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The St Louis Contrarian

Providing Independent and Intelligent Insight on St. Louis Public Policy Issues

Archive for the category “gentrification”

Historic Tax Credits for Residential Use

The St. Louis Business Journal had a poll today which appeared critical of State Historic Tax Credits being used on residential properties. These credits are part of the state program which is used primarily on apartments and commercial buildings.

If used properly, the credits can help rejuvenate historic neighborhoods and preserve housing. The criticism seems to be that sometimes people who use these credits don’t need them. A simple solution would be to means test the program so that only households who need the credits will use them. Written by Paul Dribin

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Urban Development and Privilege

Much has been written recently about the concept of white privilege. I  find the term somewhat offensive because it makes people defensive. Nevertheless, the concept is true

There are a couple areas of middle class privilege that contribute negatively to the well being of communities.   The first is the mortgage interest deductions. This deduction primarily helps higher income people, and artificially drives up the price of housing. Working class people who do not itemize are hurt. This by the way is the biggest housing subsidy. A tax credit targeted to working class people would be more effective

A second set of privileges cover zoning and planning laws in our communities. These laws tend to zone out smaller and more affordable housing and Multifamily housing. I am not talking about housing homeless people but teachers social workers, nurses etc.    

The results of these policies are unnecessary segregation , a lack of mobility, and urban decline.  Written by paul Dribin

Urban Homesteading

I wanted to write again about Urban Homesteading, a program which I believe would be transformative for St. Louis and other communities. My previous work with this program in Milwaukee inspires my vision.

St. Louis has lots of vacant boarded houses in city possession. Urban Homesteading would allow for the transfer of these houses to individuals and families who agree to live in the houses and rehabilitate them to code. Title would transfer to the homesteader after successful completion of the rehabilitation. Some important caveats:

1. The rehab would need to be completed by professional contractors approved by the city. Sweat equity does not work in these situations.

2. The families selected for the program must be working and pass a screening. This will not work for people with significant social problems.

3. The properties must be carefully selected. They should be as close together as possible, and in a condition that allows for rehab.

St. Louis is working hard to attract young people to the city. This program can significantly help that effort.

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