Mobile Navigation Menu

Deaconess

2535 Esplanade Avenue
New Orleans, Louisiana 70119
PartnerNeighborhood Development Foundation / NOLABA
RoleDeveloper / Lender / Owner / Property Manager
Units40
Total Development Cost$7,397,532
Completion Date10/05/2015

The Deaconess entails the substantial rehabilitation of the former Bethany Nursing Home, a 32,740 square foot, two-story masonry structure. There are 40 efficiency units, 16 of which will be designated for households at 60% AMI and below, four units for households at 50% AMI and below, and the remaining 20 units will be for households at 20% AMI and below.

The project was financed through LIHTC, HOME funds through LHC, and CDBG funds through LA. Office of Community Development, and Affordable Housing Program loans through FHLB Atlanta, FHLB Dallas, and FHLB Pittsburgh.

Project Partners

Related News

See all news
Impact, Residential, Uncategorized

GCHP and partner East Baton Rouge Council on Aging Receive More than $10 Million in U.S. Department of Housing and Urban Development (HUD) Federal Grant Awards

WASHINGTON – The U.S. Department of Housing and Urban Developmentā€™s (HUD) Office of Multifamily Housing Programs announced today it has awarded $97 million in grants to […]
Read More
Commercial, Healthcare

GCHP and CrescentCare Celebrate Grand Opening of MidCity Clinic

On Wednesday, October 16, 2022, GCHP gathered with CrescentCare, community partners and elected officials to celebrate the grand opening of CrescentCare’s MidCity Clinic. GCHP served […]
Read More
Health Housing, Healthcare, Residential

GCHP and Partners celebrate Grand Opening of The Pearl, a Health + Housing Community in Jackson, Mississippi.

Gulf Coast Housing Partnership (GCHP) and Pearl Street Community Development Corporation (CDC) joined elected officials and development partners to celebrate the grand opening of The […]
Read More