FAQ's
Who are your programs intended to benefit?
Our first priority is New Orleans. It is our hope to have the ability in the future to provide benefits to first responders in surrounding areas but, we are currently focused on strengthening NOPD, NOFD, and NOEMS.
How is your organization different then the other organizations working with first responders?
The FRF provides tangible benefits to first responders that can be leveraged by NOPD, NOFD, and NOEMS for recruiting and retention purposes. We work in ways that compliment the efforts of our partners. We do not address systemic or policy related issues, similar to the priorities of our partners, we simply provide an asset that will simultaneously aid the recruiting and/or retention efforts of NOPD, NOFD, NOEMS while contributing to the betterment of first responders. The reality is that we all work in cooperation with each other to strengthen the city of New Orleans.
What percentage of total dollars is actually allocated to your programs?
Our financial policies state that a minimum of 80% of our total revenue is allocated for program operations. Our current financial matrix is such that nearly 18% of our revenue is allocated to in-direct expenses including administration and event production. The remaining 2% is retained for savings and investments.
How does the organization measure program performance and how often?
We measure our performance by how much revenue we generate and the subsequent number of first responders we assist into home ownership. Our single most important goal is to provide a housing initiative that first responders both utilize and benefit from. This review will be performed annually.
When do you anticipate program execution?
Our plan is to execute the rental component of this housing program in the fall, approximately October 1st, 2007 and the financial assistance component by January of 2008. |