Reasonably priced housing advocates in New Orleans are divided over a $45M housing bond on upcoming poll
KEY TAKEAWAYS: $45M reasonably priced housing bond proposed alongside $510M citywide bonds. Debate over whether or not bond enhances or replaces Housing Belief Fund. Bond meant to fund bigger multifamily developments and hole financing. Housing Belief Fund continues with 2%…
Development begins on $19M Hollygrove reasonably priced housing growth
Take heed to this text Key takeaways: Grove Place II is a $19M challenge including 36 reasonably priced houses in Hollygrove. The event consists of historic renovations and new sustainable housing. Funded by way of LIHTC, historic tax credit, and…
Federal grant funding freeze hits New Orleans reasonably priced housing, local weather jobs initiatives
Hearken to this text New Orleans for-profit group Xavior Estates LLC has a enterprise mannequin of shopping for houses within the metropolis, together with some blighted properties, renovating them and providing them for hire for lower than market worth to low-income…
Blighted former almshouse in Algiers to be reworked into new inexpensive senior housing group
Take heed to this text A historic, long-blighted almshouse in Algiers can be reworked into a brand new, inexpensive senior housing group. HRI Communities (HRIC) introduced January 30 that it has closed on the $6 million of financing from the Metropolis…