Broadmoor Development Corporation
Real EstateLouisiana, United States0-1 Employees
The Broadmoor Development Corporation (BDC) is a small nonprofit focused on real estate activities in New Orleans, Louisiana. Established in 2006 as a registered 501(c)(3) organization, it was created by the Broadmoor Improvement Association to address housing needs and support neighborhood recovery after Hurricane Katrina. Its programmatic approach aims to improve the Broadmoor neighborhood's economic well-being through a holistic plan to create a sustainable, healthy, and diverse community, deploying a block-focused strategy to reduce blight and attract private investment. Work with the Broadmoor Improvement Association ensures efforts reflect community needs and align with the neighborhood's long-term vision. BDC rehabilitates owner-occupied properties, renovates and sells vacant properties, and builds new homes, while planning actions to stabilize vacant lots. Over the seven years following Katrina, the renovation effort helped recover about 85% of Broadmoor's residential properties in a neighborhood where all properties suffered 6 to 10 feet of floodwaters. While progress has been substantial, the organization notes there is still work ahead. The corporation is based in New Orleans, Louisiana, and maintains a website at broadmoorcorp.com.
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