NGO Funding Request
The recipient entity's full legal name:
Neighborhood Development Foundation
The recipient entity's physical address:
1429 South Rampart Street
New Orleans, LA 70113
The recipient entity's mailing address (if different):
1429 South Rampart Street
New Orleans, LA 70113
Type of Entity (for instance, a nonprofit corporation):
Non-Profit Corporation
If the entity is a corporation, list the names of the incorporators:
The last four digits of the entity's taxpayer ID number:
1468
What is the dollar amount of the request?
$5,000,000
What type of request is this?
Both
Is this entity in good standing with the Secretary of State?
Yes
Provide the name of each member of the recipient entity's governing board and officers:
Mizelle Scott: C/O Regions Bank; 313 St Charles Ave, New Orleans, LA 70130
Kimberly Washington; C/O Jericho Road2919 St. Charles Avenue, New Orleans, LA 70115
Brent Laliberte; C/O Bayou Title 1700 Belle Chasse Highway, Suite A200, Gretna, LA 70056
CEO: Fred J Johnson, Jr; 1429 South Rampart Street, NOLA 70113
EVP: Rosalind Washington; 1429 S. Rampart Street, NOLA 70113
Provide a summary of the project or program:
As a HUD certified financial housing counseling and education agency, NDF employees are skilled, independent professionals who are available to offer advice, by listening and helping our program participants make informed decisions based on their financial situation and needs — often at little or no cost to them.
NDF is task to help its program participants across the greater New Orleans area navigate the housing financial and mental journeys and to ensure they are financially prepared for long-term, successful asset building.
NDF would like to be positioned to offer these services to all participants without financial hinderances in a way that is available for those that are technology challenged as well as those who are technology savvy. NDF would has 4-plots of land to continue the development and sale of affordable housing in the central city Hoffman triangle neighborhood area which is prime for workforce development housing.
What is the budget relative to the project for which funding is requested?:
Salaries. . . . . . . . . . . . .
$500,000
Professional Services. . .
$175,000
Contracts . . . . . . . . . . .
$90,000
Acquisitions . . . . . . . . .
$0
Major Repairs . . . . . . .
$3,425,000
Operating Services. . . .
$300,000
Other Charges. . . . . . .
$510,000
Does your organization have any outstanding audit issues or findings?
No
If 'Yes' is your organization working with the appropriate governmental agencies to resolve those issues or findings?
Not Applicable
What is the entity's public purpose, sought to be achieved through the use of state monies?
The public purpose of the Neighborhood Development Foundation, as a 501(c)(3) community development organization, is to create thriving, equitable communities through the strategic use of state funds. By focusing on economic development, affordable housing, community revitalization, education, health, and environmental sustainability, NDF aims to enhance the quality of life for all residents. These efforts contribute to building stronger neighborhoods that are economically vibrant, socially inclusive, and environmentally sustainable, ultimately supporting the aspirations and wellbeing of their inhabitants. Through these initiatives, NDF fulfills its mission to empower communities and promote lasting positive change.
What are the goals and objectives for achieving such purpose?
Goal 1: Enhance Economic Development
Goal 2: Promote Affordable Housing
Goal 3: Foster Community Revitalization
Goal 4: Improve Education and Youth Development
Goal 5: Advance Health and Housing Wellness
Goal 6: Promote Environmental Sustainability
By establishing these specific goals and objectives, the Neighborhood Development Foundation can effectively channel state funds and other resources toward impactful community development initiatives. Each objective is designed to be measurable and achievable, allowing NDF to track progress and demonstrate the tangible benefits of its work. Ultimately, these efforts contribute to the foundation's overarching mission of creating vibrant, inclusive, and sustainable communities that improve the quality of life for all residents. Through collaboration, engagement, and a focus on holistic development, NDF strives to empower communities and foster lasting change.
What is the proposed length of time estimated by the entity to accomplish the purpose?
The Neighborhood Development Foundation (NDF) proposes a multi-phase approach to achieve its public purpose, with an estimated timeline of three to five years for significant progress in its key initiatives. This timeline allows for adequate planning, implementation, and evaluation of each goal and objective.
If any elected or appointed state official or an immediate family member of such an official is an officer, director, trustee, or employee of the recipient entity who receives compensation or holds any ownership interest therein:
(a) If an elected or appointed state official, the name and address of the official and the office held by such person:
N/A
(b) If an immediate family member of an elected or appointed state official, the name and address of such person; the name, address, and office of the official to whom the person is related; and the nature of the relationship:
N/A
(c) The percentage of the official's or immediate family member's ownership interest in the recipient entity, if any:
N/A
(d) The position, if any, held by the official or immediate family member in the recipient entity:
N/A
If the recipient entity has a contract with any elected or appointed state official or an immediate family member of such an official or with the state or any political subdivision of the state:
(a) If the contract is with an elected or appointed state official, provide the name and address of the official and the office held by such person:
N/A
(b) If the contract is with an immediate family member of an elected or appointed state official:
Provide the name and address of such person:
N/A
Provide the name, address, and office of the official to whom the person is related:
N/A
What is the nature of the relationship?
N/A
(c) If the contract is with the state or a political subdivision of the state, provide the name and address of the state entity or political subdivision of the state:
N/A
(d) The nature of the contract, including a description of the goods or services provided or to be provided pursuant to the contract:
N/A
Contact Information
name:
Rosalind Washington
address:
1429 South Rampart Street
New Orleans, LA 70113
phone:
504-488-0155
fax:
N/A
e-mail:
rosalindw@ndf-neworleans.org
relationship to entity:
SVP, Community Development