LHC Board Approves $28.3 Million in Housing Bonds
Today, the Louisiana Housing Corporation Board of Directors approved the issuance of $28.3 million in Multifamily Housing Revenue Bonds.
Funds will be used to provide low-cost debt financing for the acquisition, construction, and rehabilitation of threeĀ properties located in Shreveport and New Orleans. The properties are projected to benefit 297 working families and individuals.
Approved Housing Developments
Briarwood Apartments
Shreveport, LA
$7.8 Million
132 Units
Lafitte 2017
New Orleans, LA
$4.5 Million
25 Units
Holy Cross Apartments
New Orleans, LA
$16 Million
140 Units
About Louisiana Housing CorporationĀ 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:
NaāTisha Natt, Director of Public Affairs
nnatt@lhc.la.gov
225-763-8720