Congressman Wm. Lacy Clay (D-MO) will be joining community leaders, government officials and grant recipients to announce $2.5 million in new funding to build and upgrade affordable housing in St. Louis.
Congressman Clay will be joined by officials from the Federal Home Loan Bank to announce $2.5 million in grants to provide affordable housing and home repairs for low-income residents and homeless veterans. The event will feature check presentations to Beyond Housing, Better Family Life and the Salvation Army.
The following organizations will be receiving Federal Home Loan Bank of Des Moines Affordable Housing Program grants:
Better Family Life, Inc. and Midwest BankCentre
$500,000 grant
Beyond Housing and Midwest BankCentre (2 grants)
$1.0 million grant
Beyond Housing and First National Bank of St. Louis
$500,000 grant
The Salvation Army and Heartland Bank
$480,000 grant
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Every family wants a home to call their own. Since the election there has been no shortage of announcements from the coalition on housing. And the government's plans will do nothing to tackle the real cause of the rising housing benefits bill: the shortage of affordable homes.
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