On Friday, Alderman Kacie Starr Triplett (6th Ward) introduced legislation to tackle the problems caused by vacant and foreclosed properties. The “St. Louis Vacant Building Initiative” will improve neighborhoods and property values throughout the City by holding property owners accountable for the upkeep of their properties. Aldermen Florida, Williamson, Cohn, French, Carter, Kennedy, Gregali and Moore have signed on as cosponsors of the legislation.

“Vacant buildings and foreclosed properties are a drain on our communities, eyesores in our neighborhoods and a significant burden upon city resources,” Triplett said. “This initiative will address these problems and improve the quality of life for every City resident.”

Triplett states her ultimate goal is to rehab and renovate the vacant and foreclosed buildings. Until then, this initiative will shift the burdens of upkeep for these properties away from the City and its taxpayers to the actual property owners, including banks and mortgage companies.

Further details on the Vacant Buildings Initiative bill are contained in the summary sheet which accompanies the .pdf version of the press release that is attached to this document.