FT Holding News!
Here's a look at what's happening with our organization and partners who are helping to impact the communities we serve.
By KMOV Staff
Published: Apr. 19, 2023 at 6:54 PM CDT
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ST. LOUIS (KMOV) -- Nearly $2 million is going to address the need for affordable housing in St. Louis.
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The money is being given to a group of six area nonprofits working to help disenfranchised families in the region. Nine local faith leaders from across the region, called the Oikos Group, helped raise the money.
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The check presentation Wednesday was held at a church in North City’s Jeff-Vander-Lou neighborhood, which had just 19 new mortgages from 2010 to 2020.
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The Oikos Group estimates that more than 35,000 affordable rental units are needed in the St. Louis region to meet the need. Over the next two years, the group has a goal to serve more than 800 families, provide 130 affordable homes and assist 100 new homeowners.
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They are also encouraging other groups and people to be a part of their mission.
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