In February 2010, RNDC completed the Terraces on Tulane, a 200-unit property for low-income seniors.   Developed by RNDC on behalf of Volunteers of America, National Services, this $35 million development is a replacement of Forest Towers, a similar sized property in New Orleans East that was decimated by Hurricane Katrina.  Through extensive outreach to former residents of Forest Towers, nearly 25% of these residents have returned to New Orleans to live at the Terraces on Tulane.

All of the 200 units are Low-Income Housing Tax Credits (LIHTC) units, income limited at 60% of area median income (AMI).  All units are covered by a project-based Section 8 contract.