In November, New Orleans voters will decide on a bond proposition to fund capital projects including affordable housing, stormwater management, and infrastructure improvements. The bonds will be repaid using the city’s existing millage rate and will not affect operating funds. Oversight of the funds will be conducted by the city council and designated committees, as per the breakdown provided by the Office of Strategic Engagement.
The ballot includes several key proposals. One seeks $45 million to support the Housing Trust Fund’s efforts in securing, renovating, and maintaining affordable housing long-term, while also aiming to attract federal, state, and private funding to expand housing options. Another proposal requests $50 million to improve the city’s stormwater management by enhancing green infrastructure, rehabilitating storm parks and neighborhood drainage systems, and conducting studies to guide future planning.
The bond proposal allocates $415 million for infrastructure projects throughout the city. Funds will be used for repairing and upgrading roads and bridges, renovating parks and public spaces, restoring historic sites such as Lincoln Beach, expanding greenways including the Lafitte enhancement, and upgrading street lighting.
Previous bonds have funded projects such as the restoration of Lincoln Beach, sanitation system upgrades following Hurricane Katrina, street repairs across the city, and bridge renewals, according to the Office of Strategic Engagement. Current investments aim to address future infrastructure needs and prevent potential breakdowns and costly repairs.
