New Orleans, LA–The first two families have moved into homes that are part of the new Radiant Blossoms development at Saratoga Square. These quality, affordable houses were built by HOPE (Hope Enterprise Corporation/Hope Credit Union) and will make the dream of homeownership a reality for low- and moderate-income New Orleans residents. The development was made possible through HOPE’s partnership with the Louisiana Housing Finance Agency (LHFA) and are part of the U.S. Department of Housing and Urban Development’s Neighborhood Stabilization Program.
HOUSEWARMING CEREMONY
Monday, June 4
10:00 AM
1400 Block of South Rampart Street
New Orleans, LA
Tours of Furnished Model Home to Follow
Radiant Blossoms homes feature three bedrooms with two baths, fully furnished energy-efficient appliances, environmentally friendly building materials and methods, and security systems. The project is located in the heart of the historic Central City neighborhood close to the Central Business District. It offers residents convenient access to important city services including transit routes, police and fire stations, and quality schools.
SCHEDULED SPEAKERS
Alan Branson, Chief Operating Officer – HOPE
The Very Reverend David duPlantier, Dean – Christ Church Cathedral
Jeff DeGraff, Public Information Director – Louisiana Housing Finance Agency
Stacy Head, Council Member at Large – New Orleans City Council
James Ross, Relationship Manager – NeighborWorks® America
Lyndsey Beaulieu, Homeowner – Radiant Blossoms Resident
HOPE was awarded nearly $1.4 million to acquire and develop these residences. The homes are available to purchasers with incomes of up to 120% of the area median income, e.g. $73,400 for a family of four. Homeownership grants of up to $50,000 are available based upon eligibility.