STL leaders propose use of $230M in Rams settlement funds

Springfield Business Journal
St. Louis officials have proposed allocating $230 million from the Rams settlement toward infrastructure, housing, and downtown revitalization.

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)

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