ATTENTION NEIGHBORS:
The Mid-City Neighborhood Organization
Requests Your Attendance
at a Public Meeting
MONDAY, NOVEMBER 10, 6:30 PM
Grace Episcopal Church (3700 Canal St.)
To Give Input on a Proposed, 54-Unit, Mixed-Income Housing Development
that is funded largely with public grants and tax incentives.
It Will Front on Bienville Street and Be Bounded By
N. Salcedo Street, N. Rendon Street, and Conti Street
The Legal Notice Published in the Times Picayune Follows:
Notice to Public: BPBM, LLC is making an application for Housing Tax Credits and LRA/OCD Piggyback funds, with the Louisiana Housing Finance Agency and LRA/OCD to develop Bienville Square, a new construction Mixed Income development consisting of 50 new apartment units. The project will also include an on-site community center which will provide social services, including after school programs, adult education program, and computer training. The site is located in the 3100 block of Bienville Street, New Orleans, Louisiana 70119. The site is bounded by Bienville Street, North Salcedo Street, North Rendon Street, and Conti Street. The total cost of development will be $11.285,750 and will be funded with approximately $3,527,350 in investor equity generated from the sale of tax credits, $6,100,000 in CDBG LRA/OCD Piggyback funds, and $1,658,400 in private equity and deferred developer fee.
Published in The Times-Picayune 8/10. Updated 8/10
REPRESENTATIVES OF THE DEVELOPER, THE BANKER,
AND THE ARCHITECT WILL BE PRESENT TO DISCUSS THE PLANS.
NEIGHBORS AND INTERESTED INDIVIDUALS ARE ENCOURAGED TO ATTEND, ASK QUESTIONS, AND EXPRESS THEIR OPINIONS.
