BGR Analyzes Federal Investment in Rental Housing

• Bureau of Governmental Research


In Public Investment, Private Developers: How Louisiana Deployed Its GO Zone Housing Tax Credits, BGR analyzes the unit production and geographic distribution of developments awarded $1.7 billion worth of federal Gulf Opportunity Zone Housing Tax Credits intended to spur recovery following Hurricane Katrina. In addition, it analyzes the financing and costs of projects that received tax credit awards in December 2006. Developments in that group were eligible to “piggy-back” the tax credits with loans of federal Community Development Block Grant funds made available through a Louisiana Recovery Authority program. The group includes some redevelopments of Housing Authority of New Orleans public housing sites. The report includes an appendix of projects in Orleans, Jefferson, St. Tammany and other parishes.

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