- Former Sikeston DPS director denies knowing about allegations against detective (7/20/17)1
- Compliance check results in underage citations at four Cape bars (7/19/17)1
- 49-year-old homicide victim found in Cape (7/20/17)
- Buffalo Wild Wings to hold fundraiser Wednesday for ailing Cape officer (7/19/17)1
- Chaffee City Council fires officer facing criminal charge (7/23/17)1
- At least one Perryville cop disciplined for misconduct (7/20/17)1
- Sikeston detective's files about murder suspect missing from DPS (7/18/17)1
- More details emerge in Perryville police-misconduct case (7/21/17)
- Cape homicide victim identified (7/21/17)
- Painted-rock hunts catch fire in Cape area (7/20/17)
Report favors trust fund for housing
WASHINGTON -- A national trust fund for affordable housing would create over a million jobs with up to $50 billion in wages, public housing advocates said Thursday.
A new study released by the Washington-based Center for Community Change justifies the economic benefits of such a fund. Already, housing trust funds exist in more than three dozen states, nearly four dozen cities and six dozen counties.
St. Louis residents voted this year to create a brand-new tax for such a fund and will split the 2.65 percent tax between housing and health care.
But a national fund is the best way to meet the growing need for more housing nationwide as federal dollars disappear, said Andrew Mott, the center's executive director.
Produced by the Northwest Federation of Community Organizations, the report says a $5 billion national trust fund would generate 184,300 construction jobs with $4.9 billion in wages and eventually lead to another 1.6 million jobs paying $44.6 billion in new wages.