New Orleans Cultural Districts

All-

Please see the May 15th notice for info on the city's proposed Cultural Products Districts:
ANNOUNCEMENT

ORDA Review of Cultural Product District Application & Selection Process
6-8 pm
Thursday, May 15, 2008
City Council Chambers

***********************************

Please join the Mayor’s Office of Recovery & Development Administration (ORDA) and the New Orleans City Council at a Community Meeting this Thursday evening to discuss the application and selection process for the State Department of Culture, Recreation and Tourism’s "Cultural Product District" Program.

Through this Program, qualified ventures in areas designated as “Cultural Product Districts” can receive tax credits for affordable housing development; historic property renovation; and tax exemptions for sales of original works of art.

To take advantage of these important redevelopment tools, the City of New Orleans must submit proposed districts to the State no later than July 1, 2008.

At Thursday’s meeting, ORDA representatives will discuss the City’s selection process for proposed Cultural Product Districts that will be submitted to the State for approval.

As part of this process, interested neighborhood organizations and other entities will have the opportunity to submit to ORDA proposed district locations through a formal application process.

Applications will be available at the meeting.

The formal application process, eligibility rules, timelines, and the State's approval process will be discussed.

Applications will be due to ORDA no later than Monday, June 2, 2008.