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featured innovator

Andreanecia Morris

HousingNOLA

New Orleans, Louisiana

Own the Crescent Relaunch/ Housing for All Action Plan

Summary

New Orleans is at a crossroads between a more equitable future or a path that perpetuates histories of racial injustice. HousingNOLA is committed to building opportunities and wealth for native New Orleanians and guaranteeing housing for all.

Description

HousingNOLA proposes to help first time homeowners secure homes that can build generational wealth and help existing property owners who have not been able to access the capital necessary to turn an inheritance or investment property into opportunity. The Own the Crescent (OTC) Program provides financing for purchasing or rehabbing homes built to practical and sustainable energy efficiency standards & serves as a model for future development of underutilized properties. With the expansion of the (OTC) Program HousingNOLA will address needs by creating rental units & landlords who will value their tenancy. The program will also assist a community of largely African American property owners who cannot borrow, or access capital to activate their investment program.

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