# Housing Trust Advisory Committee Meeting

The Housing Trust Advisory Committee of the New Orleans City Council met on November 5, 2026, to review Housing Trust Fund programs and spending. Finance New Orleans reported selecting eight projects for its $3.3 million small multifamily construction program, targeting 30 rental units in three- to four-unit properties; funding is expected to be deployed ahead of construction targeted for spring, with projects estimated to take 9–18 months to complete. The agency also described homeowner programs, including zero-interest loans for fortified roofs and rehabilitation, and said it needs additional outreach to increase applications. The New Orleans Redevelopment Authority reported on its roof, homeownership, and small-rental rehabilitation programs; its rental program offers up to $50,000 per unit, capped at $200,000 per project. The City is also pursuing commitments for Baron Lofts and Royal Maezant, with the stated goal of supporting shovel-ready multifamily projects and bringing units into construction soon.

The committee reviewed a report showing $14.5 million transferred to program administrators ($5.7 million to Finance New Orleans and $8.8 million to NORA), plus another $1.5 million expected; reported administrative spending was $38,000 and $73,000, respectively. Members discussed a 10% overall administrative-fee cap, proposed 2027 funding for multifamily projects, and plans for a public dashboard with quarterly updates. Public commenters urged greater emphasis on stabilizing homeowners, repairing existing homes, and improving outreach to seniors and residents with limited internet access; tenant protections for funded rental projects remained a follow-up question. The committee approved the prior meeting minutes without objection and passed a motion to approve the fourth-quarter report; no contract award or procurement vote was recorded.

**Jurisdictions:** sled
**Industries:** Construction & Infrastructure
**Topics:** Physical Infrastructure, Grants & Funding
**Published:** November 05, 2026

### Sources
- [Housing Trust Advisory Committee Meeting](https://www.youtube.com/watch?v=RvSbDx1onQU) - New Orleans City Council