[StBernard] Road Home property buyouts-what happens

Westley Annis westley at da-parish.com
Mon Dec 25 06:41:29 EST 2006


When a residential buyout is made by the LRA what is the LRA going to do
with the property?

The Road Home will work with local and parish governments to decide on the
disposition of purchased properties. Working with local and parish
governments, The Road Home may, among other things:

-- Develop properties by packaging the properties for redevelopment,
offering them for redevelopment through competitive bids, and overseeing the
redevelopment of the property. Any development pursued on these properties
would be done in adherence to policy guidelines for rebuilding, recovery,
and land use management set forth by the LRA. Any proceeds derived through
the sale of these properties would be program income and would be used to
fund eligible Community Development Block Grant activities.

-- Transferring properties from the state to a local redevelopment agency.
The local agency would package the properties, offer them up for
redevelopment through competitive bids, and oversee the redevelopment of the
property. Any proceeds derived through the sale of these properties would
also be considered program income and will be used for eligible CDBG
activities.

-- Maintaining properties as permanent green space as a result of a decision
by local authorities by transferring the properties to an appropriate local
land management agency, which will operate and maintain them.

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So Craig, does or will the parish have a local redevelopment agency? A;lso
does the parish have an agency set up that could handle the idea of green
spaces?

Jim York





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