LHC Releases Draft QAP for Public Comment
Public hearing set for Tuesday, April 3 in Baton Rouge
BATON ROUGE, LA – Today, the Louisiana Housing Corporation (LHC) released a draft of the 2018 Qualified Allocation Plan (QAP) for public comment. The QAP is a federally mandated state plan used to allocate housing credits for the development, acquisition, and rehabilitation of affordable rental properties.
A public hearing on the draft 2018 QAP will be held on Tuesday, April 3 at 10 a.m. in the V. Jean Butler Boardroom located at 2415 Quail Drive, Baton Rouge, LA 70808. Interested parties may submit written comments via e-mail to email@example.com.
LHC Executive Director Keith Cunningham, Jr. said the 2018 QAP aims to address Louisiana’s most pressing housing priorities by focusing on policy concerns, improving the application process, and incentivizing viable projects.
“This year we took a hard look at simplifying the process and creating a structure that tackles the previous issues within the QAP,” said Cunningham. “While we used a combination of industry best practices and lessons learned over the years, we are eager to receive feedback from the developer community as we continue to improve our processes.”
Additionally, LHC will host two workshops to help prospective applicants gain a better understanding of the process, program changes, requirements, and opportunities. Both workshops will be held from 10 a.m. to 12 noon V. Jean Butler Boardroom.
2018 QAP Workshop Schedule
For workshop details or more information about the 2018 QAP, visit lhc.la.gov/page/QAP-2018. The LHC Board of Directors will approve a final version of the 2018 QAP on April 11, 2018.
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.
Na’Tisha Natt, Director of Public Affairs