St Paul s Inheritance Fund helps first Rondo descendant buy a home startribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from startribune.com Daily Mail and Mail on Sunday newspapers.
A young St. Paul man is the first person to buy a home using the city’s Inheritance Fund. The goal of the new program is to rebuild intergenerational wealth for the descendants of people in the historically Black Rondo neighborhood who lost their homes and businesses to Interstate 94 in the 1950s.
St. Paul Mayor Melvin Carter on Wednesday proposed keeping property taxes fairly flat for owners of median-value houses — and buying $100 million of medical debt citywide. Before a crowd of onlookers at Highland Bridge, Carter unveiled an $820.5 million budget proposal for 2024 that would increase the city’s property tax levy — the sum total of all taxes collected from property owners — by 3.7 .
When Houston’s massive Katy Freeway was further expanded to become the widest freeway in the world, drivers were in for an unfortunate surprise. Traffic increased, and rush hour travel times decreased by as much as 55 percent, evidence of a dynamic dubbed “induced demand” — more lanes just draw more drivers attracted to the possibility that bigger means both better and faster, resulting in .