STL leaders propose use of $230M in Rams settlement funds
Summary
Officials in St. Louis have proposed a plan to distribute $230 million obtained from the Rams settlement funds. The proposal focuses heavily on North St. Louis, which would receive approximately $110 million. This allocation includes $65 million dedicated to infrastructure and neighborhood improvements, alongside $55 million intended for downtown revitalization efforts.
Furthermore, the funding plan for North St. Louis specifically earmarks $70 million to support home repairs and housing preservation initiatives.
(Source:Springfield Business Journal)