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Final 9-25-16 Delaware

HUD Awards St. Louis County Nearly $27-Million For Revitalization

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HUD Awards St. Louis County Nearly $27-Million For Revitalization

Clayton, MO  (KTRS)  St. Louis County will be able to fund several revitalization projects thanks to nearly $27-million in federal funding. On Wednesday morning,  HUD Secretary Julian Castro joined St. Louis County Executive Steve Stenger during a news conference to announce the community revitalization funding package. “I’m proud to announce that HUD is awarding St. Louis […]

HUD Awards St. Louis County Nearly $27-Million For Revitalization

Clayton, MO  (KTRS)  St. Louis County will be able to fund several revitalization projects thanks to nearly $27-million in federal funding.

On Wednesday morning,  HUD Secretary Julian Castro joined St. Louis County Executive Steve Stenger during a news conference to announce the community revitalization funding package. “I’m proud to announce that HUD is awarding St. Louis County with  $24-million from our Section 108 loan guarantee initiative. ” Castro added that these “funds that can be used to improve housing, support entrepreneurship, increase transient options, and strengthen communities.”

HUD also awarded St. Louis County $2.4-million to support development in areas impacted by the 2013 tornado and $100,000 dollars in technical assistance.

Stenger said it hasn’t been determined where the money will be allocated, but he anticipates a majority of funds will be used to help north county, including Ferguson.

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