Investing in New Orleans

Lessons for Philanthropy in Public Housing Redevelopment

Posted December 1, 2013
By the Annie E. Casey Foundation
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This report tells an important story of the positive role philanthropy can play in developing new communities and affordable housing. The effort of reshaping post-Katrina New Orleans was part of what Casey calls “re­sponsible redevelopment,” the activities and support services required to make the rebuilding process suc­cessful for low-income families and their kids through economic development and community action. The paper distills insights from the Foundation’s experience that may be useful to philanthropies and their partners in other places.

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Key Takeaway

Developing new communities and affordable housing

In 2005, the Annie E. Casey Foundation be­gan working to help rebuild and revitalize a low-income neighborhood in New Orleans’ Central City that was severely damaged by Hurricane Katrina. This report summarizes the characteristics of the philanthropic approach that contrib­uted to Harmony Oaks’ success, as exem­plified by Casey’s investments and strategy.