Delmar Tax Relief Program
Program History
To mitigate the impact of displacement, and foster Equitable Community Development, Anti-Displacement tools and programing must be present within the Central and Delmar Corridor. To address this need, Park Central created The Stay in Place Program (SIPP) a series of anti-displacement resources/tools to assist residents to 1.) Stay in their homes and prevent residents from being displaced by providing residents the resources needed to maintain self-sufficiency. 2.) Allow current residents to participate in the revitalization process of the community through realizing the increase of their property value in their homes without the impact of tax liability detrimental to the resident.
As a tool of the SIPP program, Park Central has developed The Delmar Tax Relief Fund. The fund’s purpose is to assist residents in the Central and Delmar corridor (owner occupied homes) from losing their homes at tax sales due to back taxes and to assist with providing relief to homeowners facing rising property tax due to gentrification and drastic increases in property value, as well as to assist residents impacted by Covid-19 from becoming delinquent in property taxes. Currently there is an estimated 315 single family homeowners in the neighborhoods directly North of Delmar delinquent in property taxes.
The Fund was established in 2021 through Partnership with technical assistance from 10th Ward Alderwoman Shameem Clark-Hubbard and funding from Park Central Development, private donors, and Carrollton Bank.
Applications are now open!
Park Central is now accepting applications for tax years 2023 and 2024 to residents who reside in the Academy Sherman Park neighborhood at this time.
Property owners can receive up to $500 per year to assist with property tax assistance.
To find out what neighborhood you reside in, search your address at the following website: St. Louis City Address and Property Information Search