Money
The estimated budget for the Crescent Park is $30 Million, a sum awarded to Reinventing the Crescent by the City Council and Louisiana Recovery Authority as part of a Community Development Block Grant.
The Crescent Park qualifies for such a grant because it significantly enhances and supports the city’s long-term recovery in specific priority categories, including:
- City Infrastructure
- Economic Development & Job Programs
- Community Facilities
- Blight Reduction
- Neighborhood Recovery