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Gulf Coast: Enterprise Louisiana Loan Fund

The Enterprise Louisiana Loan Fund was launched by our Gulf Coast office to provide capital for the development of single-family homes for low- and moderate-income homebuyers on previously vacant and blighted properties in New Orleans. Designed to help developers access private construction financing to stretch public subsidies further, the fund includes capital from the State of Louisiana Office of Community Development-Disaster Recovery Unit, Goldman Sachs Urban Investment Group and Enterprise. Participating construction lenders include Capital One Bank, First NBC Bank and IBERIABANK.