the NHP Foundation Preserves
Affordable Housing in LOUISIANA


Forest Park
Affordable Housing for
Post-Katrina Louisiana



Forest Park, a 284-unit community in Algiers, Louisiana is a multi-family property re-built after major damage was inflicted on it from Hurricane Katrina. It is a nineteen-building complex that includes 42 one-bedroom units, 160 two-bedroom units and 72 three-bedroom units.

Total cost
$ 20,709,238

Description
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 for 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.

Financing
Secured financing and funding for this project included: back to redevelopment
NHPF’s diverse income and rent structure provides housing for a range of households from low to moderate income. Notwithstanding income levels, the same level of amenities and access to our services is offered to all residents.

Forest Park Apartmentsis just one example of how NHPF’s commitment to affordable housing has helped American families. For more information on NHPF's properties, please visit http://nhpfoundation.org/properties.php.