Affordable Housing Trust Fund | St. Louis Public Radio

Affordable Housing Trust Fund

Gary Newcomer (left) is the director of operations for the Community Builders Network of Metro St. Louis. Councilwoman Lisa Clancy (right) represents the residents of the 5th District of St. Louis County.

Last month, the St. Louis County Council voted 4-3 for Councilwoman Lisa Clancy’s bill to establish a trust fund aimed at creating more affordable housing. 

“We’ve got 400,000 households in St. Louis County,” said Clancy on Thursday’s St. Louis on the Air. “Over 100,000 of those households — that’s over 25% — are considered cost burdened when it comes to housing. … Cost burdened technically means you are spending over 30% of your income on housing.”

A worker trims marijuana plants in Ascend Illinois' growing facility in Barry, IL.
Eric Schmid | St. Louis Public Radio

On the final Politically Speaking roundup show of 2019, St. Louis Public Radio’s Julie O’Donoghue and Jason Rosenbaum look at some of the headlines that made an impact in the waning days of the year.

O’Donoghue talked with St. Louis Public Radio reporter Eric Schmid about impending legalization of marijuana in Illinois. It’s a move that will have a profound impact on towns in the Metro East — and on neighboring states like Missouri.

File photo I Carolina Hidalgo | St. Louis Public Radio / 1989

The St. Louis County Council voted Tuesday to establish a fund aimed at creating more affordable housing.

While the initial amount of money in the trust fund is small, the sponsor of the legislation believes the vote marks a big policy shift in the state’s largest county.