Address: 8900 Quince Street
New Orleans, LA
Year complete: 2008, rehabilitation
Units: 30 low-income senior housing
In July 2013, RNDC acquired the ownership interest of Wisdom Manor, a 30-unit development serving low-income seniors in the Hollygrove neighborhood of New Orleans. It was newly developed in 2008 in response to the devastation caused by Hurricane Katrina.
Wisdom Manor features well-designed one-bedroom units, an enclosed exterior courtyard, a common room with a kitchen, and secured parking below the building on the ground floor.
The project is funded though Low-Income Housing Tax Credits (LIHTC) along with Home Investment Partnership (HOME) funds provided by the City of New Orleans. It has a project-based Section 8 contract covering 20 of the 30 units so that residents pay only 30% of their monthly income towards the rental amount.
Embassy House Apartments News & Events