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Mayor Tishaura Jones outlines tasks and names 24-member board that will ensure $517 million is invested equitably Author: Jeff Cavallin Updated: 6:12 PM CDT April 23, 2021
ST. LOUIS Mayor Tishaura Jones has appointed members for the office s Stimulus Advisory Board, which will conduct research, manage and give recommendations to ensure that American Rescue Plan funds are invested equitably.
The 24-member board will advise and assist Jones, the former city treasurer, in the distribution of $517 million in federal funds to be in line with the community s priorities and for maximum transformational impact, according to a news release.
St. Louis is expected to receive about half of the $517 million next month and the remainder next year. The city will get a significantly larger amount than surrounding jurisdictions, because the allocation of funds is based on poverty, population trends and housing availability.