Councilman Green honors realtors at National Homeownership Month celebration in New Orleans

The June 26, 2025, Regular City Council Meeting in New Orleans focused on celebrating National Homeownership Month and recognizing the contributions of local real estate professionals and housing counselors. Councilman Eugene Green opened the meeting by expressing gratitude to the realtors present and highlighting the importance of homeownership in the city.

The council acknowledged New Orleans' significant achievement of ranking sixth in the nation for Black homeownership, with a rate of 49%, surpassing the national average of 45%. This statistic was emphasized as a positive narrative amidst the city's challenges, including a high poverty rate. Councilman Green pointed out the wealth gap between homeowners and non-homeowners, stressing that homeownership is a critical factor in building wealth and stability for families.

Several housing professionals spoke during the meeting, sharing their experiences and the importance of their roles in facilitating homeownership. They discussed the need for education and resources to help potential homeowners navigate the buying process. The speakers included Paula Pete, who coordinated the event, and representatives from various housing organizations, including Deborah Davenport from Desired Community Housing Corporation and Carol Johnson from Johnson Mortgage Services. Each emphasized the foundational role of housing counselors in preparing individuals for homeownership.

The meeting also addressed the need for continued support and funding for housing initiatives, particularly in light of rising insurance costs that threaten homeowners' stability. The council members discussed the importance of a holistic approach to housing, which includes not only facilitating home purchases but also ensuring that homeowners can maintain their properties.

As the meeting concluded, Councilman Green recognized the dedication of numerous housing specialists for their years of service in the industry, highlighting their collective impact on improving the quality of life in New Orleans. The council plans to continue advocating for homeownership opportunities and addressing the challenges faced by residents in maintaining their homes. The meeting ended with a call for collaboration among city officials, housing organizations, and the community to enhance housing stability and affordability in New Orleans.