NHPF BUILDS New Orleans
The NHP Foundation (NHPF) is a leading provider of affordable housing in 16 states and the District of Columbia. Our roots preserving and creating affordable housing in The Big Easy began in 1996 with the redevelopment of Forest Park and Walnut Square. The properties, which provide affordable housing for families and seniors, are shining examples of how to rebuild after a catastrophe, in this case Hurricane Katrina. The renovation and preservation of these two properties required a delicate balance between preserving property in the most efficient, cost-effective way while creating a seamless process for residents in the interim. 25 years later, the resiliency of these two properties is still evident. NHPF Builds New Orleans Currently, Forest Park and Walnut Square boast some of the most successful resident services programming in the NHPF portfolio via our resident services subsidiary, Operation Pathways. These properties feature countless success stories of how coaching relationships work to meet the interconnected needs and desires of participants while working to dismantle disparities in education, employment, healthcare, financial literacy, food access, neighborhood safety, and more. Trained Operation Pathways coaches provide a set of strategies, tools, and resources that reinvent how to engage with families experiencing poverty. Coaching programs by definition offer ways for practitioners to create and sustain robust holistic services and programs that are only fully realized by partnering with families to address their needs and make progress on their goals. This kind of inclusive approach increases the likelihood of long-term success and transformational outcomes.
Forest Park 3708 Garden Oaks Drive, New Orleans, LA 70114 / 284 units
Forest Park, a 284-unit community in Algiers, Louisiana, is a multifamily property rebuilt after major damage was sustained during Hurricane Katrina.
It is a nineteen-building complex that includes 42 one-bedroom units, 160 two-bedroom units, and 72 three-bedroom units. All units “100% of the households served” are at or below 60% AMI. The property underwent major rehabilitation between 2007 and 2008, including resting and remediation or mold, repair of all hurricane damage, replacement of all roofs, installation of new kitchens, new flooring, and energy-efficient appliances and windows, together with complete upgrading of all electrical systems and plumbing infrastructure.
Walnut Square 8501 I-10 Service Road, New Orleans, LA 70127 / 209 units
All of Walnut Square’s 209 housing units were completely destroyed when Hurricane Katrina devastated New Orleans in 2006. Rebuilding on the original site, NHPF undertook new construction, making it possible for residents to return to safe, attractive, and affordable homes. The Walnut Square property includes an on-site community center providing residents the use of its business office, fitness center, computer lab, and an array of educational, health, and financial
literacy programs. All residents, from children through seniors, are part of an active, welcoming community committed to healthy lifestyles, personal development, and civic participation.
NHPF BUILDS NEW ORLEANS
Mission The NHP Foundation is a not-for- profit real estate organization dedicated to preserving and creating sustainable, service- enriched multifamily housing that is both affordable to low and moderate income families and seniors, and beneficial to their communities.
Vision A future where communities flourish because attractive, sustainable housing options and life-enhancing services are ensured for income-challenged Americans.
Values NHPF seeks to promote greater diversity, inclusion, racial equity, and social justice in addition to its long-established mission of providing sustainable, service- enriched affordable housing. NHPF is committed to increasing access to opportunities for historically underrepresented individuals and businesses in the development and operation of affordable housing communities.
122 EAST 42ND STREET, SUITE 4900, NEW YORK, NY 10168 (HEADQUARTERS) 1090 VERMONT AVENUE, NW, SUITE 400, WASHINGTON, DC 20005 159 N SANGAMON STREET, SUITES 200 & 300, CHICAGO, IL 60607 1501 ST. PAUL STREET, SUITE 128, BALTIMORE, MD 21202 nhpfoundation.orgPage 1 Page 2 Page 3
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