Breakthrough Challenge Brings Health + Housing Development to New Orleans
A New Orleans-based non-profit housing developer is teaming up with an insurance company for a $60 million project to convert a former Brown's Dairy lot on Oretha Castle Haley Boulevard in Central City into affordable housing for Medicaid users.
The 192-unit housing complex, which is a "health and housing" pilot project for Gulf Coast Housing Partnership and Humana, will go up on the 86,000-square-foot property that covers almost the entire block bordered by Baronne, Erato and Thalia streets and the 1300 block of Oretha Castle Haley Boulevard on the lakeside.
GCHP's President and CEO, Kathy Laborde, said the project is in the design phase and more details will be finalized shortly, but she expects it to consist of two multi-story structures that likely will include some on-sight healthcare facilities.
Laborde said GCHP has done projects similar to, but smaller than, what it plans on Oretha Castle Haley in the city, including the $5.4 million, 26-unit Delamore complex on Claiborne Avenue, which includes six units set aside for renters with special needs.
The partnership with Humana — and a similar pilot project with UnitedHealthcare in Jackson, Mississippi — follows a recent trend in healthcare where direct investment in housing is encouraged to improve health outcomes and reduce costs, Laborde said.