Dossier
River District Neighborhood Investors
Coverage of River District Neighborhood Investors in the Nexus archive.
- City Council approves tax breaks for $100 million affordable housing complex
New Orleans City Council approved a $33 million Payment-in-Lieu-of-Taxes (PILOT) deal over 40 years for a $100 million affordable housing complex called Rivana apartments in the River District. The 6-1 vote included opposition from Council President JP Morrell, with 220 affordable housing units planned for residents earning up to 80% of the area median income.