NEW ORLEANS (AP) - An affordable housing advocacy group is more than halfway to its goal of creating an additional 3,000 affordable housing opportunities in New Orleans by 2018.
Citing a report released Thursday by HousingNOLA, The New Orleans Advocate says (https://bit.ly/2dqiGYo) that almost 2,000 affordable housing units have been created or preserved in the past year. Of those, the report says over 500 were the result of efforts by Mayor Mitch Landrieu’s administration.
In December, HousingNOLA called for the addition of 3,000 affordable housing units within two years and 5,000 within five years.
The group said the plan would help solve the problems of rising home prices and stagnant wages, which have made the cost of living in New Orleans financially impossible for many people since Hurricane Katrina in 2005.
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Information from: The New Orleans Advocate, https://www.neworleansadvocate.com
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