St. Bernard Parish Redevelopment, LLC received an allocation of NMTCs for use in the recovery and redevelopment of the Hurricane Katrina Gulf Opportunity Zone. The primary goal of St. Bernard Parish Redevelopment, LLC is to facilitate the permanent return of its citizens and businesses through private investment in: 1) affordable housing; 2) a full service healthcare facility and ancillary services; 3) social services; and 4) local industry and individual businesses. It will offer unsecured, equity-like predevelopment loans, subordinated debt, leasehold improvement loans, and business loans and equity investments. Loans will be offered at below-market interest rates and with more flexible underwriting standards than otherwise available.