
Project Overview
VPG partnered with Providence Community Housing on the final phase of the Lafitte redevelopment, a transformative effort to revitalize the historic site of the former Lafitte Public Housing Projects. Lafitte Phase VII delivered 51 new affordable rental units, including rehabilitation of the original on-site structure and new construction of 45 units across 40 buildings on an undeveloped parcel known as Block 6. The design and layout reflect the architectural character and neighborhood fabric of the existing community. This milestone marks the culmination of a post-Katrina redevelopment effort that has restored more than 1,000 housing units to the area.
The capital stack includes 4% Low-Income Housing Tax Credits paired with tax-exempt bonds, Federal and State Historic Tax Credits, and public funding from the City of New Orleans, the Housing Authority of New Orleans, and FEMA. Lafitte Phase VII achieved financial closing in June 2025 and construction completion in Q3 2026.



