We, the Broadmoor Development Corporation (BDC), seek to enhance the economic well-being of the Broadmoor neighborhood of New Orleans. Accordingly, the goal of the BDC’s holistic programmatic initiatives is to create a sustainable, healthy and diverse neighborhood by using a block-tipping strategy to eradicate blight and promote private investment in Broadmoor.
In the aftermath of the Hurricane Katrina, the Broadmoor Improvement Association (BIA) rallied residents to create and implement a master plan for neighborhood recovery in collaboration with multiple local and national partners. The master plan outlined the values of the neighborhood and the goals for recovery, with the vision to be “Better than Before.” This recovery was to be achieved by developing resilient and efficient housing, building a central education & community corridor, and creating a safe and secure living environment for all residents.
The effort developed and allocated over $40M in resources to restore Broadmoor’s main assets—its historic housing stock, the Andrew H. Wilson Charter School, and the Rosa F. Keller Library and Community Center—and created a holistic set of programs for all ages to strengthen the community.
In 2006, the BIA created the Broadmoor Development Corporation (BDC), a registered 501(c)(3) community development corporation (CDC), to address the neighborhood’s housing needs. The BDC rehabilitates owner-occupied properties, renovates and sells vacant properties, builds new homes, and is planning ways to stabilize vacant lots. Work is coordinated with the BIA to ensure that efforts are informed by the needs of the community, and operate within the vision set forth by the neighborhood.
In the years since Katrina, this renovation effort has spurred the recovery of 87% of all Broadmoor residential properties, an area where 100% of properties suffered between 6 and 10 feet of flooding following Hurricane Katrina.
Today, the majority of work is focused in Census Tract 103 – locally known as Subsection B – where 38% of housing units are vacant (from another perspective, 7 out of 10 of all vacant housing units in Broadmoor are located within this Subsection), 22% of properties have had no work done or have stalled, and 54% of households are at or below 60% AMI.
The BDC has impacted more than 1,000 properties in Broadmoor to date, and our more recent projects (since July 2011) can be seen mapped here.
We have come a long way as a community, but still have a great deal of work ahead of us – and we look forward each day to help aid the progress to a better Broadmoor.