DataDriven

ResultsNOLA

Data on City priorities and objectives

New Orleans Redevelopment Authority

Amount of NORA investment in land subsidies

Result area:4
Objective:4-2
Strategy:4-2-5
This measure:Amount of NORA investment in land subsidies
Management Statistic
$337,725  
 
 

Why is this measure important?

NORA's land subsidies contributes to stabilizing targeted neighborhoods and increase affordable housing opportunities.

Definitions of key terms

Land Subsidies: Amount off the value of a NORA property that is being deferred from the purchase price if the property is sold to a developer for the development of a new affordable housing unit or if the property is sold to an adjacent homeowner for a landscape improvement project.

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Totals for 2018

Q1 Q2 Q3 Q4
168200 dollars 169525 dollars

Historical trend