New Orleans voters on Saturday approved three bond propositions totaling $510 million, setting the stage for the city to eventually break ground on dozens of large-scale infrastructure projects, drainage improvements and affordable housing developments.
The three-part bond package is a win for city leaders who say the proceeds would help address long-overdue needs citywide, including Mayor-elect Helena Moreno, who takes office Jan. 12 and who urged voters to sign off on the propositions in the days before the election.
About 63% of voters agreed to borrow $45 million for affordable housing. About 77% of voters agreed to borrow $410 million for city infrastructure, while about 78% of voters said yes to borrowing $50 million for drainage improvements. Turnout for the each of the three propositions hovered at around 21%…