The Legacy Coalition is in direct response to the overwhelming number of residents of The Greater New Orleans Area who do not have the cash, the financing, or the experience, nor access to the knowledge, advice and expertise required to purchase, repair, renovate, upgrade, replace, remediate, build-from-the-ground-up, or otherwise respond in a reasonable and timely fashion to the natural and man-made catastrophic damages which continue to impact our region. Through the efforts of The Coalition, and its collaborative efforts with neighborhood organizations including the public/private sector, The Coalition will identify obstacles to home ownership, key problems in the communities served, and provide information leading to creative, practical solutions to overcome these challenges, as well as in-kind services, at no additional cost to the Home Buyer.
About 65% of New Orleans families rent - this is the opposite of most other urban areas! If a family can pay a rent, they can also own their own home!These families are our target.
There are about 40,000 wrecked houses still in our City; abandoned, vandalized, flooded, gutted, open to the elements, and otherwise unusable.Bringing these houses back into commerce is our other target.
With our help, we can change the face of New Orleans home ownership. And this could be for you too!
We train and support prospecting; facilitate buyer financing (even if not creditworthy); evaluate the condition of a prospective house; budget for the renovations; help to locate a qualified contractor(s); arrange the interim financing needed to buy and renovate; this is all based on an end-buyer in the wings (which can also be you!).