Each year, approximately 50 St. Louis families lose their homes because they didn鈥檛, or couldn鈥檛, pay the real estate taxes. Those tax foreclosures come down to an average of just $3,500 鈥 but they have a much bigger impact on both local families and the homes they are forced to abandon.
鈥淲hen a family does lose their home to foreclosure, it impacts the property value of the homes that are around it,鈥 said Abdul Abdullah, executive director of Park Central Development. 鈥淚t also adds to the vacancy that is so prevalent within the St. Louis area. When a home is vacant, it becomes what I like to call a petri dish for negative impacts on community development and takes away from the safety and security in a neighborhood.鈥
Now a new coalition hopes to help families get right with the tax collector, sparing them from foreclosure. The St. Louis Real Estate Tax Assistance Fund has been designed to intervene before properties go up for a tax sale. Its founders hope to help up to 50 families in the city this spring.
The fund will be administered by Park Central Development, the community development corporation working in the Central West End and the Grove, as well as neighborhoods north of Delmar. Its partners include the Collector of Revenue鈥檚 office, the nonprofit Prosperity Connection, and Legal Services of Eastern Missouri. The St. Louis Community Credit Union contributed an initial $5,000 seed money.
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Abdullah said the office of Collector of Revenue Gregory F.X. Daly will play a key role in identifying families in need before it鈥檚 too late. The office will also screen out investors or those with multiple properties on the tax rolls.
鈥淭hey've agreed to say, 鈥楬ey, when we have people that come in here, we're going to first of all refer them to you all to get the proper resource,鈥欌 he said. 鈥淎nd then when we get to the point where a home is not salvageable, and there is a foreclosure, and we do know that there's going to be a possible eviction, we鈥檙e working and trying to partner also with the collector's office, and even the sheriff's department to say, 鈥楬ey, where are these evictions taking place at,鈥 so we can truly intervene with people who are going to lose their home.鈥
Abdullah said the coalition is the result of two different efforts that joined forces before they launched. One came out of a conversation Abdullah had with 26th Ward Alderwoman Shameem Clark Hubbard, who was upset about a constituent being forced out of their home. He later learned of a second, parallel effort getting started at Legal Services of Eastern Missouri.
鈥淲hat we decided to do was not take what I call the St. Louis approach of being parochial and [instead] say, 鈥楬ey, how do we make a bigger pie where we can get more dollars to help more people?鈥欌 he recalled. 鈥淎nd that's exactly what we did.鈥
The coalition hopes to begin assisting families by the spring of 2022. For more information, or to donate, see .
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