This is an article featured on the City of St. Louis' website:
October 24, 2017
When the SLACO vacancy committee met with LRA staff in January, they asked if they could pick 15 LRA properties in Walnut Park West and help market and sell them to homeowners.
LRA responded by providing “For Sale” signs and attending numerous homebuying workshops, led by neighborhood leaders Angela Drake, Eltorean Hawkins, Lillie Clay and Al Willis. The workshops addressed such topics as how to purchase LRA properties, financing options and renovation costs. As a result, eight of the first “Finest 15” are under contract and the first one closed last week. A ribbon cutting and open house was held on October 20th to celebrate Donita Sims’ purchase of her first home, a former LRA property in Walnut Park West.
The “Finest 15” partnership will continue highlighting and marketing LRA properties in different neighborhoods throughout the City of St. Louis. The price of these selected properties range from $1000 to $4000. The committee estimates that rehabilitating these homes requires approximately $10,000 in investment. The "Finest 15" properties all have strong foundations and well maintained roofs and need a minimal amount of work.
To see photos from this story, click here.
SLACO and LRA held a follow-up Finest 15 workshop on October 28. The partnership selected 15 properties in the Fairground Neighborhood that are ready for rehab and perfect for home-ownership. For more information about the program, contact SLACO at 314-361-9406 or LRA at 314-657-3725.
Here is the “Guide for Successful Neighborhood Associations.” You may read the guide, download and read later or print.
This guide will assist you in starting a neighborhood association. It is by no means a complete set of rules to be followed. It is merely a starting point with helpful hints and proven methods to effectively organize your group.
Attendees at a recent “Finest 15” workshop held in October at the O’Fallon Park YMCA.
Please join us as we help homeownership become a reality. From 10 a.m. to noon, Saturday, Feb. 10 at Mission St. Louis, SLACO's Vacancy Project will host a free event called "The Finest 15".
The Hyde Park Neighborhood Association (HPNA) and the LRA will highlight and market 15 LRA properties in the Hyde Park Neighborhood that are ready for rehab and home-ownership. The purchase price of these selected properties range from $1,000 to $4,000.
The goal of the “Finest 15” is to encourage home ownership. There are a lot of people who live in substandard housing and pay rent that is twice the amount of a mortgage. This program offers a great opportunity to purchase a home without a 20 to 30 year mortgage.
Tackling vacant housing in St. Louis neighborhoods has been always been a priority for the St. Louis Association of Community Organizations (SLACO). Our group's Vacancy Project started holding workshops to educate the public on the process of buying a home from the City of St. Louis' Land Reutilization Authority (LRA), which has 3,100 homes across the city in its portfolio.
Can Real Estate Investment Trusts change the way residents view their neighborhoods? Learn how this redevelopment tool can positively change the course of St. Louis neighborhoods.
"Finest 15” LRA Property Ownership Workshop
10 a.m. to Noon
Saturday, February 10
Mission St. Louis Office
3108 N. Grand
St. Louis, MO 63107
The key to successful neighborhood fundraising is to know what successful neighborhoods do. Now available are three "Keys to Neighborhood Fundraising" that will assist your neighborhood association with its development needs. Click and download each item.
With the city's once-revolutionary land bank overtaxed and underfunded, volunteers try to fill the gap. To read more, click here.
Neighborhood Profit Sharing with Real Estate Investment Trusts
What is the North Corridor Collaborative?
A collective group of service providers, city officials and residents along the North Corridor, dedicated to providing a supportive network of services and facilitating measurable change in an effort to create a stronger North City.
Its vision is to build a structure for stakeholders to support effective vehicles for investment and neighborhood support and greater collaboration in North St. Louis.
The Sustainable Neighborhoods Academy
Register Now!! Click here to get tickets.
Turning Vacant Buildings into Urban Farming Spaces
More Sustainable Neighborhoods Academy Activities
Riverfront Times Article Discusses SLACO's Vacancy Project
Dec. 20, 2017
Support SLACO Directly Here
The North Central Special Business District
Did you know that a vacant building could become a neighborhood farm? Chicago pioneered this innovative space.
Check it out!
St. Louis Association of Community Organizations
The Three Keys to
Activities of the Sustainable Neighborhood Academy are financed in part through an allocation of Community Development Block Grant funds from the Department of Housing and Urban Development and the City of St. Louis Community Development Administration. Below are resources from this year's academy workshops.