Affordable Housing

August 25, 2008

  • GNO Fair Housing Director to Address Democratic Convention

    On Tuesday, August 26th at 1:00 p.m. PST in Denver, Colorado, Greater New Orleans Fair Housing Action Center (GNOFHAC) Executive Director James Perry will address Democratic National Convention attendees. Perry will discuss the need for the federal government to recommit itself to Gulf Coast recovery. The roundtable will be moderated by Ted Koppel, [...]

July 24, 2008

  • Tax Relief for Louisiana Road Home recipients in Pending Housing Rescue Bill

    By Bruce Alpert
    Tee Times-Picayune
    WASHINGTON — Mortgage help for homeowners nationwide and tax relief for some Louisiana Road Home recipients sailed through the House on Wednesday after President Bush lifted his veto threat.
    The tax relief in the giant housing rescue bill is expected to win Senate approval this week and be signed into law soon.
    The bill [...]

May 15, 2008

  • Faith-based groups to launch $4.5 million in affordable housing assistance programs today

    by Rebecca Mowbray, The Times-Picayune
    Thursday May 15, 2008, 10:50 AM
    A diverse group of faith-based organizations has raised $4.5 million to create two new disaster relief funds that will help affordable housing projects close financing gaps and help small businesses get back on their feet.
    The Isaiah Funds, a project of Catholic, Jewish, Mennonite and Baptist institutions, [...]

April 9, 2008

March 22, 2008

  • St. Tammany Parish to Create Community Land Trust

    St. Tammany Parish business leaders are moving forward with a plan to build affordable housing for workers such as police officers and nursing assistants who are increasingly priced out of the post-Katrina real estate market.
    The plan would establish what is known as a community land trust, with a nonprofit group owning land that it leases [...]

March 19, 2008

  • Kenner Housing Authority Opened Section 8 Waiting List

    Crowds brave storm, lines for housing help
    by Mary Sparacello, The Times-Picayune
    Wednesday March 19, 2008, 8:05 PM

    Photo by Donald Stout/The Times-Picayune
    Literally thousands of people were lined up at the Kenner Housing Authority office Wednesday waiting to sign up for Section 8 housing vouchers.
    Dramatic evidence of the post-Katrina shortage of affordable housing was on view Wednesday in [...]

March 13, 2008

  • Louisiana Housing Trust Fund Guidelines Released

    The Housing Trust Fund Guidelines as well as a Notice of Intent have been placed on the LHFA website at the following link: www.lhfa.state.la.us/programs/housingtrustfund/housingTrust.php.
    The Louisiana Housing Trust Fund was enacted in June 2003 during the Regular Legislative Session. The fund, which will be administered by the Louisiana Housing Finance Agency (LHFA), will create affordable housing [...]

March 7, 2008

  • Partnership to build houses in Central City

    by Kate Moran, The Times-Picayune
    Friday March 07, 2008, 2:04 PMBy Kate Moran
    Business writer
    Comprehensive Central City Initiative, a partnership that includes faith-based groups, private developers and a major local bank, plans to build 178 houses that will be leased to low-income renters who will be encouraged to buy the property one day.
    "We've been trying to address [...]

March 4, 2008

  • LRA assumes responsibility for Louisiana Cottages

    BATON ROUGE, La. (February 29, 2008) - The Louisiana Recovery Authority (LRA) will assume responsibility for administrating the state's $74.5 million Louisiana Cottages program, as part of ongoing efforts to streamline the state's recovery from Hurricanes Katrina and Rita.
    "We must move quickly to build these cottages, which will offer safe housing alternatives for residents who [...]

February 26, 2008

  • Barnes & Noble Chair Commits $20 million for Housing in New Orleans

    The chairman of the U.S.'s largest bookseller, New Orleans officials and other recovery leaders participated in a ceremonial groundbreaking for a $20 million housing initiative. Barnes & Noble Chairman Leonard Riggio is funding the expansive project to build new houses for residents displaced by the storm 2 1/2 years ago, focusing on the Gentilly [...]

January 17, 2008

  • Recovery Corps Suspends Household Establishment Funds

    BATON ROUGE, La. - The Louisiana Family Recovery Corps has suspended its Community-Based Household Establishment Funds, or HEF, program after the funds allocated for the program were fully expended and the nonprofit served more than 4,000 families, 74 percent more than originally expected.After receiving an appropriation from the Louisiana Legislature in 2007, the Recovery Corps [...]

January 4, 2008

  • Road Home Homebuyers' Subsidy Hits Snag

    by The Times-Picayune
    Friday January 04, 2008, 1:01 PMBy David Hammer
    An effort to move $75 million out of what was called an "undersubscribed" rental recovery program and into a subsidy to promote homeownership derailed Friday when questions arose as to whether the assistance to landlords had run its course.
    The Louisiana Recovery Authority's housing task force entered [...]

December 25, 2007

  • New York Times cites LRA in Editorial on Best Practices for Restoring Affordable Housing

    The Right Answer in New Orleans
    New York Times
    December 25, 2007
    New Orleans will never recover economically unless it attracts a work force large enough to drive the industries upon which the city has historically depended for its livelihood. Low-wage workers, in particular, are unlikely to return until the tens of thousands of rental houses and apartments [...]

November 7, 2007

  • Katrina Cottage Construction to Begin this Month

    Construction of Louisiana's first Hurricane Katrina cottages will begin this month at the New Orleans headquarters of the National Guard, nearly a year after the state received federal funds to build them, Gov. Kathleen Blanco said.
    Blanco's schedule for the cottages is in line with previous statements from Milton Bailey, head of the Louisiana Housing Finance [...]

October 18, 2007

  • New Program Offers One-time Assistance for Rent, Furniture and Appliances

    The Recovery Corps' Household Establishment Fund (HEF) program offers residents who were impacted by Hurricanes Katrina and Rita currently living in Calcasieu, Cameron, Jefferson or Orleans parish one-time assistance for rental deposits and payments, utility deposits and the purchase of furniture or appliances such as a bed, stove, washer, dryer and/or refrigerator. Beginning October 15, [...]

October 15, 2007

  • Cypress Realty Partners to Develop Katrina Cottages for LHFA

    BATON ROUGE – Cypress Realty Partners (CRP) is pleased to announce that today it has delivered a signed contract to the Louisiana Housing Finance Agency (LHFA) to serve as the developer of hundreds of permanent homes that will be built in several communities across the state through FEMA’s Alternative Housing Pilot Program (AHPP).
    “Today Cypress Realty [...]

October 13, 2007

  • Housing Market Was 2006's Top Business Story - Realty Times

    Housing Market Was 2006's Top Business Story
    Realty Times, TX - 7 hours ago
    Mortgage interest rates remained affordable in 2006, rarely getting near the 7 percent some experts predicted. The holidays proved consumers are still …

    Source: [Link]

  • Home Sales Still Sizzle, But Homebuyers Exhibit Wisdom - Realty Times

    Home Sales Still Sizzle, But Homebuyers Exhibit Wisdom
    Realty Times, TX - 7 hours ago
    As interest rates rise, homebuyers are continuing to buy, and they're more likely to choose a fixed rate loan and a more affordable home than to stretch …

    Source: [Link]

  • The Supportive Housing Boom - Affordable Housing Finance

    The Supportive Housing Boom
    Affordable Housing Finance, CA -Oct 10, 2007
    BY BENDIX ANDERSON BROOKLYN, NY—A developer here is doing something smart: Adding supportive-housing units to an affordable housing property. …

    More: continued here

  • New Orleans unveils scaled-back rebuilding plan - CNN International

    CNN International

    New Orleans unveils scaled-back rebuilding plan
    CNN International -19 hours ago
    Blakely said his plan includes priorities identified by neighborhood residents, such as affordable housing in the Lower 9th and parks in eastern New Orleans …

    More: continued here

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