Louisiana

CBRE announced the recent permanent financing for The Reserve at Juban Lakes, a 132-unit affordable housing property to be built in Denham Springs, LA. Steve Wessler, senior vice president with CBRE, and Jeanne Marie Coronado, vice president with CBRE Affordable Housing, arranged $11.6 million in permanent financing with a 16-year forward rate-locked tax-exempt loan from […]

Louisiana Housing Corporation’s (LHC) Board of Directors approved $167 million to develop 640 affordable rental units across five Louisiana parishes. The Board of Directors also approved a resolution to extend the State’s 2021 QAP timelines in an effort to address the impact of Hurricane Laura across the State of Louisiana.

Louisiana Housing Corporation’s (LHC) Board of Directors approved $212 million to develop 1,633 affordable rental units across six Louisiana parishes. LHC’s Board of Directors also approved a resolution to adopt the state’s 2021 QAP.

The Louisiana Housing Corporation will hold a hearing on its proposed 2021 QAP on June 26 at 10:00 am CT. Dial 1-877-860-3058, with access code: 294147 to join the call. Comments should be submitted to qapcomments@lhc.la.gov 4:30 pm CT on June 26. A summary of proposed changes to the 2021 QAP can be found here.

The Louisiana Housing Corporation will host its board meeting from 10:00 am to 1:00 pm ET on May 6. Register here. All board meetings are open to the public and will be held virtually until further notice.

The Louisiana Housing Corporation (LHC) will host a discussion regarding the impact of COVID-19

The Louisiana Housing Corporation (LHC) suspended all physical inspections associated with our multifamily housing finance programs.

The Louisiana Housing Corporation (LHC) extended the application deadline for its Piggyback Resilient Mixed-Income (PRIME) Notice of Funding Availability (NOFA) to 4:00 pm CT on March 26. All applications, attachments and required documents must be submitted electronically using either of the following methods:

The Louisiana Housing Corporation (LHC) board of directors approved the 2020 Draft QAP, as well as the  issuance of $27.1 million in Multifamily Mortgage Revenue Bonds to create 232 affordable rental units in Baton Rouge and Lafayette. The developments represent a mix of new construction and preservation developments that aim to assist working families, households […]

The Louisiana Housing Corporation issued an addendum to its Notice of Funding Availability (NOFA) and Program Implementation Guidelines for the Multifamily Piggyback/CDBG-DR Loan Funding Piggyback Resilience Initiative – Mixed-Income (PRIME).

The Louisiana Housing Corporation (LHC) released the Piggyback Resilient Mixed-Income (PRIME) NOFA, which is designed to develop resilient multifamily properties in areas that were greatly impacted by the 2016 floods. This NOFA will make available $42 million in Community Development Block Grant (CDBG) funds to be combined with LIHTC and bond-financed mortgage proceeds, supporting the development of mixed-income multifamily properties

The Louisiana Housing Corporation (LHC) will officially announce a $42 million Community Development Block Grant (CDBG) Notice of Funding Availability (NOFA) on Wednesday, December 11 during its regularly scheduled board meeting. These CDBG funds will be combined with LIHTC and bond-financed mortgage proceeds.