Slay to give State of the City address today
By Kevin Lavery, KWMU
St. Louis, MO. – St. Louis Mayor Francis Slay is expected to highlight a growing housing market as a major focus of his annual State of the City address Friday.
The Federal Reserve reports this week that home sales in the St. Louis are up over six percent from this time last year.
In 2005, Slay called for 10-thousand new homes over the next 10 years. Now, he says the city is on course to surpass that goal.
"We've already in 2005 alone, have built 6,500 new or substantially rehabilitated homes in the city of St. Louis in one year," Slay said. "So we're already, in that case, on track to far exceed the goals that we set in that regard."
The mayor is also expected to focus on anti-crime measures and strategies for reducing poverty in Friday's address