Rental Housing Projects

11 Projects Supported by $21M City Subsidy (HOME and CDBG Funds)

Project Name	Total Number of Units	Number of Affordable Units	Total Development Cost	CNO Subsidy	STATUS
Grove Place, LLC	32	32	$14,528,866	$4,800,000	Completed
1300 OCH	100	51	$38,928,147	$4,500,000	Completed
Sacred Heart Apt	109	109	$1,223,353	$1,223,353	Completed
IRIS Riverbend HANO	52	52	$14,173,261	$7,190,000	Under Construction
Winn Dixie Phase II	45	35	$26,544,161	$4,200,000	Under Construction
St. Claude Gardens Phase II (L9 II)	39	39	$10,129,511	$3,386,000	Completed

Project Name	Project Address	Number of Affordable Units	Total Development Cost	Total CNO Subsidy	From GAP NOFA
Lafitte Phase VII	Scattered Site/Tremé Neighborhood	51	$28,190,422	$6,690,000	$5,190,000
IRIS Riverbend HANO	Scattered Site/ Riverbend Uptown Neighborhood	52	$14,173,261	$7,190,000	$3,000,000
Canal Cross Senior Apartments	2640 Canal St. New Orleans, LA 70119	42	$19,769,145	$6,000,000	$4,500,000
Winn-Dixie Phase II	1431 St. Louis Street New Orleans, LA 70112	35	$26,544,161	$4,200,000	$3,525,000
NSA Eastbank	4400 Dauphine St, 70116	294	$166,057,040	$2,500,000
BW Cooper	3401 Erato Street, New Orleans, LA 70125	103	$37,294,080	$4,065,000	$1,565,000
Grove Place Phase II	Scattered Site Hollygrove	36	$19,179,512	$2,000,000	$2,000,000
Louisiana Avenue Firehouse	2312-14 Louisiana Avenue, New Orleans, LA 70119/ Central City	4	$4,717,407	$600,000