Latest news with #ImpactedTenantFund
Yahoo
6 days ago
- Business
- Yahoo
Property Tax rebate approved for tornado victims
ST. LOUIS – The St. Louis Board of Aldermen approved a bill to provide tornado victims with a property tax rebate. Friday morning, the board passed board bill 24 to help ensure that homeowners who lost their home in this month's tornado will get some property tax relief. Their taxes will be eligible for a pro-rated rate. Another bill, board bill 23, was on the agenda for final passage, but it will now be held until Tuesday after being amended earlier this week. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Board Bill 23 would provide rental assistance to tornado victims through the city's Impacted Tenant Fund. The board of aldermen has met three times this week to discuss this bill. 'Typically a board bill from start to finish takes about a month, but this board is showing how we are moving diligently, and we are moving quickly,' Ward 14 Alderman Rasheen Aldridge said. Even if passed, though, it is unknown how many people will benefit. The funding for the rental assistance program sits at $100,000 right now, with another $160,000 expected to be allocated in the coming weeks. 'We are working with the budget director and the administration to identify other potential funding sources we can pull from in order to get more money into that fund. I think everybody recognizes that $260,000 is not going to be enough,' Board of Aldermen president Megan Green said. Jacqueline Hines has owned her home on Page for 18 years. The back wall of the brick house collapsed in the tornado. She says she is grateful for all of the relief options being considered, but until she knows she qualifies, she is not waiting around. 'Until then, we still have to keep going. I still need stuff to be moved and I'm not waiting on nobody. So if anybody needs a job, I'm hiring because I'm not sitting on this porch for the sun. It already burned me,' she said. If Board Bill 23 is approved on Tuesday, the city still needs to implement an application process. It is unclear exactly when renters would be able to apply for relief. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
Yahoo
27-05-2025
- Business
- Yahoo
City leaders to discuss bills, federal aid for tornado recovery
ST. LOUIS – City leaders in St. Louis are set to consider two bills on Tuesday aimed at helping families recover from the devastating EF-3 tornado. The EF-3 tornado hit parts of St. Louis on May 16 and left five people dead, along with many homes unlivable. As families in St. Louis work to rebuild and recover, local and federal efforts aim to ease the process and provide much-needed support. The first bill proposes expanding the city's Impacted Tenant Fund to assist families displaced by natural disasters with relocation costs. Originally designed to support renters affected by building code violations, the fund could now extend to tornado victims. Donate here: Help support St. Louis storm victims The second bill would allow temporary adjustments to property assessments based on the duration a home was livable during the year, potentially reducing tax burdens for storm-damaged properties. Missouri Governor Mike Kehoe has requested a Major Disaster Declaration from President Trump to unlock federal aid for St. Louis and surrounding counties. This aid would cover temporary housing, home repairs, and emergency needs for storm victims. A public hearing on the proposed bills is scheduled for 1 p.m. Tuesday afternoon, providing an opportunity for community members to voice their opinions and concerns. The National Guard is set to assist with debris removal and cleanup efforts on Wednesday. All facts in this report were gathered by journalists employed by KTVI. Artificial intelligence tools were used to reformat from a broadcast script into a news article for our website. This report was edited and fact-checked by KTVI staff before being published. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
