Cmwheatl, part of this grant program is for those looking to buy a home in the City of New Orleans. For those who qualify,the grant will be provided at the closing. example: Home cost $150k but you qualify for only a $100k 1st mortage. The program will provide $50k to fill the gap. You may also receive closing cost assistance in addition to the $50k as well. For the Developers, part of the program funding will be set asided for buyers to purchase the properties they develop.
If you are looking for a rental send me your needs and I can help with your search.
Hope this helps.
CCS Realty, LLC
Licensed in the State of La