The Jeremiah Group, a faith-based citizens group, won a major victory on behalf of future homeowners in the area when the LRA unanimously approved a $75 million affordable homeownership program. When installed, this program will be the largest homeownership subsidy program in the history of the City of New Orleans. The program is designed to assist first-time home buyer with purchase subsidies that will enable many families to afford their first homes. For more information, visit the Times-Picayune article.

Tags: affordable homeownership, homeownership, latino, latinola, louisiana, new orleans housing

This entry was posted on Thursday, August 7th, 2008 at 8:14 am and is filed under Archived News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.