One Table and City of New Orleans Request for Information
City of New Orleans
Office of Community Development
2017 One Table Coordinated Funding Mechanism
Request for Information (RFI)
One Table is a coordinated funding mechanism that seeks to enhance the ability to attract and deploy capital effectively and efficiently to advance community development initiatives within the urban core of New Orleans that expands opportunities for low- and middle-income families and revitalize underserved communities. One Table consists of financial institutions, governmental agencies, and housing and economic development partners that invest capital in high priority real estate projects. One Table, coordinated by Foundation for Louisiana in partnership with the City of New Orleans, seeks responses from property owners and real estate developers for the acquisition, rehabilitation, construction, and preservation of residential, commercial or mixed-use developments along the Claiborne Corridor, in other high-impact areas such as the Lower 9th Ward, and in high-opportunity neighborhoods.
The One Table partners have various financial (such as loans, grants, and/or equity) and technical assistance resources to spur investment in these areas. This request is for informational purposes only to assist One Table in developing a pipeline of real estate development projects that will be reviewed for 1) project readiness, 2) funding or technical assistance gaps, and 3) potential for community and economic impact in order to determine potential investments. Investments will be made on a rolling basis, subject to availability of resources through One Table participating members. Narrative responses are limited to two (2) pages with attached requested documentation and any other relevant information as needed.
The deadline for this initial solicitation is Friday, Dec. 15, 2017, by 5 p.m. CST. Please submit responses to Lydia Cutrer, One Table Coordinator, at [email protected] After this deadline, responses will be accepted on a rolling basis as we continue to build a project pipeline.