Lower 9 lots could be sold for $100 each if amendment passes - FOX 8 WVUE New Orleans News, Weather, Sports, Social

Lower 9 lots could be sold for $100 each if amendment passes

NEW ORLEANS (WVUE) -

A list of more than 600 properties in the Lower Ninth Ward could go up for sale at $100 each.

Our partners at NOLA.com | The Times-Picayune report that the properties are owned by the New Orleans Redevelopment Authority.

Before they go on sale an amendment must be approved in Baton Rouge. The state Constitution currently allows for the donation of abandoned or blighted properties to nonprofits, but not to individuals.

Properties are considered to be donations if they are sold for less than their fair market value.

Copyright 2014 WVUE. All rights reserved.

Powered by Frankly