The Neighborhood Recovery Community Development Corporation (NRCDC) sees higher density housing is an efficient use of community infrastructure and resources such as water, sewer, and power systems, schools, and public transportation. High-density housing can also create walkable neighborhoods and is frequently built near public transportation lines.
NRCDC has acquired and rehabilitated 280 units of affordable multi-family housing for Third Ward residents. The organization’s efforts have resulted in a consistent 95% + occupancy rate.
NRCDC assists approximately 20 families from NRCDC properties to homeownership every year through the housing program. NRCDC is seeking other multi-family opportunities with the goal of developing and/ or managing 1,000 multi-family units within the next ten years.
For more information about Nubia Square Apartments.