Opportunity Housing Program

SBP’s Opportunity Housing Program creates homeownership and rental opportunities for residents of low- to moderate-income while rehabilitating blighted properties and strengthening neighborhoods.


Homeownership

We work with our homebuyer clients to become homebuyer-ready. Clients then obtain a mortgage through a trusted lender and often pair this mortgage with down payment assistance or other gap financing subsidies. In this way, SBP works to increase homeownership in a demographic that is traditionally excluded from the mortgage market.

To learn more or apply for a home, please contact:

Client Services Department
(504) 473-0525
buyahome@sbpusa.org


Our Homes For Sale

HOMES AVAILABLE NOW

Charbonnet
1812 Kitchen Living

1812 Charbonnet St.

List Price: $129,500. Buyer cannot exceed 80% AMI or an annual income of $37,750 for a household of one.

Features:
- 3 Bedroom, 2 Bath (1,332 sq ft)
- Appliances included
- Vinyl plank flooring
- Spacious front porch


More Homes Available Now

2227 Andry
2239 Andry
2335 Andry

List Price: $142,200. Buyer cannot exceed 120% AMI or an annual income of $56,640 for a household of one.

Features:
- Energy efficient, new construction
- 3 Bedrooms, 2 Bathrooms (1,375 sq ft)
- Stainless steel appliances
- Open floor plan, beautiful front and fenced backyard
- Down payment and/or closing cost assistance available for income qualified buyers


HOMES COMING SOON

Tennessee Street Render

2349 Tennessee St.
2407 Tennessee St.


Rentals

As home prices rise, affordable rentals are increasingly vital to the City of New Orleans. Through our rental units, we provide stable and safe housing options to low- to moderate-income families. Our rental program works with applicants under 60% of the area median income ($28,320 for a 1-person household).

Our Rental Properties