Investing

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 […]

KB Home says it plans no future investments in Louisiana

KB Home, the Los Angeles builder that became the first national homebuilder to enter the metro area after Katrina, said today that it will not make any future investment in the state. The company will complete the housing projects it already has underway within about seven months.

Commercial Real Estate Symposium – New Orleans, Nov. 16

The Louisiana CCIM Chapter, in partnership with Louisiana REALTORS, will present its annual Commercial Real Estate Symposium on Friday, November 16 at 8:00 am at the Pan American Conference Center in New Orleans.

Reserve Fund Announced That Could Spur $100 Million in Home Renovations in New Orleans

Freddie Mac, City of New Orleans, LHFA Invest $4.5 Million
NEW ORLEANS, Oct. 22 /PRNewswire-FirstCall/ — Freddie Mac (NYSE: FRE), in collaboration with the Louisiana Housing Finance Agency (LHFA) and the City of New Orleans, is establishing a $4.5 million home renovation reserve fund to help remove obstacles to renovating hurricane-damaged homes.