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RIVER DISTRICT HOUSING ADVANCES
N.O. leaders fear GOP retribution after AG indictment Moreno pulls request for bond funding as Landry questions city finances
BY TYLER BRIDGES Staff writer
STAFF PHOTO By SOPHIA GERMER
The proposed site for the Rivana Apartments is seen Thursday next to the Shell Riverside building in the River District of New Orleans. The New Orleans City Council on Thursday approved an agreement that will exempt the 220-unit affordable housing development from taxes on the property for the next 40 years.
Council approves tax break for apartment developers BY RICH COLLINS Staff writer
The River District took a big step forward on Thursday when the New Orleans City Council approved a tax break to help fund the planned neighborhood’s first apartment complex, a housing project that’s been seen as key to showing progress on the long-delayed redevelopment. In a 6-1 vote, the council approved a payment in lieu of taxes, or PILOT, agreement that will exempt the 220-unit affordable housing development known as the Rivana Apartments from taxes on the property for the next 40 years. In exchange, developers will maintain rents below market rate for the
same amount of time. Documents show that tax savings for the developers could top $30 million over the four-decade life of the deal. The approval was one of the last hurdles for getting the first housing development moving in the River District, a nearly 40-acre tract of land along the Mississippi River just upriver from the Ernest N. Morial Harris Convention Center. City Council member Lesli Harris, whose District B includes the proposed $100 million Rivana project and the rest of the River District,
said the vote was a win for the city’s workers and the community overall. “We need a menu of options to solve the housing crisis, and we need affordable housing with a PILOT that means it can stay affordable for 40 years,” she said before the vote in council chambers. “This is highquality housing in an area where it is needed.” The council’s action was also cheered by the Rivana’s developers, a partnership between a subset of River District Neighborhood Investors, the consortium overseeing the River District project, and Providence Community Housing, a two-decade-old nonprofit that has
ä See APARTMENTS, page 10A
Will there be more shoes to drop? That’s the question New Orleans officials were asking Thursday after Mayor Helena Moreno announced that the city has retracted a $110 million bond sale request before the State Bond Commission rather than have the commission reject it. The mayor said the city appears to be facing retribution from Republicans angered Moreno by the recent indictment of Attorney General Liz Murrill by an Orleans Parish grand jury. “I made the decision to withdraw our application before next week’s Bond Commission meeting because it had become clear that denial was imminent,” Moreno said in a statement, adding, “we are hearing warnings that some state leaders may pursue separate efforts to target the City’s finances, including the casino lease proceeds that recently strengthened our reserves and other critical
ä See BOND SALE, page 8A
RTA violated law, judge rules Suit focuses on steps board took to oust CEO
BY BEN MYERS
U.S. and Iran exchange more attacks Back-and-forth fire bigger than in prior days
allied Mideast countries in an exchange of fire that threatened an interim deal intended to help end the war in the Middle East. Back-and-forth attacks, inBY JON GAMBRELL cluding a day earlier, have repeatedly threatened the Associated Press ceasefire. But Thursday’s apDUBAI, United Arab Emirates — peared bigger all around, with The United States launched sirens sounding at least three new airstrikes against Iran times in Bahrain, home to the early Thursday, and Tehran U.S. Navy’s 5th Fleet headresponded by targeting U.S.- quarters, and missiles target-
WEATHER HIGH 91 LOW 79 PAGE 8B
ing Kuwait and Qatar. Sirens sounded Thursday afternoon in Jordan as well, where the U.S. has stationed troops and aircraft. An Iranian official accused the U.S. of launching an airstrike later Thursday targeting the area around Iran’s sole nuclear power plant, and other explosions were reported elsewhere in the country during the afternoon. The strikes came hours
Staff writer
after U.S. President Donald Trump said recent Iranian attacks on ships in the Strait of Hormuz signaled the end of a fragile ceasefire and threatened to escalate the conflict if they didn’t stop. That raised concerns that the region could tip back into a war that would engulf several countries and could halt energy shipments through the strait
The Regional Transit Authority violated state law when it took steps to oust former CEO Lona Edwards Hankins, an Orleans Parish Civil District Court judge said Thursday in a ruling that doesn’t reinstate Hankins but could strengthen her position in future litigation. Hankins resigned from the RTA on May 26 and sued it a day later, alleging that the agency violated Louisiana’s Hankins open meetings law when it met on May 9 behind closed doors before reconvening in public to vote on a trio of resolutions affecting Hankins’ job.
ä See IRAN, page 8A
ä See RTA, page 10A
Business ...................12A Commentary ................7B Nation-World................2A Classified .....................7D Deaths .........................4B Opinion ........................6B Comics-Puzzles .....3D-6D Living............................1D Sports ..........................1C
13TH yEAR, NO. 332