New Orleans Redevelopment Authority (NORA)
NORA's Build Homes initiative advances residential neighborhood development through property auctions, affordable housing development partnerships, and direct homeownership programs. NORA sells properties at 10% of appraised value to developers who commit to affordable housing construction. The Lot Next Door program and Neighborhood Stabilization Program (NSP2) have created 425+ affordable housing units in New Orleans.
NORA programs primarily target homebuyers; improvement subsidies vary by specific offering. Contact NORA for current homeowner assistance programs.
504-658-4400
Deadline: Ongoing; check noraworks.org for available properties
This is just one of many grants, rebates, and free programs available. Stack them together to maximize your savings.
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