Nov 092012
 

The Central City Renaissance Alliance will hold a patron party this evening (Friday, Nov. 9) for its home tour Saturday showcasing new homes and renovations in the neighborhood.

For more information see the following press release from the Central City Renaissance Alliance:

Central City Set to Celebrate 3rd Annual Home Tour
Patron party and festival round out weekend lifting up the neighborhood’s cultural and historical significance

The Central City Renaissance Alliance (CCRA) today announced the Celebrate Central City: Where Culture Meets Convenience Patron Party and Home Tour will be presented in conjunction with area home developers for the third consecutive year during a weekend celebrating the neighborhood’s vast appeal. The Patron Party, to be held at the McKenna Museum of African American Art on Friday, November 9, 2012, from 6 p.m. to 9 p.m., kicks off the weekend and supports area development efforts. The home tour on Saturday, November 10, 2012, from 11 a.m. to 3 p.m. is free and open to the public and will showcase new homes and historic renovations in the neighborhood area. Shuttle buses will depart hourly from CCRA’s hospitality tent at the 6th Annual Central City Fest: Make a Joyful Noise in the 1700 block of historic Oretha Castle Haley Boulevard. The Preservation Resource Center and the Faubourg Lafayette Neighborhood Association will also provide a walking tour of nearby renovated historical residences.

Located adjacent to the Central Business District, the Central City community has experienced increased investment in commercial corridor development and homeownership options. Celebrate Central City highlights this work and positions the neighborhood as an attractive option for homeownership and commerce. Partners in this year’s Central City Home Tour include Associated Neighborhood Development – NDF, Harmony Neighborhood Development, HOPE Credit Union, Jericho Road Episcopal Housing Initiative, Neighborhood Housing Services and the Preservation Resource Center.

Non-profit developers have pumped millions of dollars in private and public funds into new home construction targeting low- to moderate-income buyers. Federal programs including the Neighborhood Stabilization Program I and II – administered by the New Orleans Redevelopment Authority (NORA) – and the HOPE VI program – administered by the Housing Authority of New Orleans (HANO) – invest in transforming vacant properties and blight into high-quality, affordable homes while providing additional subsidies to potential homebuyers. The City of New Orleans Soft-Second Mortgage program has also played a role in making the dream of homeownership a reality. Conventionally financed construction loans to developers and mortgages for buyers are also a part of the mix. In addition to their affordability, several of the homes are made all the more appealing with unique features including solar panels and cutting edge modern designs.

The Oretha Castle Haley Boulevard corridor, the centerpiece of Central City’s economic development efforts, has seen an influx of major capital investment and growth including the expansion of social enterprise Café Reconcile and the relocation of the Southern Food and Beverage Museum and NORA to the Boulevard. The Oretha Castle Haley Merchants and Business Association, an organization who works to cultivate economic sustainability in the area, is a grantee of the Louisiana Main Street Project, an initiative to promote the historic and economic redevelopment of traditional commercial districts in Louisiana.

To view a map of homes on the tour and to purchase tickets to the Celebrate Central City: Where Culture Meets Convenience Patron Party, visit www.myccra.org.

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