Finance Authority of New Orleans

Contact Information

Website:	http://www.financeauthority.org
Board address:	201 Saint Charles Avenue Suite 4444 New Orleans, LA 70170 (504) 524-5533

Purpose

Finance New Orleans is a housing and development finance agency with a mission to improve the quality of life in New Orleans by investing in affordable housing and economic development programs that produce jobs and wealth for residents.

Finance New Orleans was created by the City Council of New Orleans in 1978, but operates independently of City Hall. Finance New Orleans’s seven-member Board of Trustees is also appointed by the City Council of New Orleans.

Composition

The City Council appoints seven members.

Current Composition:

 

Appointing Authority	First Name	Last Name	Term Expires
Appointed by the City Council - At-large	Andreanecia	Morris	4/7/2025
Appointed by the City Council - At-large	Gizelle	Johnson-Banks	7/1/2024
Appointed by the City Council - District A	G. Wade	Wootan	6/23/2025
Appointed by the City Council - District B	John	Milazzo, Jr.	11/3/2025
Appointed by the City Council - District C	Stephen	Smith	8/3/2016
Appointed by the City Council - District D	Edgar	Chase, IV	6/6/202
Appointed by the City Council - District E	Hunter	Thomas	2/5/2026

Term Length

Three years.

(Created by: La. R.S. 9:2341, et seq.; Trust Indenture Amend. 4 Creating the New Orleans Home Mortgage Authority)