[StBernard] LRA Buy-Outs

[Westley Annis]

CK,
 
the way the plan is suppossed to work is that the properties are acquired by
the Louisiana Housing Trust and will be redeveloped based on input from the
local municipality- that means that St. Bernard is supposed to have direct
influence as to how these properties get put back into commerce.  Keep in
mind that there is a clause in the LRA action plan that calls for 25% of all
LRA buy out properties to be developed for low income housing.  We are still
waiting for details as to how that will be calculated.
 
Good luck and God Bless,
Craig 
 
 
-----Original Message-----
I'm curious -- does anybody know what is going to happen to those properties

that are "bought" by the LRA?  Will the LRA tear down those houses or leave
them 
as they are?  Is the LRA going to sell to developers, and will there by any
kind 
of restrictions on what the developers can do with that property?  There are

some areas where half the people or more are going to take the buy-out, and
it 
seems to me that the answers to these questions will have a very big impact
on 
what those neighborhoods are going to look like in five years.  

CK