NORA provides loans, up to $1 million, for the development of catalytic commercial projects that address site specific slum and blight conditions, or benefit Low to Moderate Income Areas, on commercial corridors throughout New Orleans, including portions of Gentilly Boulevard and Old Gentilly Road, St. Claude Avenue, North Claiborne Avenue in the Lower Ninth Ward, and the Livable Claiborne Communities area between Dryades Street/Oretha Castle Haley Boulevard/Rampart Street, Napoleon Avenue, Broad Street, and Florida/Elysian Fields Avenue. NORA financing is generally available for construction reimbursement up to a maximum of 5-15% of Total Development Costs. NORA financing is available for transformative projects that are catalysts for additional public and private investment and critical to neighborhood revitalization.