Foreclosure relief on its way to the St. Louis area
(KMOV) – St. Louis will soon receive federal funds to help reverse the effects of the foreclosure crisis. More than $6 million is coming to St. Louis as part of a billion dollar government plan. St. Louis County will distribute funds to local developers to acquire and rehab foreclosed homes in neighborhoods with a high concentration of foreclosures. Foreclosed properties can drive down the value
