House Bill No. by Representative Mandie Landry aims to facilitate the development of low-income housing in New Orleans by enacting new provisions under R.S. 33:4740.1. The bill stipulates that proposed low-income housing developments funded by low-income housing tax credits from the Louisiana Housing Corporation will not be subject to the conditional use process outlined in the Comprehensive Zoning Ordinance of the City of New Orleans. This exemption allows such developments to be permitted in any zoning district where residential dwellings are allowed, thereby streamlining the approval process for these projects.
Additionally, the bill ensures that these low-income housing developments are eligible for a development bonus as specified in the Comprehensive Zoning Ordinance and related city ordinances. This legislative change is intended to promote the construction of affordable housing options in New Orleans, addressing the city's housing needs while simplifying regulatory requirements for developers.