nora year in review 2012

7/27/2019 NORA Year in Review 2012

1/16

2012

YEAR IN REVIEWNEW ORLEANS

REDEVELOPMENT

AUTHORITY


2/16

Broadmoor DevelopmentCorporation

Neighborhood: BroadmoorAllocation: $1,700,000

Units: 29

Gulf Coast Housing PartnershipNeighborhood: Central City

Allocation: $2,183,496

Units: 73

Jericho Road

Episcopal Housing InitiativeNeighborhood: Central City

Total Allocation: $424,450

Units: 5

+ Land banking


3/16

Lower Ninth Ward

Neighborhood Empowerment

Network AssociationNeighborhood: Lower Ninth Ward


Units: 10

New Community PartnersNeighborhood: Gentilly Woods

Allocation: $750,000

Units: 5

St. Bernard ProjectNeighborhood: Gentilly


Units: 12

Harmony

Neighborhood DevelopmentNeighborhood: Central City


Units: 29

+ Land banking


4/16

Project HomecomingNeighborhood: Gentilly


Units: 22

RedmellonNeighborhood: Central City


Units: 37

Pontchartrain Park CDCNeighborhood: Pontchartrain Park


Units: 31

Project Home AgainNeighborhood: GentillyAllocation: $3,610,000

Units: 60

+ Demolition


5/16

UnityNeighborhood: Mid-City


Units: 101

VOBNeighborhood: Gentilly Woods


Units: 6

Make It RightNeighborhood: Lower Ninth Ward


Units: 48


6/16

NEIGHBORHOOD

STABILIZATION

PROGRAM 2

Administrative

$2,903,496

12%

Land bank, Demolition & Salvage

$1,120,791.99

4%

Rental Units

$9,679,784.49

31%

Land bank, Demolition & Salvage

72 Units

16%

Rental Units

239 Units

45%

Homeownership Units

$16,149,365.54

53%

Homeownership

Units

216 Units

41.6%


7/16

Ater Katrina, I bounced around severalcities including Denver, Houston and BatonRouge. Despite these moves, I never orgotNew Orleans, my home. Purchasing myfrst home was a great accomplishment andsomething I can provide to my children.

Martin Encalarde Jr.

St. Bernard Project


8/16

When I frst saw the brick and peach coloredhouse, I loved it and knew this house wouldbe mine. I claimed this house as my home.When my amily and I moved in, I had

happy tears in my eyes. Im truly thankulor everything the Lord has given me.

Lynell Valentine

Project Home Again

When I frst saw the brick and peach coloredhouse, I loved it and knew this house wouldbe mine. I claimed this house as my home.When my amily and I moved in, I had

happy tears in my eyes. Im truly thankulor everything the Lord has given me.

Lynell Valentine

Project Home Again


9/16

I was there rom the beginning. I watchedas contractors started putting pilings onthe ground. During that time, I met theneighbors and couldnt wait to move into

the Broadmoor neighborhood. Im sograteul or the opportunity to own a homein a riendly neighborhood and in a greatcommunity.

Ofcer Shumeca Chadwick

Broadmoor Development Corporation


10/16

Commercial

Revitalization

Broad ReFreshBroad ReFresh consists o the rehabilitation o a 65,000-square-oot building at 300 N Broad Street. The long vacant andblighted site will contain grocery, kitchen and ofce space.Tenants include Whole Foods, Libertys Kitchen, Tulane Medi-

cal School Teaching Kitchen, First Line Charter School ofcesand Broad Community Connections.

Gentilly Woods Mall$13 million redevelopment to turn the vacant Gentilly WoodsMall into a new WalMart Store. This project will provide over

250 construction jobs and 300 permanent jobs.


11/16

HubNOLAPart o $8 million project to renovate multiple properties in

the Broadmoor neighborhood, at the intersection o Broadstreet and Washington Avenue. This projects provides sharedwork and incubator space or social entrepreneurs and in-novators.

Myrtle Banks School Redevelopment$11.8 million project to develop a 37,000-square-oot multi-use acility which will include a grocer, retail, ofce andcommunity spaces, on historic O.C. Haley Boulevard.


12/16

2012HIGHLIGHTS

APRIL Groundbreaking or HubNOLA Formed Land Management Division

NORA participated in Community Progress LeadershipInstitute at Harvard Law School

MARCH

FEBRUARY Exceeded NSP2 spend down goal o 50%

Collaborated with CNO on integrated parcel database

Auctioned 110 properties Selected new Executive Director

JANUARY


13/16

Land Management Division ully unctional Met with New Zealand ofcials on post-disaster

redevelopment Ribbon cutting at Broadmoor housing site

AUGUST Began maintenance on all ormer Road Home

properties Hurricane Isaac Inspection Team inspects 500+

structures immediately ater storm passes Southern Food & Beverage Museum project approved Dedication ceremony or Franz building

JULY

JUNE Ribbon cutting or Gentilly Woods housing Co-sponsored National Reclaiming Vacant Properties

Conerence Broad ReFresh project approved Ribbon cutting or Project Homecoming housing site Ribbon cutting or UNITYs Rosa F. Keller building

Ribbon cutting or Harmony housing site

Online Property Search tool launched First tenants occupy AHPP Katrina Cottages

MAY


14/16

OCTOBER Announced partnership with Riggio Foundation and

Project Home Again or 100+ new homes in Gentilly Auctioned 130+ properties NFLRPA/HBA Touchdown or Homes project approved

NOVEMBER NORA Headquarters Ribbon Cutting & Open House Announced Sot Second Developer Program in

partnership with City o New Orleans PitchNOLA Lots o Progress competition

DECEMBER Led tour o Post-Katrina Redevelopment projects with

NYC Deputy Mayors & Sta NFLRPA/HBA Touchdown or Homes ground-breaking

SEPTEMBER Presented NORA post-disaster redevelopment projects

at NOLA Symposium or Japanese ofcials Awarded HUD Secretarys Award or blight reduction

program partnership with Greater New OrleansFoundation and City o New Orleans


15/16

PROGRAMCOSTS

$16,798,844

ADM

INISTRATIVECOSTS

$2,106

,844

EXPENDITURES

TOTAL: $18,905,688

In 2012, NORA invested

$14,419,554 in residential

and commercial developments.It leveraged $49,515,177

in other unds or a total

investment o$63,934,731.


16/16

The New Orleans Redevelopment Authority is acatalyst or the revitalization o the city, partneringin strategic developments that celebrate the citys

neighborhoods and honor its traditions.

1409 Oretha Castle Haley Blvd.

New Orleans, LA 70113

504 658 4400

BOARD OF COMMISSIONERS

James M. SingletonChairman

Toni Hackett-AntrumVice Chairman

Ben TillerSecretary

Amy Boyle Collins

Karl Connor

Chewy Dang Le

Ellen M. Lee

Michael Marsiglia

Rita Maria Reed

EXECUTIVE LEADERSHIP

Jeffrey P. HebertExecutive Director

Brenda M. BreauxChie Operating Ofcer

Michelle CalachinoChie Financial Ofcer

Chris GobertGeneral Counsel

Kevin R. HannaDirector o Development

David A. LessingerDirector o Planning & Strategy

Jasmine J. HaralsonDirector o External Aairs

Melissa S. LeeSenior Advisor o

Commercial Revitalization

OUR MISSION

nora year in review 2012

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