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Louisiana Housing Corporation Tackles Rent Stress with $129.5 Million in New Construction and Rehabilitation
The Louisiana Housing Corporation (LHC) board of directors awarded $12.1 million in funding Wednesday to finance the construction and rehabilitation of 952 housing units of affordable housing. The $129.5 million in total development costs is powered by LHC’s issuance of $12.1 million in tax credits which generated $117 million in private funding.
Mayor Landrieu Announces Working Group to Address City’s Long-Term Infrastructure Needs
Mayor Mitch Landrieu joined City leaders, residents and subject matter experts to announce a working group to help find solutions to the City of New Orleans’ long-term infrastructure needs. Established by Executive Order by Mayor Landrieu, the Fix My Streets Financing Working Group has been charged with developing recommendations about how the City can pay for interior street repairs.
Commissioner Donelon Reminds Policyholders of Approaching Deadline to Claim Property Insurance Rebate
Insurance Commissioner Jim Donelon reports ongoing progress in the shift of policies to the private market from the state’s insurer of last resort, Louisiana Citizens Property Insurance Corporation (Citizens). At the same time, he is also reminding property insurance policyholders that the deadline to claim a rebate for the Citizens Assessment charged on their 2011 insurance policies is December 31, 2015.
New Orleans’ Affordable Housing Options Increase with The Deaconess Apartments
Dignitaries, developers, and residents celebrated the grand opening today of The Deaconess apartments at 2535 Esplanade Avenue in New Orleans. Formerly the Bethany Nursing Home, the renovated, 40-unit complex was awarded a $400,000 Affordable Housing Program (AHP) grant in 2014 from First NBC Bank and the Federal Home Loan Bank of Dallas (FHLB Dallas).
Isaac CDBG Homeowner Rehabilitation Program Floodplains and Wetlands Notice Early Public Review Notice
This shall serve as notice that St. John the Baptist Parish has conducted an evaluation as required by Executive Order 11988 and 11990, in accordance with HUD regulations located at 24 CFR 55.20, Subpart C- Procedures for Making Determinations on Floodplain Management and Protection of Wetlands, to determine the potential affects that the St. John the Baptist Isaac CDBG Homeowner Rehabilitation Program may have on floodplains and wetlands located with St. John the Baptist Parish.
Monthly Online Auction for Adjudicated Properties on Wednesday
The City of New Orleans will host its fourth in a series of online monthly auctions for adjudicated properties on Wednesday, Oct. 7, 2015, from 8 a.m. to 8 p.m., subject to a rolling close in the case of last-minute competitive bidding. The City is scheduled to sell about 100 properties throughout the community, where winning bidders will receive full ownership and title insurance for each property. The City also reminds residents that there are over 1,000 properties still available for deposit to begin the research and notification processes before an auction may be scheduled.
Precautionary Boil Water Advisory Cancelled for Eastbank of New Orleans
The Sewerage & Water Board of New Orleans (S&WB), in consultation with the state Department of Health and Hospitals (DHH), has cancelled the precautionary boil water advisory for residents and businesses on the Eastbank of New Orleans after bacteriological tests confirmed that water in the area is safe to drink and can be used normally for personal needs
Louisiana Housing Corporation Announces Board Election of Chairman and Vice Chairman; Re-appointment of Members
The Louisiana Housing Corporation (LHC) announced today that Mayson Foster has been elected to his second term as chairman of the corporation’s board of directors, and Malcom Young, Jr., CAE, RCE has been elected vice-chairman
City of New Orleans Begins Glass Recycling in the French Quarter and Downtown Development...
Tomorrow, Thursday, Sept. 24, 2015, the City of New Orleans will begin glass recycling in the French Quarter and the Downtown Development District (DDD). Empire Services, the City’s collection contractor in these areas, will begin collecting glass on Thursday of each week from properties eligible to receive sanitation services from the City. Eligible residents and small businesses can utilize blue or black bins with the imprinted recycling logo.
Water Outage Scheduled for Reserve, Garyville, & Mount Airy Monday Night
Beginning at 10:00 p.m. tonight, the St. John the Baptist Parish Utilities Department will shut off water pressure to water customers located in Water District #1 (Reserve, Garyville and Mount Airy), and begin making repairs to a main water line. Water pressure is expected to be restored within 6 to 8 hours.
City Updates 2015 Hazard Mitigation Plan
The City of New Orleans is in the process of updating its Hazard Mitigation Plan, which provides a detailed overview of the risks that the City faces from hurricanes and other storms events, chemical spills, etc., as well as outlines the strategies to reduce the effects of those hazards on people and property. Through implementation, New Orleans will improve its ability to cope with hazards and emerge as a more resilient community—both during and outside of crisis.
Bishop: Obama Administration’s Regulatory Agenda will Result in Virtual Moratorium on Gulf Offshore Energy...
The House Committee on Natural Resources held an oversight hearing in New Orleans, LA, on the current state of offshore oil and gas activity in the Gulf of Mexico. The panel received testimony from U.S. Senators David Vitter (R-LA) and Bill Cassidy (R-LA), industry representatives, and the U.S. Department of the Interior’s (DOI) Bureau of Safety and Environmental Enforcement (BSEE)
City Announces Glass Recycling in the French Quarter and Downtown Development District
The City of New Orleans announced it will begin glass recycling in the French Quarter and the Downtown Development District (DDD) on Thursday, Sept. 24, 2015. Empire Services, the City’s collection contractor in these areas, will begin collecting glass on Thursday of each week from properties eligible to receive sanitation services from the City. Eligible residents and small businesses can utilize blue or black bins with the imprinted recycling logo.
City to Auction Four Properties This Friday
This Friday, Sept. 11, 2015, the City of New Orleans will auction four City-owned properties in the City Hall Council Chambers at 10 a.m. The Department of Property Management through the Division of Real Estate and Records will conduct the auction. Registration begins at 9 a.m
Mayor Landrieu Signs Ordinance to Promote Development of More Affordable Housing in New Orleans
Mayor Mitch Landrieu has signed into law an ordinance to amend the City’s Comprehensive Zoning Ordinance (CZO) to promote development of more affordable housing in New Orleans. Under this CZO amendment for zoning districts that permit multifamily dwellings, developers are now allowed to build denser residential developments as long as a portion of units are committed to housing residents whose income falls below certain levels based upon the Area Median Income (AMI).