200 Carondelet New Orleans LA

186 units, completed in 2009

Leasing:
For leasing information, please contact 200 Carondelet Apartments at (504) 207-0708.
 

Affordability:
40% at 60% of Area Median Income, or less
60% at market rate, no income restrictions

Funding:
Low Income Housing Tax Credits
Historic Tax Credits
Community Development Block Grant
Conventional Mortgage

200 Carondelet is an adaptive re-use of a National Historic Register listed building. The former National American Bank office building has been renovated and preserved as a mixed-income, high-quality residential rental property. The project was funded as part of the post Katrina GO ZONE recovery initiative. The developments complex financial structure utilized a Community Development Block Grant, state and federal Historic Tax Credits and Low Income Housing Tax Credits for funding.

The 24-story historic building, originally built in 1929, provides much needed “transit oriented” housing in the heart of New Orleans’ downtown employment center.

Total Development Cost - $68,000,000

 Tim Dunford, Dunford Photography LLC, 521 Red Oak Drive, Mandeville, LA  70471 s 985.778.9918