LOT NEXT DOOR 3.0
PROPERTY SEARCH
NORA UPDATES

In the News

TP-logo

 

By Christy Lorio NOLA.com | The Times-Picayune

on March 24, 2016 at 7:00 AM, updated March 24, 2016 at 7:03 AM

 

The day Elaine Vigne bought her Gentilly Woods home she told her husband she was going shopping, but she didn't specify what she planned to buy. "He thought I went shopping to buy a dress," she said. "He was like, 'I thought you went shopping today?' I said, 'I did. I bought a house.'"

Elaine bought the property at auction on Oct. 25, 2014 through the New Orleans Redevelopment Authority. Construction began in March 2015, and the couple moved in this past December. 

She had attended a class about auctions, but a nephew's wedding in Houston kept her from attending the open house, so she bid on the property sight unseen. 

At the auction, "I put the sign up, and they said, 'Sold,' and I said, 'Oh my God!' " Elaine said. The sale price was about $17,000. "I called my best friend from high school, and I said, 'I think I just bought a house.'" 

thrillist logo

BY 

 article 1

It's about time we retired the phrase "The Brooklyn” of anywhere, right? First, because most people in the country can’t relate to New York-centric references. And second, because when it comes to gentrification and being “the next cool place,” Brooklyn is pretty much over.

But what are the next cool, mildly affordable neighborhoods just waiting to be overtaken by young creatives? Sure, there are plenty of sexy ‘hoodsbro-ish ‘hoods, and evenhipster ‘hoods, but let's be honest, they’re all pretty much played at this point. And more importantly, they're all too expensive for anyone without a trust fund or investment-banking job.

Which is why we decided to tap trendsetters, developers, and real-estate professionals -- folks with their fingers on the pulse of America's cities and towns -- for their predictions of the country's next hotspots; neighborhoods that are affordable now, but poised to blow up. From the South Bronx to Sioux Falls, here are the 12 they chose.

city press release

FOR IMMEDIATE RELEASE
1/25/2016

Contact: Hayne Rainey
For Media Inquiries Only
communications@nola.gov
(504) 658-4945

NEW ORLEANS AWARDED OVER $141 MILLION
FROM HUD'S NATIONAL DISASTER RESILIENCE COMPETITION

New Orleans award is the second largest nationally

NEW ORLEANS – Today, Mayor Mitch Landrieu was joined by Louisiana Governor John Bel Edwards and City, State and Federal officials to celebrate the City of New Orleans award of $141.3 million from the U.S. Department of Housing and Urban Development (HUD)'s National Disaster Resilience Competition (NDRC). HUD's competition is designed to help state and local communities recover from past disasters while improving their ability to withstand future extreme events through strategic community investments.

New Orleans is one of only 13 jurisdictions out of 67 eligible applicants to be awarded funding from NDRC and the award is the second largest nationally.


As a recipient of a $29.7 million grant from the Neighborhood Stabilization Program, NORA facilitated the new construction or renovation of 463 affordable homes for low-to-moderate income New Orleans families in partnership with 15 developers city-wide.

Click here to download and read the final report.

NORA NEWSLETTER ARCHIVE

S5 Box

Login

Register

*
*
*
*
*
*

Fields marked with an asterisk (*) are required.