Mayor Spencer Announces Plan for $12 Million in Rams Interest Funds for Housing and Debris Priorities
ST. LOUIS – Today, Mayor Cara Spencer announced a plan to invest the remaining $12 million in allocated Rams interest funds for tornado relief, with the vast majority going to debris removal and housing. “Private property debris removal and intermediate housing remain top priorities for the Recovery Office,” said Mayor Spencer. “These funds are a starting point to a larger tranche of funding to ensure we remove all debris from our communities and ensure our impacted residents have access to safe housing by winter.” The remaining $12 million in Rams interest funds for tornado relief will support efforts in the following areas. $5.35M Private property debris removal: Dumpsters and for non-profits and community groups, and consulting services for right-of-entry and site assessments to allow City-supported demolition and private property debris removal. $5M Intermediate housing: This will fund repairs to make hundreds of affordable, public and non-profit
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