Prop NS Program

Structurally stabilizing LRA properties as a first step towards full rehab.

Process Overview

The Prop NS Program stabilizes Land Reutilization Authority (LRA) owned properties that are vacant, residential, and six units or less. Nominated properties are inspected by the Prop NS team and reviewed by the Stabilization Advisory Committee (SAC). The LRA Board of Commissioners receives recommendations from the SAC, then votes to approve or deny stabilization funding.

Upon the completion of stabilization work, properties are made available for offers to purchase during 21-day bid windows. Properties are sold to the highest bidder that the LRA Board has determined has the capacity to complete rehab to City of St. Louis occupancy standards within 24 months.

  • The current 21-day bid window is OPEN from Monday, January 6th to Monday, January 27th at 12:00pm (noon). All offers to purchase must be submitted in person and within the bid window.

Prop NS History & Background

The Prop NS Program is a strategic initiative with a goal of stabilizing, securing, and selling vacant residential buildings owned by the City of St. Louis Land Reutilization Authority (LRA). The program was established by a community-initiated and voter-approved ordinance to create a dedicated source of funding to make it possible for LRA to improve properties within the City’s land bank of vacant buildings. This investment is intended to increase the likelihood that properties will be purchased by private parties who will then finish their rehab and transform current deteriorating buildings into decent housing for their communities.

Approved by voters on April 4, 2017, Proposition NS and the subsequent authorizing Ordinance 70956 directs the City to:

  1. issue and sell $40 Million in general obligation bonds – with no more than $6 Million to be issued annually - for the purpose of stabilizing residential properties owned by the Land Reutilization Authority of the City of St. Louis; and
  2. market and sell these stabilized properties in a “simplified and efficient program”

These Ordinances limit the investment of Prop NS funds to no more than $30,000 per single family house or no more than $50,000 per 2-6-family building.

No more than 200 properties can be in the stabilization process or for sale at any given moment. Once the total reaches 200, no additional building will be taken on until one or more houses get sold.

Guiding Principles

Guiding Principles for the Prop NS Implementation Process:

  • Transparent Process
  • Community Informed Oversight
  • Creation of Building Nomination Process for Residents
  • Publicly Accessible Data and Outcomes
  • Catalyst for Neighborhood Reinvestment and Workforce Development

Information for Contractors

Contractors interested in bidding on Prop NS stabilization construction projects should go to stlcitypermits.com to register. Contractors should then register as "General Contractor" under Construction Type and then continue to fill out the rest of the registration page. 

The Youtube links below will provide a walkthrough on how to register and upload documents to STL City Permits:

To get a better idea of the type of issues contractors need to be able to address, visit the Purchasing Prop NS Property page to see examples of previous stabilization work.

Contact Information

Email: prop-ns@stlouis-mo.gov

Phone:

Address:
1520 Market Street , Suite 2000
St. Louis, Missouri 63103

Map for the above address
Get directions to this address

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