Metairie, LA – On Monday, August 4, three real estate powerhouse associations hosted together a New Orleans Mayoral Candidates’ Townhall highlighting the real estate industry’s impact on the New Orleans economy.
The New Orleans Metropolitan Association of Realtors® (NOMAR), the Home Builders Association of Greater New Orleans (HBAGNO), and the Apartment Association of Greater New Orleans (AAGNO) and over 200 members combined from all three associations crowded into the standing-room-only venue at the University of New Orleans Performing Arts Center to hear what the four top hopeful mayoral candidates had to say.
UNO’s Institute for Economic Development and Real Estate Research served as the host venue for the event with the following candidates in attendance: Louisiana State Senator Royce Duplessis, former Criminal Court Judge Arthur Hunter, New Orleans City Council Vice President Helena Moreno, and New Orleans City Councilmember Oliver Thomas. President and CEO of Greater New Orleans, Inc., Michael Hecht, moderated the event.
Highlights included questions on the permitting process, gaining access to city-owned vacant lots for future housing developments, short term rentals, and private property rights.
The real estate ecosystem in New Orleans and surrounding metropolitan area is a crucial driver of the economy generating a total of $85,400 into the economy with the sale of every property. Cumulative in 2024, that accounted for 17% of the total economic activity in the local and state economy.
The three associations hosting this event stand ready to work with the incoming mayoral administration in an appropriate capacity to address real estate issues identified at the townhall and help navigate successful outcomes for the City of New Orleans.
About the Event Sponsors: The New Orleans Metropolitan Association of Realtors® (NOMAR) serves real estate professionals across the region, promoting ethical standards and best practices. The Home Builders Association of Greater New Orleans (HBAGNO) represents the residential construction industry and advocates for policies that support quality housing and development. The Apartment Association of Greater New Orleans (AAGNO) champions the interests of multifamily housing providers and facilitates collaboration among stakeholders. Together, these organizations are united in their commitment to fostering a vibrant real estate ecosystem for New Orleans.
