Commerce Committee hears bill to revive MODESA to spur downtown investment A public hearing on House Bill 33 95 proposed to reauthorize the Missouri Downtown Economic Stimulus Act (MODESA). Sponsor Representative Christ and a slate of business and civic leaders said the program previously attracted billions in private investment and urged adding residential development; no opposition testified and no vote was taken.

House Bill 33 95 aims to revive the Missouri Downtown Economic Stimulus Act, promising billions in private investments and thousands of jobs with no risk to the state!

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#MO #CitizenPortal #UrbanRevitalization #EconomicDevelopment #JobCreation #MissouriDowntown

Missouri committee hears bill to channel $50 million into downtown building rehab and upper‑floor housing Representative Chad Perkins told the Commerce Committee House Bill 2,531 would create a $50 million fund to rehabilitate historic and underused downtown buildings, split among very large structures, upper‑floor housing projects and other eligible residential conversions; business and civic groups urged passage.

A groundbreaking bill in Missouri aims to inject $50 million into revitalizing downtown areas, transforming historic spaces into vibrant homes and businesses.

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#MO #EconomicDevelopment #AffordableHousing #CommunityRevitalization #MissouriDowntown #CitizenPortal