The battle against derelict buildings in St. Louis just got a new leader and $6 million-a-year war chest.
On Monday, Sean Thomas started work as leader of Project NS, a city effort to shore up salvageable homes owned by the Land Reutilization Authority.
In April 2017, voters approved Proposition NS (Neighborhood Stabilization), which authorized a small property tax increase allowing the city to sell up to $40 million in bonds for stabilizing residential property. That measure said that up to $6 million of the bond revenue should be issued a year.
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