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…
Archdiocese of New Orleans seeking to separate from invaluable housing company Christopher Houses
The Archdiocese of New Orleans is seeking to half methods with a number of unbiased residing residences amid its ongoing chapter case involving clergy intercourse abuse. Archbishop Gregory Aymond issued a press release Thursday saying that the archdiocese is having…
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…
Economists’ 2025 housing market forecasts largely name for mortgage charges to remain above 6% subsequent yr
Take heed to this text Residence customers hoping for extra engaging mortgage charges subsequent yr could also be upset. That’s the takeaway from a number of economists’ 2025 housing forecasts, most launched over the previous couple of weeks. A lot…
UNO to host seminar on New Orleans metro housing challenges
Take heed to this text The College of New Orleans Institute for Financial Improvement & Actual Property Analysis will host a seminar on the Economics of the New Orleans Metro Housing Disaster. The seminar will happen from 10 a.m. to…