Cao Calls for Changes in New Orleans Housing Situation
October 6, 2009 - (RealEstateRama) — Congressman Anh “Joseph” Cao (LA-2) released a statement regarding the housing crisis in New Orleans.
During his first 10 months in office, Congressman Cao has been consistently vocal on this issue.
In April, he sent a letter to U.S. Treasury Secretary, Timothy Geithner, expressing support for the re-allocation of disaster tax credits for direct funding to states awarded disaster tax credits under the GO Zone Act of 2005 and the Emergency Economic Stabilization Act of 2008.
He has also held roundtables on the state of housing and assisted local and state governments in applying for Community Disaster Loan Forgiveness.
Cao said: “On behalf of the people of New Orleans, I want to thank Secretary Shaun Donovan for his hard work, effort, and contributions at the U.S. Department of Housing and Urban Development. However, there is still much work to do. An estimated 40% of all housing in the district is abandoned, blighted or destroyed. Rental rates are at an all time high and there is a shortage of affordable housing. New Orleanian constituents are calling for changes in the structure and culture at the Housing Authority of New Orleans to better serve those in need.”
Congressman Cao co-sponsored the Turner Foreclosure Act, the Go-Zone Low-Income Housing Tax Credit Bill, and the Disaster State Housing Recovery Act of 2009.
Related posts:
- Providence Community Housing and Enterprise Commence Construction on 474 Affordable Homes for Low-Income Seniors and Families in New Orleans and Marrero
$41 Million Invested Through GO Zone Tax Credits to Rehabilitate and Build Four Apartment Complexes NEW ORLEANS, Jan. 9 /PRNewswire/ — Providence Community Housing and Enterprise today announced the investment of $41 million in Gulf Opportunity (GO) Zone low-income housing tax credit equity to renovate three senior apartment buildings and one multi-family apartment building as part of a partnership to...
- Rep. Melancon Votes to Extend Unemployment Benefits, Homebuyers’ Tax Credit
Supports Bill After Fighting to Include Louisiana’s Unemployed Workers. WASHINGTON, D.C. - November 6, 2009 - (RealEstateRama) -- U.S. Congressman Charlie Melancon (LA-03) voted today to help Louisiana families hit hardest by the recession by extending unemployment benefits, the homebuyers’ tax credit, and tax relief for military families and businesses. The Worker, Homeownership and Business Assistance Act of 2009 (H.R....
- Congresswoman Maxine Waters Holds First Housing Subcommittee Hearing in New Orleans
New Orleans, LA - August 21, 2009 - (RealEstateRama) -- Congresswoman Maxine Waters (D-CA), Chairwoman of the House Subcommittee on Housing and Community Opportunity, today held the Subcommittee’s first of two hearings assessing access to and maintenance of quality housing in New Orleans four years after Hurricane Katrina devastated the city...
- New Orleans City Council Vote Creates Opportunity to Rebuild Better Affordable Housing for Lafitte/Treme Residents
Providence Community Housing and Enterprise Help Build Community’s Vision for Lafitte NEW ORLEANS, Dec. 21 /PRNewswire/ — Yesterday, the New Orleans City Council voted unanimously in favor of proceeding with the rebuilding process of several public housing developments in New Orleans. Due to this landmark decision, Providence and Enterprise, the two non-profits redeveloping the Lafitte public housing development, will be...
Comments
No comments yet.
Leave a comment