the funding to get enough work done to be worth the investment.
Iirc the ward alderman also gets a say whether a building gets approved for NS stabilization. Adds another layer of politics in there.....
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I looked them up. They don't seem to be. Two are owned by the same entity. The other three are all owned by different individuals or organizations. All four have addresses out of town, mostly out in the county, as I recall. 4006, 10, 14, 18, and 22 S. Grand.quincunx wrote: ↑Apr 10, 2021Are they LRA-owned?
Then you understand that they’re not eligible for Prop NS funding?symphonicpoet wrote:I looked them up. They don't seem to be. Two are owned by the same entity. The other three are all owned by different individuals or organizations. All four have addresses out of town, mostly out in the county, as I recall. 4006, 10, 14, 18, and 22 S. Grand.quincunx wrote: ↑Apr 10, 2021Are they LRA-owned?
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^Well, no, I didn't. I wouldn't pretend to know how the thing works. I suppose I figured the owner could apply for a grant. I guess that's not the case.
Vacant buildings start getting facelifts funded by special St. Louis property tax
https://www.stltoday.com/news/local/met ... 8c9a7.html
https://www.stltoday.com/news/local/met ... 8c9a7.html
So far the top neighborhoods that SLDC has chosen to renovate/stabilize properties are:
-Greater Ville: 11 properties
-Kingsway East: 11 properties
-Walnut Park East: 10 properties
-West End: 8 properties
-Hyde Park: 7 properties
-Fountain Park: 5 properties
-Wells Goodfellow: 5 properties
Seems like the program is making progress so far, I would like to know who they are selling properties to, is there any oversight over the screening? Because if they are stabilizing vacant properties just to sell them to out of state investors bent on holding homes until they are worth more the money is just going to waste.
Info from: https://www.stlouis-mo.gov/government/d ... erties.cfm
-Greater Ville: 11 properties
-Kingsway East: 11 properties
-Walnut Park East: 10 properties
-West End: 8 properties
-Hyde Park: 7 properties
-Fountain Park: 5 properties
-Wells Goodfellow: 5 properties
Seems like the program is making progress so far, I would like to know who they are selling properties to, is there any oversight over the screening? Because if they are stabilizing vacant properties just to sell them to out of state investors bent on holding homes until they are worth more the money is just going to waste.
Info from: https://www.stlouis-mo.gov/government/d ... erties.cfm
My understanding with LRA is that you can't even buy a property unless you have plans and financing in place to do something with it. I could very well be wrong.PeterXCV wrote: ↑Oct 25, 2021Seems like the program is making progress so far, I would like to know who they are selling properties to, is there any oversight over the screening? Because if they are stabilizing vacant properties just to sell them to out of state investors bent on holding homes until they are worth more the money is just going to waste.
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That’s sort of the expectation but in practice if you have a vague plan it seems with some properties you can just go ahead (speaking from experience with only one parcel)aprice wrote:My understanding with LRA is that you can't even buy a property unless you have plans and financing in place to do something with it. I could very well be wrong.PeterXCV wrote: ↑Oct 25, 2021Seems like the program is making progress so far, I would like to know who they are selling properties to, is there any oversight over the screening? Because if they are stabilizing vacant properties just to sell them to out of state investors bent on holding homes until they are worth more the money is just going to waste.
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Another set of rehabbed buildings is now going for auction: https://www.stlouis-mo.gov/government/d ... ldings.cfm
There are some amazing buildings on the list, really glad they got some investment in the nick of time:
-5700 Page
-5908 Etzel
-4822 Labadie
There are some amazing buildings on the list, really glad they got some investment in the nick of time:
-5700 Page
-5908 Etzel
-4822 Labadie
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Crazy how often the fixes are simply - stabilized roof, cleaned/replaced gutters & downspouts, cleaned out.
- 10K
NextSTL - Buildings Stabilized with Prop NS Funds up for Bid
https://nextstl.com/2022/05/buildings-s ... p-for-bid/
https://nextstl.com/2022/05/buildings-s ... p-for-bid/
Following up on my post since last year, the top neighborhoods SLDC has chosen to renovate/stabilize properties in are:
-Walnut Park East: 25 properties
-Greater Ville: 21 properties
-Kingsway East: 17 properties
-Academy: 16 properties
-Hyde Park: 9 properties
-West End: 9 properties
-Lewis Place: 8 properties
-Fountain Park: 7 properties
-Wells Goodfellow: 7 properties
-College Hill: 6 properties
-O'fallon: 6 properties
-The Ville: 6 properties
-Hamilton Heights: 5 properties
-Walnut Park East: 25 properties
-Greater Ville: 21 properties
-Kingsway East: 17 properties
-Academy: 16 properties
-Hyde Park: 9 properties
-West End: 9 properties
-Lewis Place: 8 properties
-Fountain Park: 7 properties
-Wells Goodfellow: 7 properties
-College Hill: 6 properties
-O'fallon: 6 properties
-The Ville: 6 properties
-Hamilton Heights: 5 properties
There's a few but LRA properties are overwhelmingly concentrated in North City. Most vacant buildings in the Dutchtown area are privately owned.SouthCityJR wrote: ↑Aug 31, 2022None from South City?