In 2002 The Neighborhood Development Foundation (NDF) and its subsidiary Associated Neighborhood Development (AND) adopted the Hoffman Triangle Neighborhood in Central City as its designated redevelopment area.  The objective of the Hoffman Triangle Project is to continue to improve the quality of life of the neighborhood residents and provide the stimulus for individuals, families, businesses, and their employees to consider living in the area, to increase access to affordable homeownership, and stimulate economic community development in census tract 94.  To date NDF/AND has built over 30 new construction properties for low and moderate income families/individuals who made the transition from renting to homeownership.

In 2015 NDF entered into a cooperative endeavor agreement with the City of New Orleans to bring back into commence 10 properties that were formally located in the VA-Hospital footprint and placed in the Hoffman Triangle Neighborhood.  This affordable homeownership renovation project offers the opportunity for low and moderate income (first time homebuyers) individuals/families whose income does not exceed 120% of the New Orleans AMI to become homeowners.  Soft Second DEVELOPER mortgage buy-down of up to $20,000.00 maybe available.  DEVELOPER will follow CNO DIRECT HOMEBUYER ASSISTANCE PROGRAM guidelines with respect to qualifying https://new.nola.gov/community-development/documents/underwriting-guidelines-revised-5-1-2018/

ALL BUYERS must complete NDF’s homebuyer counseling and education program http://ndf-neworleans.org/how-to-participate/ and be qualified by the CNO AMI certification program.