Finance Authority of New Orleans

Contact Information

Website:http://www.financeauthority.org
Board address:

201 Saint Charles Avenue

Suite 4444
New Orleans, LA 70170
(504) 524-5533
 

Purpose

Finance New Orleans is a housing and development finance agency with a mission to improve the quality of life in New Orleans by investing in affordable housing and economic development programs that produce jobs and wealth for residents.

Finance New Orleans was created by the City Council of New Orleans in 1978, but operates independently of City Hall. Finance New Orleans’s seven-member Board of Trustees is also appointed by the City Council of New Orleans.

Composition

The City Council appoints seven members.

Current Composition:

 

Appointing Authority

First Name

Last Name

Term Expires

Appointed by the City Council - At-large

Andreanecia

Morris

4/7/2025

Appointed by the City Council - At-large

Gizelle

Johnson-Banks

7/1/2024

Appointed by the City Council - District A

G. Wade

Wootan

6/23/2025

Appointed by the City Council - District B

John

Milazzo, Jr.

11/3/2025

Appointed by the City Council - District C

Stephen

Smith

8/3/2016

Appointed by the City Council - District D

Edgar

Chase, IV

6/6/202

Appointed by the City Council - District E

Hunter

Thomas

2/5/2026

 

Term Length

Three years.

(Created by: La. R.S. 9:2341, et seq.; Trust Indenture Amend. 4 Creating the New Orleans Home Mortgage Authority)