Read the full article at https://bizneworleans.com/nora-annual-report-showcases-housing-developments/

NORA Annual Report Showcases Housing Developments

 

 

NEW ORLEANS – The New Orleans Redevelopment Authority (NORA) released its 2024 Annual Report, showcasing a year of transformative work rooted in innovation and community impact. The report highlights NORA’s ambitious initiatives to build affordable housing, enhance neighborhood corridors, and strengthen the city’s neighborhoods through strategic public-private partnerships.

“At NORA, we believe innovation is key to unlocking new opportunities for our residents,” said Brenda M. Breaux, Executive Director of NORA. “From creating new pathways to financially sustainable homeownership to reimagining early childhood education access, our work is about investing in people and places that shape the future of New Orleans.”

Key highlights from the 2024 report include an owner-occupied duplex program, a Lower Ninth Ward retail opportunity study, the redevelopment of a long-vacant firehouse, investments in early childhood education facilities, transformation of the Six-Flags site, and affordable housing in the Seventh Ward.

Launch of the “Double Up!” Housing Program

NORA introduced this groundbreaking initiative to bring back the owner-occupied duplex—a cornerstone of New Orleans’ housing tradition. The program will develop four new duplex models across Central City, Gentilly, and Hoffman Triangle, offering affordable homeownership opportunities that also allow residents to generate rental income.

NORA offered developers the opportunity to acquire vacant lots at significantly reduced prices in exchange for commitments to sell completed homes to buyers with income at or below 80% or 140% of Area Median Income.

$3.875M Investment in Early Childhood Education Facilities

In partnership with Agenda for Children, NORA awarded grants to new centers like Inquisitive Thinkers and Wilcox Academy. These investments, funded funded with $3.875 million by the voter-approved Early Childhood Education property tax millage, will expand access to affordable, high-quality childcare while revitalizing commercial corridors.

The 2025 study by Nobel Laureate economist James Heckman called “Early Childhood Development: Reduce Deficits, Strengthen the Economy” found that every dollar invested in high-quality early childhood programs yields a return of $7 to $13 in economic benefits over time, through improved education, health, and employment outcomes.

Redevelopment of the Historic Louisiana Avenue Firehouse

Under a new framework with the City of New Orleans, NORA is redeveloping the long-vacant Historic Louisiana Avenue Firehouse property to a mixed-use site featuring a new early learning center and seven permanently affordable apartments, serving as a model for future city-owned property transformations.

The Firehouse project serves as a landmark achievement, representing the first project undertaken under the newly established Redevelopment Framework between NORA and the City of New Orleans.

Advancing Commercial Corridor Growth

NORA partnered with &Access to conduct a retail opportunity study in the Lower Ninth Ward, paving the way for new business development along the St. Claude Avenue corridor. These efforts are aimed at driving equitable economic growth in underserved areas.

The Washington, D.C., retail strategy firm, &Access, specializes in equitable economic development and community-centered retail planning. NORA has partnered with &Access to conduct the retail opportunity study focused on revitalizing the St. Claude Avenue corridor to identify viable opportunities to establish a full-service grocery store to address the area’s longstanding challenges with food access and economic disinvestment.

Major Neighborhood Development Projects Underway

Work began at the former Six Flags site in New Orleans East, in preparation for its redevelopment into a creative production hub.

Additionally, the St. Bernard Circle project, which opened in April, added 51 affordable housing units and two neighborhood commercial spaces to the Seventh Ward. The $22 million mixed-use, mixed-income development, is a four-story, 56,000-square-foot building with 40 units designated as affordable housing for families earning at or below 60% of the area median income.

“NORA continues to be a visionary force in shaping the future of New Orleans,” said Adam Stumpf, Chairman of NORA’s board. “Their commitment to equitable development—whether through affordable housing, early childhood education, or commercial revitalization—demonstrates how public investment and community partnerships can build thriving, resilient neighborhoods.”

The full 2024 Annual Report is available for download at NORAWorks.

About New Orleans Redevelopment Authority

The New Orleans Redevelopment Authority is a catalyst for community redevelopment, working to stimulate investment, support economic development, and promote an equitable and sustainable future for the city. NORA collaborates with public and private partners to implement innovative strategies that enhance the quality of life for residents and businesses.

FOR IMMEDIATE RELEASE 
May 28, 2025 
 
New Orleans Redevelopment Authority to Auction 100± Properties  
In Citywide Online Auction 
 
The auction is open to the public.  Anyone can register to bid on the properties. 

NEW ORLEANS, LA - The New Orleans Redevelopment Authority (NORA) is conducting another ONLINE auction of 100± residential lots located citywide. Bidding for this auction will begin on Tuesday, June 17, 2025, at 8:00 a.m. and end between 12:00 p.m. and 6:00 p.m. on Wednesday, June 18, 2025.  

The properties will sell “AS-IS, WHERE-IS” to the highest bidder. Properties are subject to a minimum bid price of $4,000 per property. There will be a Buyers’ Seminar on Thursday, June 5, 2025, at 5:30 p.m. This event will be done virtually. Look for further instructions as the event date approaches.

“As with our previous auctions, we are continuing to receive hundreds of inquiries. We are excited to make available this next pool of properties through this online auction event,” stated Brenda M.  Breaux, NORA’s Executive Director.

Within 18 months from the day of Closing, winning bidders are required to complete construction of the property as a residence, or for any property that has a Non-Housing Development Option, they may complete non-housing development of the property as is permitted by and in accordance with the New Orleans Comprehensive Zoning Ordinance (CZO) Home - Comprehensive Zoning Ordinance - City of New Orleans. Buyers are required to maintain the property in accordance with the City of New Orleans’ Code of Ordinances. The requirement to maintain the property begins immediately after closing through completion of the development or construction.  Bidders may use the property for green space if their property is directly adjacent to the property acquired at the auction.

For more information and to register, please visit www.hilcorealestatesales.com/NORA or contact Fernando Palacios at (504) 500-1891.

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The New Orleans Redevelopment Authority is a catalyst for the revitalization of the city, partnering in strategic developments that celebrate the city’s neighborhoods and honor its traditions.

Read the article on Biz New Orleans here

April 24, 2025 | Biz New Orleans

NEW ORLEANS (press release) – The New Orleans Redevelopment Authority along with Co Developers, HRI Communities, LLC (“HRIC”) and New Orleans Restoration Properties (“NORP”), are proud to announce the grand opening of the St. Bernard Circle Apartments, a new mixed-use, mixed-income, sustainable, residential community located at 1431 St. Bernard Avenue across from the historic Circle Food Store in New Orleans’ storied 7th Ward. A ribbon cutting took place today with remarks from public and private partners and community dignitaries including New Orleans Director of Housing Policy, Community and Workforce Development Tyra Johnson Brown, and NORA Executive Director Brenda M. Breaux. With construction led by Landis Construction Co., LLC, the event marks the official opening of the building that is already a cornerstone of ongoing revitalization in the area.

The St. Bernard Circle Apartments, a transformative $22 million development, features a four-story building with 56,000 total square feet of residential and ground floor retail space. Of the 51 mixed-income units, 40 apartments are reserved for families earning at or below 60% of the area median income (AMI), with 16 of those units fulfilling the one-for-one replacement unit requirement of the HUD Iberville/Tremé Choice Neighborhoods Initiative Grant.

“The opening of St. Bernard Apartments marks a monumental step forward in our continued efforts to provide safe, affordable housing for all New Orleanians,” said Mayor LaToya Cantrell. “This project not only addresses the pressing need for affordable housing but also strengthens our communities, creates new opportunities for local businesses, and preserves the rich culture and heritage of the 7th Ward. I’m proud to see this development come to life, and I look forward to seeing the positive impact it will have on our residents and our city for generations to come.”

Designed with an emphasis on sustainability and disaster resilience, the St. Bernard Circle development is built for certification under Enterprise Green Communities, Energy Star and FORTIFIED Multifamily Gold standards. Amenities include a fitness center, community room, community park and performance stage fronting North Robertson Street, secure off-street parking, bike parking, and in-unit washers, dryers, and dishwashers.

Development of the St. Bernard Circle site was first envisioned by the New Orleans Redevelopment Authority (“NORA”) as an extension of its long-term work in the area, including affordable homeownership, small business support, and façade improvements. NORA acquired a cluster of long vacant properties, including the St. Bernard Circle site, from a private owner in order to develop a community-centered anchor featuring new opportunities for affordable housing and small businesses.

“We are proud to mark completion of the St. Bernard Circle Apartments, a project that addresses critical needs to provide affordable housing and opportunities for local minority-owned small businesses, reflects the rich architectural and cultural heritage of the neighborhood, and embraces resilience and sustainability for the future,” stated Brenda M. Breaux, Executive Director of the New Orleans Redevelopment Authority. “This is only the beginning. We look forward to future phases of development that will deliver more affordable housing and commerce to the neighborhood.”

NORA conducted extensive community engagement which ultimately led to the selection of HRIC and NORP as developers to lease the property and create new, mixed-use reinvestment in the community. “We are thrilled to officially open the St. Bernard Circle Apartments and welcome our first residents,” said Josh Collen, President of HRI Communities. “This project represents not just quality mixed-income housing that furthers our dedication to the HUD Choice Neighborhoods Initiative, but is also a significant step toward revitalizing the St. Bernard Avenue corridor. We are committed to creating a community that prioritizes resilience, sustainability, and celebrates the unique culture of the 7th Ward.”

“NORP is proud to serve as development partner with HRI and NORA in advancing the St. Bernard Circle project, one of the final essential pieces of the Choice Neighborhoods Initiative (CNI) in the 7th Ward,” said Managing Member Paul Irons. “This partnership reflects our deep commitment to equitable redevelopment that embodies the voices and aspirations of the local community. St. Bernard Circle will provide high-quality housing and help revitalize a historic neighborhood with inclusive, place-based strategies that promote long-term resilience and economic opportunity. At NORP, we believe development is most impactful when it is community-driven, and we are honored to be a part of this vital collaboration that embodies this philosophy.”

“The opening of St. Bernard Circle Apartments is a proud moment for the 7th Ward and the entire city. This development brings affordable housing, supports minority-owned businesses, and reflects the resilience and culture that make New Orleans unique. Projects like this move us closer to the equitable future our communities deserve,” said Councilman Freddie King III, District C.

“In October 2023, we joined together at this site to break ground for the St. Bernard Circle Apartments; now, 18 months later, we are here to open the doors to the local 7th ward community,” said Council President JP Morrell. “What was once a vacant lot is now a developed site with 51 total units, 40 affordable housing units, 2 retail spaces for local businesses, and sustainable design features. The St. Bernard Circle Apartments are a leading example of what community-focused development looks like in the city of New Orleans. The positive impact this will have on our residents and city for generations ahead is something I truly look forward to.”

“I’m proud of this development, it’s a true example of what can happen when strong public and private partners work together for the good of the community,” said Marjorianna Willman, Executive Director of the Housing Authority of New Orleans.

The ribbon cutting marked the inclusion of two ground-floor retail spaces totaling 1,800 square feet, dedicated to local, minority-owned businesses. Gr8ful Events, an event management company founded by New Orleans native, Marsha McGee, will open an event space designed for elevated and intimate corporate and non-corporate gatherings. “As someone who was born and raised in this community, it is truly an honor for me to be part of the revitalization of the Claiborne Corridor at St. Bernard Ave. Being involved in this development is not just a professional achievement, but a personal one as well. I am committed to bring business into the community that ensures that the spirit and culture of the neighborhood is nurtured and preserved. I am truly Gr8ful for this opportunity,” said McGee.

Vince Craige, a local New Orleans screen print artist and entrepreneur will occupy the second retail space with Nola by Nature, an authentic lifestyle, clothing and products brand for Nola-Native and Nola-Inspired individuals to live in a naturally creative and positive way every day. The retail and gallery space will offer screen printing and DTF, embroidery and creative services. “This opportunity feels like winning the lottery—surreal, deeply nostalgic, and filled with purpose. As someone from Algiers who often envisioned being rooted on the Eastbank, having my name on a new building meant to preserve local culture feels like both a powerful manifestation and a spiritual rebirth. It’s more than just a financial blessing—it’s a chance to honor my roots, uplift my community, and be part of something truly transformative,” said Craige.

The development showcases local art and cultural elements, including a custom fabricated metal arch created by local artist and blacksmith, Daryl Reeves, and a wall at the park area designed to be the canvas for a community mural, which will be unveiled at a later date. This St. Bernard Avenue mural project is led by HRIC, NORP and Ujamaa Economic Development Corporation (“Ujamaa”) and will feature the work of one or more local artists honoring the historic culture and traditions of the neighborhood. Ujamaa is an organization focused on equitable redevelopment of the Claiborne Corridor and adjacent communities with a commitment to cultural preservation, economic opportunity, housing affordability, environmental sustainability, and safe and healthy neighborhoods.

“To see this project move from inception, perform community engagement initiatives during and beyond COVID, and now, be ready to open with a FORTIFIED Gold Star, is better than a dream come true,” said Ujamaa Executive Director, Nyree Ramsey. Ujamaa arranged for Corey Henry & the Tremé Brass Band, CID Artist-in-Residence, Sunni Patterson, and Big Chief Darryl Montana of the Yellow Pocahontas “Hunters” Black masking Indian Tribe to be a part of the St. Bernard Circle Apartments ribbon cutting.

The project was made possible through the collaboration with multiple public and private stakeholders and financial partners, each of which has actively participated in delivering the St. Bernard Circle Apartments through investments including a Ford Foundation grant, administered by NORA; $6,000,000 of HOME and GO Bond funds provided by the City of New Orleans; a reservation of 9% Federal Low Income Housing Tax Credits from the Louisiana Housing Corporation; rental assistance provided by the Housing Authority of New Orleans. Additionally, the Finance Authority of New Orleans served as the issuer of a PILOT property tax abatement; Hudson Housing Capital LLC served as the federal tax credit equity syndicator; Capital One Bank, N.A. served as the tax credit investor and construction loan lender; and Hope Credit Union served as the permanent first mortgage lender.

“We are making housing dreams come true for those who never thought it was possible,” said LHC Executive Director Kevin Delahoussaye. “We are excited to repurpose this area into a tangible necessity that will serve the community and enforce our mission of providing safe, affordable, and energy-efficient housing for Louisiana residents.”

“St. Bernard Circle is an example of community partners uniting to develop a space that has the potential to transform an area. The design of the property compliments and recognizes the culture of the community, which is of critical importance to Finance New Orleans (“FNO”). FNO is pleased to support St. Bernard Circle with public resources as we believe it’s a model for the investment we need across New Orleans,” said Damon Burns, Chief Executive Officer of Finance New Orleans.

“Access to safe, quality and affordable housing can unlock pathways to greater economic and financial success among residents,” said Desiree Francis, managing vice president of Community Finance at Capital One. “As a top community development lender, Capital One is proud to have played a role in financing St. Bernard Circle Apartments, which will provide long-term, affordable units for working families, veterans, and individuals. This community demonstrates the power of public-private investment through the Low Income Housing Tax Credit program in delivering affordable housing at scale for Louisiana citizens.”

“Hope Credit Union is always delighted to celebrate affordable housing events like this one with HRI, the City of New Orleans and so many other important partners. As a community development financial institution, putting our money to work providing much needed housing for working families is part of our mission. It’s exciting to see a vision for resilient housing come together like this one,” said Phil Eide, Senior Vice President, Hope Credit Union.

For more information on leasing at St. Bernard Circle Apartments, please visit www.stbernardcircle.com.

About New Orleans Redevelopment Authority (NORA)

The New Orleans Redevelopment Authority is a catalyst for community redevelopment, working to stimulate investment, support economic development, and promote an equitable and sustainable future for the city. NORA collaborates with public and private partners to implement innovative strategies that enhance the quality of life for residents and businesses. Learn more at noraworks.org.

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Read the full article at: https://neworleanscitybusiness.com/blog/2025/04/25/st-bernard-affordable-housing-new-orleans/

Snippet: A $22 million transformative development was launched by a partnership of community leaders to open the new St. Bernard Circle Apartments. The partnership includes the New Orleans Redevelopment Authority (NORA) and co-developers, the Housing Authority of New Orleans (HANO), HRI Communities, LLC (HRIC), New Orleans Restoration Prop[...]

As the 20th anniversary of Hurricane Katrina approaches, CNBC asks “Can New Orleans Save Its Homes From Flooding Again?”

NORA Executive Director Brenda M. Breaux, interviewed alongside several community members and leaders, highlights the organization’s work to return properties to commerce in a deliberate and thoughtful manner with programs that build affordable homeownership and land acquisition opportunities for low to moderate income households while enhancing the city’s commercial corridors.

From CNBC: Twenty years ago Hurricane Katrina flooded hundreds of thousands of homes in New Orleans and killed over 1,800 people. In the aftermath, a quarter of the city's housing stock was left vacant or abandoned. The U.S. government has spent billions to rebuild homes, restore infrastructure, and fortify the levee system. But more may be needed to counteract the city’s slow decline into the sea. On top of that, parts of the federal response have been criticized for their complexity and impact on low-income homeowners. Today, the city is facing a housing crisis as homeowner insurance premiums and property taxes rise.