Rental Housing Projects

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

Project Name

Total Number of Units

Number of Affordable Units

TDC

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

4100 Bywater

136

88

$35,415,003

$4,000,000

Contract Pending 

Lafitte 2017

23

23

$11,441,972

$1,000,000

Contract Pending 

Christopher Park

204

187

$48,026,096

$4,000,000

Contract Pending 

Florida Development

312

295

$79,683,456

$1,500,000

Contract Pending 

Villere & Pauger Apartments

26

26

$2,880,870

$900,000

Contract Pending 

IRIS Riverbend HANO

82

58

 $25,318,416

$3,000,000

Contract Pending 

Baronne Lofts

20

15

$9,872,154

$3,000,000

Contract Pending 

Bald Cypress

59

59

$10,988,140

$1,500,000

Contract Pending 

Cypress Parc Senior

70

70

$16,105,064

$1,500,000

Contract Pending 

Winn Dixie Phase II

45

35

$19,356,492

$1,500,000

Contract Pending 

St. Claude Gardens Phase II (L9 II)

39

39

$10,129,511

$2,811,000

Contract Pending 

 

8 Projects Supported by over $32M City Gap Financing

Project Name

Project Address

Number of Affordable Units

TDC

Total CNO Subsidy

From GAP NOFA

4100 Bywater

4100 Royal Street / Bywater

82

$33,541,770

$12,300,000

$9,800,000

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 St. New Orleans, LA 70112

35

$26,544,161

$5,250,000

$3,525,000

The Liberty @ St Bernard

3401 Erato Street, New Orleans, LA 70125

62

$22,182,319

$3,500,000

$1,500,000

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