Place is important to people. People make economic development important.
Our Strategic Neighborhood Development program is designed to positively impact both.
Our Strategic Neighborhood Development program meets the people where they are—at home, in their communities.
Culturally strong and economically vibrant neighborhoods are essential to realizing a city where all can share in greater prosperity.
The New Orleans Business Alliance continues its support of programming that creates pathways to prosperity for residents of communities whose economic indicators are disproportionately low, relative to the rest of the city.
The Strategic Neighborhood Development initiatives invest in resident capacity. Some examples follow.
In 2018, New Orleans Business Alliance provided scholarships to 40 residents from the Claiborne Corridor, Algiers, New Orleans East, and Hollygrove for UNO’s Community Development Finance Course.
This effort supports residents in leading the economic redevelopment of their neighborhood
Within the Claiborne Corridor, the New Orleans Business Alliance supports he resident-led Ujamaa Economic Development Corporation.
Ujamaa Economic Development Corporation was organized with a mission of equitable redevelopment of the Claiborne Corridor and adjacent communities.
The organization’s leadership is committed to cultural preservation, economic opportunity, housing affordability, environmental sustainability, and safe and healthy neighborhoods for the Claiborne Corridor communities.
The New Orleans Business Alliance facilitated the establishment Claiborne Avenue Merchant and Business Association in 2018, which connects businesses to customers and support opportunities through BuildNOLA and the Mobilization Fund.
The Business Alliance supports the ProNeighborhoods Partnership with HousingNOLA, NewCorp, LiftFund, and Hope Community Credit Union.
Together, we attracted a $1 million investment from JPMorgan Chase to provide affordable mortgages for historic residents of Tremé, 7th Ward, and St. Roch.