Community & Economic Development

All of our grant making, low-interest lending, convening and knowledge creation has one major goal: to increase economic opportunity among Louisiana’s most vulnerable communities. In our early days, this goal was focused on south Louisiana, in the areas hardest hit by Hurricanes Katrina and Rita. As our mission shifted from recovery to include building resilience, Foundation for Louisiana has begun to expand its work beyond New Orleans and the Gulf Coast into Shreveport, the Delta region, Lake Charles and Lafayette. In all cases, we steer investments to communities that have fallen behind in recovery along with those that have suffered historic disinvestment long before the disasters of 2005.

The Community Investment Fund (formerly known as Program-Related Investments) has been a critical piece in supplying communities with the resources to launch large development projects that bring much-needed resources back into devastated areas. Since 2008, Foundation for Louisiana has provided approximately $3.6 million in loans to projects and initiatives such as affordable housing units, healthy food access hubs in underserved communities and co-working, and place-based initiatives where the cultural economy can thrive. Our policy working groups also strive to stimulate economic development at the grassroots level.

Projects We Support

Rising Out of Homelessness

Helping people rise out of homelessness is one of the toughest challenges in the affordable housing arena. Every story of homelessness is heartbreaking; those of homeless veterans are especially tough.

Support Projects like these,

Unity of New Orleans is redeveloping this building into 109 units of affordable housing

Fighting Blight in New Orleans Neighborhoods

Broadmoor Improvement Association, Miller Urban Consulting and "New Zion" City Preservation Association, Inc. (NZCPA) teamed up to develop strategies for fighting blight in small communities.

Support Projects like these,

Zion City resident reviews a copy of the blight organizing toolkit

A New Type of Housing Plan for New Orleans

Greater New Orleans Housing Alliance (GNOHA) is coordinating a large-scale effort to develop a ten-year strategy for housing New Orleans' current and future residents

Support Projects like these,

FFL Rapid Response Fund Statement of Intent August 2017 Flooding

One of the biggest concerns during the most recent events was the inability of the city to effectively disseminate news about the flooding risks. Residents were caught off-guard and unaware. It also quickly became obvious that despite the numerous disasters that have affected the city, not all local residents have been able to take the personal mitigation and preparedness actions that could help them remain safe.

Louisiana Culturepreneur Fund invests in our state's creative endeavors

If you are an individual or small business in the arts, cultural, music, culinary or creative industries located in the Greater New Orleans and Acadiana areas, the Fund offers accessible capital and business training. Loan funds can be used in many ways to support your business — from marketing and advertising to purchasing equipment and supplies, to building your capacity to create long-term projects.