#REPOST This is because everybody is hip to the scam. This is the latest introduced by Ald John Muhammad, an attempt by the city to transfer its responsibility to maintain thousands of derelict properties to poor people, get poor people to invest in them under the guise of pursuing home ownership, then penalize or snatch the properties back when they fail to meet impossible requirements & deadlines. No gr ants or tax incentives like for white developers or white home owners in the CWE or Tower Grover Area. A set up for failure disguised as opportunity.
The city of St. Louis sold houses for $1. Only 4 have been purchased so far.
The city of St. Louis has sold just four city properties under a program launched last year that allows people to buy homes for just $1.