Charity Hospital Building (“Charity”), is now commencing with building renovations and lease up. Charity was a teaching hospital for both Tulane and LSU medical schools and served the indigent population of New Orleans from 1939 to 2005. Following Hurricane Katrina, Charity was shuttered, and it has been replaced by a new $2 billion medical center constructed three blocks away on Tulane Avenue. The new medical center includes the University Medical Center Hospital (a teaching hospital), as well as a new VA Hospital.