Today, Mayor Cara Spencer and President of the Board of Aldermen Megan Green announced a board bill to invest $230 of the City’s Rams settlement, with $110 million to support tornado recovery and North St. Louis, $65 million going to critical infrastructure maintenance citywide and $55 million for the revitalization of Downtown.This bill is the result of many weeks of collaborative efforts between the Mayor’s Office, Office of the President of the Board of Aldermen, the Comptroller’s Office, the Board of Aldermen and a long list of community stakeholders, and is sponsored by President Green.”The ways we invest these one-time funds must be ambitious, realizable and catalytic, creating a positive cycle of growth that lifts up every St. Louisan and, especially, St. Louisans living in tornado-impacted and generationally disinvested neighborhoods,” said Mayor Cara Spencer. “We must also be clear that the Rams funds by themselves are not enough to fully address any of these issues. We have to use each dollar in ways that leverage additional investment from the business and philanthropic communities, as well as state and federal governments. This plan sets out to do exactly that.”The bill will be introduced by President Green on Friday, May 15.”I see this bill as an opportunity to bridge long-standing divides in our city through targeted investments, and I want residents to know that we don’t see this as a first or last step—it’s just one of many next steps we need to take to rebuild our city,” said President Green.The total appropriation is divided into three key funds, each designed for high-impact, catalytic results.1. Tornado Recovery & North St. Louis: $110 MillionThis fund supports both recovery and revitalization, investing in housing and neighborhood stability for long-term community resilience. Tornado Housing and Neighborhood Stabilization ($70M): Dedicated to home repair, housing preservation and production with a focus on CDCs, emergency FEMA/State ineligible demolition, sidewalk repairs and tree removal. Tornado Resident Support & Rehousing ($5M): Provides critical rental and deposit assistance, non-profit case management and direct goods to aid residents’ recovery. Program Delivery & Administration ($4M): Ensures proper fiscal compliance, systems and staffing to effectively manage the large-scale tornado recovery effort. North St. Louis Neighborhood Plan Implementation Fund ($31M): Funds the implementation of Neighborhood Plans adopted by the Planning Commission, including supporting housing accessibility, land assemblage, site preparation and small business funding.Critically, this board bill represents the next phase of the City’s recovery strategy, following the initial targeted appropriations. The $110 million for North St. Louis Rebuilding scales and creates the long-term strategy from the original $30 million for recovery efforts appropriated in BB31 (2025), the $3.4 million for winter shelter for unhoused and displaced 

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