Recommendation CC.2
Recommendation Status: Expand
Increase the annual number of home repair grants for Low - and moderate-income homeowners by leveraging public funding with private resources.
This recommendation helps achieve the following
Complete
Communities
Inclusive
Economies
Leading the Region
Key Issues Addressed
Related Planning Topic Areas
Applicable Geographic Scales
Countywide
Municipalities
Sub-geographies
Equity Considerations
Sources funding from diverse platforms advocating for under resourced communities.
Sustainability Considerations
Various funding and financial partnership promote longevity of budget and resources.
Implementation
Lead Partner(s)
Supporting Partner(s)
Cost
Low
(Less than $1 mil)
Medium
($1-10mil)
High
($10+ mil)
Project, Partnership, or Policy
Project
Partnership
Policy
Community Action Agency of St. Louis County, Inc.
St. Louis County Port Authority
Rebuilding Together St. Louis
Rise Community Development
Justine Peterson
Habitat for Humanity St. Louis
Christian Hospital Foundation
Timeline
Medium-term
(5-10 Years)
Ongoing
Near-term
(Within 5 Years)
Long-term
(10+ Years)
Potential Funding Sources
St. Louis CDFI Coalition
Federal Home Loan Bank
Missouri Department of Economic Development
Missouri Housing Development Commission
Christian Hospital Foundation
St. Louis Port Authority Community Investment Fund
Tracking Implementation
Tracking Success
Funding Ratio (Private:Public)
If overperforming, what should we do?
Target resources primarily in areas with lowest participation in program.
If underperforming, what should we do?
Shift resources into more moderate income geographic areas to take advantage of stronger market conditions.