HUD awards St. Louis money to rejuvenate distressed neighborhood - KMOV.com

HUD awards St. Louis money to rejuvenate distressed neighborhoods

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A deteriorating building in St. Louis (Credit: KMOV) A deteriorating building in St. Louis (Credit: KMOV)
ST. LOUIS, Mo. (KMOV.com) -

Federal leaders will be in St. Louis to announce major money will be awarded to help rejuvenate distressed neighborhoods.   

Under President Barack Obama’s administration, the U.S. Department of Housing and Urban Development will grant a total of $132 million to five cities, which will be used to transform urban areas.

“These game-changing investments will breathe new life into distressed neighborhoods and offer real opportunities for the families who call these communities home,” said U.S. Housing and Urban Development Secretary Julian Castro. “What we do today will leverage private investment and bear fruit for generations of families looking for an opportunity to thrive in neighborhoods that are connected to the economic and social fabric of their communities.”

The $29.5 million awarded to St. Louis will help secure federal help to areas that have long-struggled with neglect and poverty.

Lucy Smith has lived in Preservation Square for the past four years. She said, "This is the beginning of a journey that will not only change the physical structure of preservation square this grant will change the entire St. Louis community."

Smith would like to see improvements in housing right away.

"Once we get our housing together that motivates the people they are not ashamed to come home they feel safe," she said.

The funding is the latest money awarded to St. Louis’ poorest neighborhoods. Months ago, a $1.75 billion project was approved for the National Geospatial-Intelligence Agency (NGA) western headquarters, just north of downtown.

The federal funding could be the last piece of money given before Trump’s administration implements its own.

Trump’s plan and approach on urban assistance has been unclear. During his campaign, Trump spoke on inner cities and the people living in them as a “disaster.”

Denver, Louisville, Kentucky, Boston and Camden were also award money from the federal grant.

Copyright 2016 KMOV (Meredith Corporation). All rights reserved.

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