Prop NS Program

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:

• How to Register with STL City Permits
• Creating Sub-user Accounts (to designate a contract signer other than oneself)
• Uplading Documents (such as City Business License and Liability Insurance)

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.