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Federal grant funding freeze hits New Orleans affordable housing, climate jobs initiatives

Summary by New Orleans CityBusiness
New Orleans for-profit organization Xavior Estates LLC has a business model of buying homes in the city, including some blighted properties, renovating them and offering them for rent for less than market value to low-income individuals and families. “I am able to make the same profit margins that a (traditional) rental property company is making because of how meticulous we are in our project management,” said owner Taj Xavior. He started the c…
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New Orleans CityBusinessNew Orleans CityBusiness
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Federal grant funding freeze hits New Orleans affordable housing, climate jobs initiatives

New Orleans for-profit organization Xavior Estates LLC has a business model of buying homes in the city, including some blighted properties, renovating them and offering them for rent for less than market value to low-income individuals and families. “I am able to make the same profit margins that a (traditional) rental property company is making because of how meticulous we are in our project management,” said owner Taj Xavior. He started the c…

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Big Easy MagazineBig Easy Magazine

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New Orleans CityBusiness broke the news in on Wednesday, March 26, 2025.
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