FINANCIAL_SERVICESRECOMMENDED

Committee Backs $600K SMART Mixed Tenure Funding

The Housing Trust Fund Advisory Committee recommends allocating an estimated $600,000 to Finance New Orleans to run the FY 2027 SMART Mixed Tenure program, supporting mixed-tenure developments with per-unit subsidies around $75,000. The program is expected to produce eight units combining homeownership and rental opportunities.

Status
RECOMMENDED
Document date
August 26, 2026
Contract type
FINANCIAL_SERVICES
Vendor
Finance New Orleans
Agency
City of New Orleans · LA

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Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo
Motive logo
Veritone logo
TerraCycle logo
Cyvl logo
WithersRavenel logo
Derivita logo
Comcate logo
SafeTouch logo
IANS Research logo

Scope & details

The full contract record, as filed.

Contract amount
$600,000
Contract type
FINANCIAL_SERVICES
Contract term
FY 2027 estimated program funding
Renewal date
2027-12-31
Renewal
Continuation of the existing FY 2026 SMART program, with revised focus on mixed-tenure developments under FY 2027 funding.
Document type
Report
Source document
New Orleans Housing Trust Fund Annual Report Fiscal Year 2027 2026-08-26

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Frequently asked questions

Common questions about this contract, answered from the record.

Who was awarded the financial services contract by City of New Orleans?

Finance New Orleans was awarded this financial services contract by City of New Orleans, as recorded on August 26, 2026. The contract value is $600,000.

How much is the Finance New Orleans contract with City of New Orleans worth?

The Finance New Orleans contract with City of New Orleans is valued at $600,000, covering financial services work.

What type of contract is this?

This is a Financial Services contract, documented as a report record.

Where was this contract approved?

This contract appears in New Orleans Housing Trust Fund Annual Report Fiscal Year 2027 2026-08-26 (Report), dated August 26, 2026 from City of New Orleans. Civic IQ extracts contract records directly from agency meeting documents and solicitations.

What other contracts does Finance New Orleans hold?

Finance New Orleans may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.

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