Progress is when a community comes together, rebuilds and grows stronger.

New Orleans

View Video A Story of Resilience

In the wake of Katrina, people from around the world have joined forces with the City of New Orleans to rebuild its communities—not just the brick and mortar but also the cultural institutions, community organizations and local businesses that have made New Orleans a legendary destination for generations.

Ten years later, that work continues. At Goldman Sachs, we’re proud to play our part in supporting New Orleans’ ongoing resurgence. We’re encouraged by the progress the city has made so far, and we’re excited for the progress yet to come.

Making an impact across New Orleans

Pin Goldman Sachs Impact Investments
Small Businesses 10,000 Small Businesses Participants
Map
Creating

Job opportunities

America’s small businesses are the backbone of its economy. In New Orleans, we’ve focused our efforts on projects that create jobs and small businesses that want to grow, strengthening communities and the broader economy.

  • Net new jobs in the U.S. over the past 15 years

    Net new jobs in the U.S. over the past 15 years

    63%
  • Net new jobs in the U.S. over the past 15 years

    Net new jobs in the U.S. over the past 15 years

    37%
  • Participating businesses in the New Orleans 10,000 Small Businesses Program

    Participating businesses in the New Orleans
    10,000 Small Businesses Program

    250M
  • Participating businesses in the New Orleans 10,000 Small Businesses Program

    Participating businesses in the New Orleans
    10,000 Small Businesses Program

    5K
  • Participating businesses in the New Orleans 10,000 Small Businesses Program

    Participating businesses in the New Orleans
    10,000 Small Businesses Program

    69%
  • Participating businesses in the New Orleans 10,000 Small Businesses Program

    Participating businesses in the New Orleans
    10,000 Small Businesses Program

    44%
Source: U.S. Small Business Administration
View Video 10,000 Small Businesses
10,000 Small Businesses
View Video Colmex Construction
Colmex Construction
3X
View Video Parkway Bakery
47%
View Video Reflections from Small Business Graduates [3:58]
Reflections from Small Business Graduates [3:58]
Fresh Food & New Jobs

ReFresh Project

ReFresh Project set out to change the way people think about healthy food in a community that has been historically underserved. The project converted a previously abandoned building into a resource for a wide range of offerings related to health and nutrition, including locally-sourced produce and workforce education for at-risk youth, creating over 250 permanent jobs and over 300 construction jobs in the process.

View Video ReFresh Project
ReFresh Project
Improving

Affordable Housing

Hurricane Katrina brought unprecedented devastation to the city of New Orleans—70% of the occupied housing in New Orleans was damaged by the storm.

Goldman Sachs has partnered with community leaders and local businesses to help the city rebuild. The Enterprise Louisiana Loan Fund facilitates construction and enables low- and moderate-income homebuyers to obtain mortgages. We have also partnered on two substantial housing and community development projects, bringing affordable, high-quality housing to some of the most severely impacted neighborhoods.

Harmony Oaks

460

New Housing Units
View Video Lafitte Public Housing
Lafitte Public Housing
Improving

Education

+ Community

Resources

Before Katrina over 70% of the students went to failing schools. Our goal is to do our small part in helping make New Orleans the first city in America where every kid goes to a good school.
-Jay Altman, CEO of Firstline Schools
View Video Phillis Wheatley
Phillis Wheatley
89%
St. Bernard Parish Hospital
164K
New Orleans Jazz Orchestra
View Video New Orleans Jazz Orchestra
New Orleans Jazz Orchestra
14K
350
Impact Investing at Goldman Sachs
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Stories of Progress

  • Newark

    Newark

    See how Goldman Sachs is committed to Newark’s revitalization.

    Read more
  • Western & Southern Financial Group

    Western & Southern Financial Group

    See how Goldman Sachs is collaborating with Western & Southern Financial Group.

    Read more
.