On March 14, 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 three 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
For more information about the Louisiana Housing Corporation, visit lhc.la.gov or call (866) 454-2001.