Pitt's Plan, to erect 150 eco-friendly homes in the Lower 9th Ward. The neighborhood was largely destroyed when the levees holding back floodwaters broke in the aftermath of Hurrican Katrina in 2005.
Pitt says, "The goal here immediately is to see the community back, to see families hanging out again, kids riding their bikes in the street. I see nothing in our way right now other than financial support. I know this about the American spirit, we are there to help in a second. I hope that groundbreaking will start in the spring and that people will be moving in as early as summer. I find this place very special...unique. It'd be hard to picture America without it. Only a handful of families have returned to the Lower 9th Ward, which once had 5,000 homes."
The Make It Right Foundation needs $22.5 million to build all 150 homes. Pitt has pledged to match $5 million worth of donations, saying they have raised $2 million so far.
Under the initiative, residents will be able to buy a $175,000 home for $300 a month - or 30% of their monthly income (the maximum percentage one would pay).
www.makeitrightnola.org
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