Times-Picayune: “Let Brad Do It”

The Times-Picayune in New Orleans criticizes Mayor Ray Nagin’s effort to rebuild the city via the Revelopment Agency as too slow, but praises a recent move: partnering with Brad Pitt’s Make it Right Foundation.

In an editorial, the paper says, “The agency has begun forging agreements with well-organized non-profits that plan to rebuild several hundred homes. Those kinds of private initiatives have fueled New Orleans’ recovery and NORA’s decision to partner with such groups is a promising development that the agency should expand further.

“The agreements include a deal NORA announced this week with actor Brad Pitt’s Make It Right Foundation, which plans to build at least 150 homes in the Lower 9th Ward. The foundation will buy up to 50 properties there from NORA. In return, the agency agreed to use the proceeds to finance neighborhood improvements, even possibly attracting a grocery store or other businesses.”

Pitt recently met with President Obama and other administration officials, with an eye on applying the program to other housing initiatives and the government’s stimulus efforts.

Want to read more articles like this one? SUBSCRIBE TO VARIETY TODAY.
Post A Comment 0

Leave a Reply

No Comments

Comments are moderated. They may be edited for clarity and reprinting in whole or in part in Variety publications.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

More Biz News from Variety

Loading