Housing Trust Fund Advisory Committee Meeting

The New Orleans City Council's Housing Trust Fund Advisory Committee convened on August 27, 2026, to discuss updates and allocations related to the Housing Trust Fund programs. Key procurement topics included the disbursement of funds to various housing rehabilitation programs managed by the Office of Community Development, Finance New Orleans, and the New Orleans Redevelopment Authority. The committee reviewed funding allocations for owner-occupied rehab, rental rehab, and multifamily housing projects, noting a $5 million award to Rebuilding Together New Orleans and a $1.3 million shortfall in the city's general fund that was partially offset by community development block grant funds and settlement money. Finance New Orleans reported on launching several programs, including the SMART multifamily loan program with over $3.3 million allocated, and plans for additional homeowner and rental assistance programs. The committee also discussed the need for improved outreach and transparency to ensure equitable access to funds, with community members expressing concerns about awareness and fairness in program distribution. A motion to accept the 2027 funding allocation report was passed unanimously. Planning for 2028 funding priorities emphasized data-driven decisions, support for culture bearers, and potential new pilot programs. The committee scheduled its next meeting for November 4, 2026, to continue oversight and planning.