Join Jericho Road in commemorating the 15th Anniversary of Hurricane Katrina by gathering virtually in a town hall with policy experts and housing and community advocates to explore strategies to prevent large scale displacement of low-income and working families due to increased housing prices and escalating taxes in rapidly gentrifying neighborhoods. Jericho Road was founded to combat the displacement of residents caused by Hurricane Katrina. Today we face new challenges impacting the displacement of families of color.
The pandemic has highlighted the importance of home as shelter… as a safe haven. The fabric and racial composition of formerly disinvested neighborhoods is being forever changed by unprecedented levels of gentrification. Left unchecked by the existing property tax policies, this system places a greater value on the higher income newcomers that have the ability to increase the tax rate and squeeze out long-term multigenerational residents that represent the average New Orleans household. For many families, these increased property taxes place these long-term owner-occupants at an increased risk of losing their inherited property to tax sales.
We invite you to participate in these valuable conversations as we and other community leaders discuss strategies to ensure the opportunity of intergenerational wealth transfer, fight the displacement of long-term inhabitants, and mitigate the further segregation of the city along with income and racial lines.
Please register HERE,