St. Louis Development Corporation

Despite selling roughly 113 repaired homes in north St. Louis, only 12 of the homes sold through the program have been fully rehabbed.

Missouri Auditor Scott Fitzpatrick announced his office will audit the St. Louis Development Commission after an investigation found possible improper governmental activity.

Kea Point Solutions, founded by a project manager who worked on the National Geospatial Agency campus project, said it sees opportunity in tornado-impacted areas.

The St. Louis Local Development Company says organizations can each receive up to $5,000. The deadline to submit an application is Aug. 29.

An early look at the Vacancy Strategy Initiative Report shows the number of vacant properties in the city decreased by 4% since 2018.

Williams takes over for Neal Richardson, who was appointed by former Mayor Tishaura Jones and led the organization for the past four years.

The Stable Communities STL pilot program used federal American Rescue Plan Act dollars to hire contractors to repair vacant or neglected buildings and then pass on those costs to building owners

The city has made progress on two prominent vacant buildings in the past year, but rebounding from a “real estate nightmare” will take many more years.

The city’s Land Clearance Redevelopment Authority paid about $2.6 million Friday for the 10 parcels that make up the vacant parking garage and surface lot that comprise the city block.

It’s a problem that metastasized over decades, making it unrealistic to expect a speedy solution to the roughly 25,000 vacant buildings and lots inside city limits.