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Iris Development’s strategy for the O-HIP (Orleans Housing Investment Program) is to construct efficient, sustainable homes at deeply affordable levels, in both Gentilly Woods and New Orleans East. Our project focuses on these strong neighborhoods that have experienced significant investment in public and private infrastructure and amenities, but have yet to fully recover from Hurricane Katrina and, in the case of New Orleans East, the passage of the EF3 tornado in February.

The 3-bedroom, 2-bath ranch style homes are on the market for $165,000 qualifies for up to $35,000 in grant assistance. Situated on a quiet residential street in New Orleans East, close to Joe Brown Park, Nature Center, New Orleans East Hospital and within walking distance of Winn-Dixie. You will find a spacious and efficient open-plan living room, dining room and kitchen. The house enjoys ample light. The homes are newly constructed, featuring flooring with a finished wood look throughout, and ceramic tile in the bathrooms. The master bedroom has a ensuite bathroom, while an additional full bath is adjacent to the second and third bedrooms. The homes feature abundant closet space and additional storage will be available in the attic. Also, it includes brand-new stainless steel appliances, a spacious backyard, off-street parking and built to Energy Star standards, so that you will love your utility bills!

4981 Montegut Dr., 4700 Sandalwood Dr., 4634 Sandalwood Dr., New Orleans