RERI Assistant Director Speaks to St. Bernard Parish Council on Tax Increment Financing

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LTR: Sidney Torres III, Meraux Foundation; Chris Haines, Meraux Foundation; Brian Andrews, Real Estate Research Institute; Lacy McManus, Vice President of Strategic Initiatives at GNO Inc.; Bill Haines, Meraux Foundation; and Guy McInnis, St. Bernard Parish President

March 22, 2019

Meraux, La. – Brian Andrews, assistant director of the Real Estate Research Institute in LSU’s E. J. Ourso College of Business, was a guest speaker at a workshop hosted by GNO Inc. for the Meraux Foundation and members of the St. Bernard Parish Council. Andrews’ topic was Tax Increment Financing or TIF, a financing tool used by public entities for infrastructure and economic development.

“The Parish Council and the Meraux Foundation have exciting plans for St. Bernard Parish, and they are doing the research needed to make sure that those plans are implemented correctly,” said Andrews.

Other speakers at the event included Robert Lalka of Tulane University and Andy Kopplin, CEO and President of the Greater New Orleans Foundation, speaking about Opportunity Zones. Miles Graderson, Land Use Counsel at Sherman Strategies LLC, joined Andrews in speaking about Tax Increment Financing.

“As the regional economic development alliance for the 10-parishes in Greater New Orleans, GNO Inc. is thrilled to connect the expertise of university partners to the challenges our civic leaders and elected officials face on the ground,” said McManus. “Brian Andrews’ recent presentation on Tax Increment Financing provided that very level of insight for our St. Bernard Parish partners and stakeholders in a recent workshop session. We are deeply appreciative of the resources and partnership LSU provides through the Real Estate Research Institute.”

Greater New Orleans Inc. (GNO Inc.) is a regional economic development alliance serving the 10-parish region of Southeast Louisiana that includes Jefferson, Orleans, Plaquemines, St. Bernard, St. Charles, St. James, St. John, St. Tammany, Tangipahoa, and Washington parishes. The Meraux Foundation is a private 501(c)(3) nonprofit organization that was established by Arlene Meraux to benefit the community of St. Bernard Parish.

About the Department of Finance
The Department of Finance offers high-quality curricula to undergraduate and graduate students interested in careers in corporate finance, asset management, real estate, insurance, banking, financial planning and business law. The department boasts internationally renowned research faculty in several areas, including derivatives, asset management, banking and spatial econometrics. The department’s Securities Markets Analysis Research & Trading Lab utilizes the Bloomberg Professional service, the platform used by more than 300,000 leading business and financial professionals worldwide to make informed business decisions, and an extensive library of financial databases including the Wharton WRDS System. Additionally, the department encourages, supports and conducts research in real estate by housing the nationally renowned Real Estate Research Institute. For more information, visit our home page or call 225-578-6291.

About the E. J. Ourso College of Business
Since its establishment in 1928, the E. J. Ourso College of Business has continuously improved and expanded its offerings for students and alumni. Additionally, the college has made it a priority to provide its faculty with the resources it needs to further research in every aspect of the business world and to produce industry leaders for a global work environment. For more news and information about the E. J. Ourso College, visit lsu.edu/business.