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 |
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 |
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Historical trend