LHC Board Approves $13 Million in Housing Bonds and Notes

Today, the Louisiana Housing Corporation Board of Directors approved the issuance of $13 million in Multifamily Housing Revenue Bonds and Multifamily Housing Governmental Notes.

Approved Housing Developments

Lafitte 2017
New Orleans, LA
$4.5 Million in Multifamily Housing Revenue Bonds
$9.5 Million in Total Development Cost
25 Units

Briarwood Apartments and Barton Drive Manor
Shreveport, LA
$8.5 Million in Multifamily Housing Governmental Notes
$16.2 Million in Total Development Cost
132 Units

The Board also approved the:

• Extension to submit Carryover Allocation Documentation
• Louisiana Weatherization Assistance Program 2018 State Plan
• Revolving Loan Fund for the Weatherization Assistance Program

For more information about the Louisiana Housing Corporation, visit lhc.la.gov or call (866) 454-2001.

About Louisiana Housing Corporation The Louisiana Housing Corporation was created by Act 408 of the 2011 Louisiana Legislative Session. The Corporation administers federal and state funds through programs designed to advance the development of safe, energy-efficient and affordable housing for low-to-moderate income families.

Media Contact:
Na’Tisha Natt, Director of Public Affairs
nnatt@lhc.la.gov
225-763-8720