River District
Coverage of River District 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.
- Montpelier tackles housing shortage with talks of taller buildings and simplified zoning
Montpelier's Planning Commission is exploring allowing taller buildings in the River District to address housing shortages, with discussions including six-story apartment buildings and simplified zoning. Current zoning permits six-story structures downtown, but developers have not utilized this. The conversation also involves reimagining the area as a more inviting space with fewer gas stations.