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.