Housing Corporation Board of Directors public meetings in 2021

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board's Programs Committee will meet to discuss several housing assistance programs. Items include the Multifamily Rural Bond Bundle, HOME program updates and allocation approval, and coronavirus relief efforts such as the Homeowner Assistance Fund and Emergency Rental Assistance Plan. The committee will also discuss the Low-Income Housing Energy Assistance Program. All items are for discussion only; no votes are scheduled.

• Discussion of Multifamily Rural Bond Bundle Program
• HOME Program: Traditional, HOME-ARP, and Allocation Approval
• Homeowner Assistance Fund (HAF) of 2021
• Emergency Rental Assistance Plan (ERAP): SULC Eviction Diversion Program and ERAP 2 Planning
• Low-Income Housing Energy Assistance Program (LIHEAP)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors' Audit Committee will meet to hear a presentation from external auditors Duplantier, Hrapmann, Hogan & Maher, LLP on the June 30, 2021 audit results for the LHC General Fund, LHC Combined, and several apartment complexes. No votes or decisions are scheduled; the meeting is informational only.

• Presentation of June 30, 2021 audit results by external auditors
• Audit covers LHC General Fund, LHC Combined, Willowbrook Apartments, Village de Jardin Apartments, Mid-City Gardens Apartments, and Louisiana Housing Authority

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board will consider a resolution to issue up to $34 million in multifamily housing revenue bonds for The Reserve at Howell Place in Baton Rouge, and also vote on a site design change for Nathan Village Apartments in West Monroe. The board will also receive an update on the Emergency Rental Assistance Program.

• Resolution to issue up to $34,000,000 in Multifamily Housing Revenue Bonds for The Reserve at Howell Place at 4201 Ford East Street, Baton Rouge
• Resolution to change site design for Nathan Village Apartments in West Monroe from 12 four-plex buildings to 4 four-plex and 4 eight-plex buildings
• Update discussion on the Emergency Rental Assistance Program (ERAP) by the Division of Administration

The Board approved bond issuance for a multifamily housing project in Baton Rouge and authorized site design changes for apartments in West Monroe. The Board also approved the minutes from the October 13, 2021 meeting.

• Approved $34M in Multifamily Housing Revenue Bonds for The Reserve at Howell Place Project (unanimous)
• Approved site design changes for Nathan Village Apartments from (12) 4-Plex buildings to (4) 4-Plex and (4) 8-Plex buildings (unanimous)
• Approved October 13, 2021 meeting minutes (unanimous)
• Denied request for cost increase on three single family homes in Ouachita Parish

Housing Corporation Board of Directors

The Board of Directors will meet to discuss Hurricane Ida recovery and relief efforts, the Emergency Rental Assistance Program, and a Rural Bond Bundle. The meeting includes several resolutions regarding the 2022-2023 Qualified Allocation Plan and updates to the LHC Bylaws.

• Swearing-in of new At-Large Board Members Alfred E. Harrell, III and Richard A. Winder
• Resolution to extend 2022-2023 QAP deadlines due to Hurricane Ida
• Resolution to amend LHC Bylaws regarding the creation of four new committees
• Discussion of the Executive Director search proposal
• Discussion of Interim-Executive Director Bradley R. Sweazy’s salary

The Board approved contracting SSA Consultants to search for a permanent Executive Director and reorganized its standing committees. The Board also extended QAP deadlines due to Hurricane Ida and set the interim director's salary. Board Member Derrick Edwards resigned during the meeting.

• Approved contracting SSA Consultants for Executive Director search (8-1)
• Approved $180,000 annual salary for Interim-Executive Director Bradley R. Sweazy (unanimous)
• Approved amending bylaws to reorganize standing committees (unanimous)
• Approved extending 2022-2023 QAP deadlines due to Hurricane Ida (unanimous)
• Approved publication of Homeownership Conversion Program Guide for public comment (unanimous)
• Denied motion to appoint Bradley R. Sweazy as permanent Executive Director (5-8)
• Approved August 11, 2021 meeting minutes (unanimous)

Housing Corporation Board of Directors

The Board of Directors will consider a resolution to abolish four existing committees and create four new ones. Members will also discuss Hurricane Ida recovery, rental assistance, and the 2022 QAP timeline.

• Resolution to replace Administrative and Finance, Single Family, Multifamily and Assets, and Sustainable Housing committees with Audit, Programs, Administration, and Budget and Finance committees
• Discussion regarding Hurricane Ida Recovery and Relief Efforts
• Discussion regarding the Emergency Rental Assistance Program (ERAP)
• Discussion regarding 2022 QAP Timeline
• Discussion regarding Interim-Executive Director Bradley R. Sweazy’s salary

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors is meeting to discuss the Emergency Rental Assistance Program and approve several administrative resolutions. The body is also considering changes to its bylaws and the restructuring of its internal committees.

• Discussion of the Emergency Rental Assistance Program (ERAP) by the Division of Administration
• Resolution to approve the Louisiana 2022 Low Income Home Energy Assistance Program (LIHEAP) Grant Application
• Authorization for a performance audit of LHC Operational Policies and Procedures by the Louisiana Legislative Auditor
• Proposed change in site and property description for River Trace Apartments in Sterlington, Ouachita Parish
• Resolution to authorize the annual salary for Interim-Executive Director Bradley R. Sweazy

The Board unanimously approved a 2022 LIHEAP grant application, a performance audit agreement with the Louisiana Legislative Auditor, and bylaws amendments. A proposal to increase Interim-Executive Director Bradley R. Sweazy's salary failed a roll call vote and was deferred to the September 8, 2021 meeting.

• Approved July 14 and July 22-23, 2021 meeting minutes (Unanimous)
• Adopted Louisiana Compliance Questionnaire for Audit Engagements of Governmental Entities (Unanimous)
• Approved Engagement Agreement for a Performance Audit of LHC Operational Policies and Procedures by the Louisiana Legislative Auditor (Unanimous)
• Approved Louisiana 2022 Low Income Home Energy Assistance Program (LIHEAP) Grant Application (Unanimous)
• Approved change in site and property description for River Trace Apartments in Sterlington (Unanimous)
• Approved LHC Bylaws amendments reflective of SB 188 (Unanimous)
• Denied salary increase for IED Bradley R. Sweazy retroactive to April 15, 2021 (5-5)
• Deferred IED Bradley R. Sweazy salary increase to September 8, 2021 meeting (5-4)

Housing Corporation Board of Directors

The Board of Directors is conducting a two-day retreat and orientation. The sessions focus on board governance, ethics, and program presentations, concluding with off-site visits to affordable housing developments in Baton Rouge.

• Board Governance: Roles & Responsibilities training
• Board Ethics Training
• Sexual Harassment Prevention Training
• LHC Programs Presentations by Executive Management and Leadership Teams
• Off-site visits to affordable housing development locations in Baton Rouge

The Board held a two-day orientation retreat consisting of training and informational presentations. No substantive policy decisions, contracts, or budget items were voted upon during these sessions.

• Adjourned Day 1 of retreat (unanimous)
• Adjourned Day 2 of retreat (unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors is meeting for a two-day retreat-orientation on July 22-23, 2021. The agenda includes board governance training, ethics training, sexual harassment prevention, and presentations on LHC programs. No votes or decisions are scheduled; the meeting is primarily for board development and orientation.

• Board governance training session led by Dr. Christel Slaughter
• Ethics training for board members
• Sexual harassment prevention training
• LHC program presentations by executive management team
• Off-site visits to affordable housing developments in Baton Rouge on July 23

The Board held a two-day orientation retreat focused on governance, ethics, and program presentations. No substantive policy decisions or financial approvals were recorded; the meetings consisted of training and site visits.

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors will meet to elect new officers and discuss the Emergency Rental Assistance Program. The agenda includes resolutions for multiple multifamily housing revenue bond proposals and the approval of the 2022/2023 Qualified Allocation Plan.

• Resolution for up to $69,000,000 in Single Family Mortgage Revenue and Refunding Bonds
• $12,493,342 in bonds for Galilee Senior Housing in Shreveport
• $10,000,000 in bonds for Malcolm Kenner in Kenner
• $6,600,000 in bonds for Grove Place in New Orleans
• $8,000,000 in bonds for England Apartments in Alexandria

The Board elected Anthony “AP” Marullo, II as Chairman and Tonya P. Mabry as Vice-Chairwoman. The Board unanimously approved a $69M bond purchase and several multifamily housing bond purchases. Additionally, the 2022-2023 Qualified Allocation Plan was approved.

• Elected Anthony “AP” Marullo, II as Board Chairman (10-0)
• Elected Tonya P. Mabry as Board Vice-Chairwoman (9-1)
• Approved purchase of up to $69M Single Family Mortgage Revenue and Refunding Bonds (Unanimous)
• Approved $12,493,342 in bonds for Galilee Senior Housing in Shreveport (Unanimous)
• Approved $10M in bonds for Malcolm Kenner in Kenner (Unanimous)
• Approved $6M in bonds for Grove Place in New Orleans (Unanimous)
• Approved $8M in bonds for England Apartments in Alexandria (Unanimous)
• Approved the State's 2022-2023 Qualified Allocation Plan (Unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors will hold a special meeting to consider a resolution authorizing the appointing official to issue a notice to former Executive Director Edselle Keith Cunningham, Jr., regarding the Louisiana Senate's failure to confirm his appointment. The board will also enter executive session to discuss pending litigation in the case Miriam Bowie versus the Louisiana Housing Corporation and Keith Cunningham.

• Resolution to authorize notice to former Executive Director Edselle Keith Cunningham, Jr., about Senate confirmation failure (LSA-R.S. 24:14(H)(2)(b))
• Executive session for pending litigation: Miriam Bowie vs. Louisiana Housing Corporation and Keith Cunningham, Case No. C-708664, 19th Judicial District Court
• Special meeting on July 7, 2021, at 10:00 AM in the V. Jean Butler Board Room
• Call to order, roll call, invocation, and pledge of allegiance
• Other business and adjournment

The Board unanimously approved a resolution to issue a statutorily mandated notice to former Executive Director Edselle Keith Cunningham, Jr. regarding the Louisiana Senate's failure to confirm his appointment. The Board also entered and exited an executive session to discuss pending litigation.

• Approved resolution to issue notice to former Executive Director Edselle Keith Cunningham, Jr. regarding lack of Senate confirmation (9-0)
• Approved motion to enter Executive Session regarding Miriam Bowie v. State of Louisiana/LHC/Keith Cunningham (9-0)
• Approved motion to exit Executive Session (9-0)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors is holding a special meeting to consider a resolution appointing Bradley R. Sweazy as Interim Executive Director. No other substantive business is on the agenda.

• Resolution to appoint Bradley R. Sweazy as Interim Executive Director of the Louisiana Housing Corporation

The Board unanimously appointed Bradley R. Sweazy as the Interim-Executive Director of the Louisiana Housing Corporation. This action follows the Louisiana State Senate's decision on June 10, 2021, not to confirm the reappointment of Edselle Keith Cunningham, Jr.

• Approved appointment of Bradley R. Sweazy as LHC Interim-Executive Director (9-0)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors is meeting to approve the operating budget for the fiscal year ending June 30, 2022. The board will also consider funding increases for multifamily housing projects and the issuance of mortgage revenue bonds.

• Proposed issuance of up to $69,000,000 in Single Family Mortgage Revenue and Refunding Bonds
• Additional $600,000 principal for Lee Hardware & United Jewelers Apartments (Shreveport)
• Additional $2,870,000 for Lafitte 2017 multifamily housing revenue bonds (New Orleans)
• Adoption of the Operating Budget for the Fiscal Year Ending June 30, 2022
• Discussion of the Emergency Rental Assistance Program (ERAP) and Homeowner Assistance Fund (HAF)

The Board unanimously approved the operating budget for the fiscal year ending June 30, 2022. Members also authorized several funding increases and bond issuances for multifamily and single-family housing projects. The Board received updates on the Emergency Rental Assistance Program and the Housing Assistance Fund.

• Approved LHC Operating Budget for Fiscal Year Ending June 30, 2022 (Unanimous)
• Approved additional $600,000 principal for Lee Hardware & United Jewelers Apartments Project (Unanimous)
• Approved additional $2,870,000 in Multifamily Housing Revenue Bonds for Lafitte 2017 (Unanimous)
• Approved issuance of up to $69,000,000 in Single Family Mortgage Revenue and Refunding Bonds (Unanimous)
• Approved May 12, 2021 Full Board meeting minutes (Unanimous)
• Approved May 27, 2021 Administrative and Finance Committee meeting minutes (Unanimous)

Housing Corporation Board of Directors

The Administrative and Finance Committee of the Louisiana Housing Corporation Board will meet to discuss the proposed operating budget for fiscal year 2021-2022. No other substantive items are listed on the agenda.

• Discussion of LHC Operating Budget for FY 2021-2022

The Administrative and Finance Committee reviewed the draft operating budget for the fiscal year ending June 30, 2022. The committee requested revisions to the vendor professional services list to include contract dates and amounts. The committee unanimously recommended the budget be sent to the Full Board.

• Recommended FY 2022 Operating Budget to Full Board (Unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board will vote on the 2022 draft Qualified Allocation Plan and consider resolutions to issue bonds for five multifamily housing projects. The board will also discuss the FY 2021-2022 operating budget and the Emergency Rental Assistance Program.

• Approval of 2022 draft Qualified Allocation Plan (QAP)
• Up to $10M in bonds for Glen Oaks Apartments in Belle Chasse
• Up to $8.8M note for Lee Hardware & United Jewelers Apartments in Shreveport
• Up to $12.49M in bonds for Galilee Senior Housing in Shreveport
• Up to $10M in bonds for Malcolm Kenner Project in Kenner

The Board unanimously approved the 2022 Draft Qualified Allocation Plan and authorized several million dollars in bonds for housing projects across Louisiana. The Board also approved a Notice of Funding Availability for the Rural Bond Bundle Initiative.

• Approved 2022 Draft Qualified Allocation Plan (unanimous)
• Approved $10M Multifamily Housing Revenue Bonds for Glen Oaks Apartments in Belle Chasse (unanimous)
• Approved $8.8M Multifamily Housing Governmental Note for Lee Hardware & United Jewelers Apartments in Shreveport (unanimous)
• Approved $12,493,342 Multifamily Housing Revenue Bonds for Galilee Senior Housing in Shreveport (unanimous)
• Approved $10M Multifamily Housing Revenue Bonds for Malcolm Kenner Project in Kenner (unanimous)
• Approved $8M Multifamily Housing Revenue Bonds for England Apartments Project in Alexandria (unanimous)
• Approved $6.6M Multifamily Housing Revenue Bonds for Grove Place Project in New Orleans (unanimous)
• Approved issuance of NOFA for the Rural Bond Bundle Initiative (unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board is holding a special meeting to discuss transferring the Emergency Rental Assistance Program (ERAP) to the Division of Administration. The board will also vote on a resolution delegating appointing authority to the Chief Operating Officer. An executive session is planned for investigative proceedings regarding allegations of misconduct.

• Discussion on transferring Emergency Rental Assistance Program (ERAP) from LHC to Division of Administration
• Resolution confirming delegation of appointing authority to Chief Operating Officer Bradley R. Sweazy
• Executive session for investigative proceedings regarding allegations of misconduct

The Board unanimously approved a resolution confirming COO Bradley R. Sweazy as the Appointing Authority to manage the corporation's daily affairs. The Board also discussed the transfer of the Emergency Rental Assistance Program (ERAP) management to the Division of Administration.

• Approved resolution confirming COO Bradley R. Sweazy as Appointing Authority (unanimous)
• Approved motion to enter Executive Session regarding allegations of misconduct (9-0)
• Approved motion to exit Executive Session (9-0)
• Approved motion to amend the agenda (unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors will meet to consider strategies for awarding HOME funds under the 2021 Spring NOFA. The agenda also includes a resolution for a multi-family tax-exempt bond financing strategy and updates on the Emergency Rental Assistance Program.

• Swearing-in of new Board Member Ms. Tonya P. Mabry
• Resolution approving HOME funds award strategies for 2021 Spring NOFA
• Resolution adopting the LHC Open Indenture Program Initiative Strategy
• Update regarding Emergency Rental Assistance Program (ERAP)
• Discussion regarding USDA Housing Preservation Grant

The Board unanimously approved strategies for awarding HOME funds under the 2021 Spring NOFA and adopted the Open Indenture Program Initiative Strategy for Multi-Family Tax-Exempt Bond financing. The Board also approved the minutes from the March 10, 2021 meeting.

• Approved March 10, 2021 meeting minutes (unanimous)
• Approved recommended strategies for awarding HOME funds under 2021 Spring NOFA (unanimous)
• Approved adoption of Open Indenture Program Initiative Strategy for Multi-Family Tax-Exempt Bond financing (unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors will vote on a resolution to issue up to $10 million in Multifamily Housing Revenue Bonds for Glen Oaks Apartments in Belle Chasse, Plaquemines Parish, and to allocate 4% Low-Income Housing Tax Credits. The board will also receive an update on the Emergency Rental Assistance Program (ERAP) and discuss bond bundles and the HOME NOFA. The meeting includes approval of the February 10, 2021 minutes and reports from the Chairman and Executive Director.

• Resolution to issue up to $10,000,000 Multifamily Housing Revenue Bonds for Glen Oaks Apartments and allocate 4% Low-Income Housing Tax Credits
• Update regarding Emergency Rental Assistance Program (ERAP)
• Discussion regarding Bond Bundles
• Discussion regarding HOME NOFA
• Approval of minutes from the February 10, 2021 Board of Directors meeting

The Board approved the issuance of up to $10 million in Multifamily Housing Revenue Bonds for the Glen Oaks Apartments in Belle Chasse. Additionally, the Board voted to receive weekly reports on the Emergency Rental Assistance Program (ERAP).

• Approved $10M Multifamily Housing Revenue Bonds for Glen Oaks Apartments (Unanimous)
• Approved requirement for LHC to provide weekly ERAP reports to the Board (Unanimous)
• Approved February 12, 2021 meeting minutes (Unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors will meet to discuss bond increases, rental facility rankings, and budget updates. The meeting also includes reports on COVID-19 relief efforts and the agency's strategic plan.

• Supplemental Resolution for an additional $1,500,000 in Multifamily Housing Revenue Bonds for Miller Roy Building at 1001 DeSiard Street, Monroe
• Resolution approving final rankings of applicants under the 2021 Qualified Allocation Plan
• Discussion regarding Fiscal Year 2020-2021 Operating Budget versus Actuals
• Update on LHC COVID-19 Relief Efforts

The Board approved additional funding for a Monroe housing project and the final rankings for the 2021 Qualified Allocation Plan. Chairman Lloyd “Buddy” Spillers announced his resignation effective February 11, 2021. The Board also reviewed the FY 2020-21 operating budget and the 2017-2022 strategic plan.

• Approved $1.5M in additional Multifamily Housing Revenue Bonds for Miller Roy Building in Monroe (Unanimous)
• Approved final rankings of applicants under the 2021 Qualified Allocation Plan (Unanimous)
• Approved January 13, 2021 meeting minutes (Unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors is meeting to discuss bond purchases and housing credit allocations. The body will review proposals for single family and multifamily housing revenue bonds and address property description changes for a project in Belle Chasse.

• Proposed purchase of up to $62,500,000 in Single Family Mortgage Revenue and Refunding Bonds
• Proposed purchase of up to $16,000,000 in Multifamily Housing Revenue Bonds for RNDC Baton Rouge at 655 Scenic Hwy
• Name and property description change for Glen Oaks Apartments (formerly St. Claire Estates) in Belle Chasse
• Reprocessing of low-income housing credits for Section 42(h)(4) tax-exempt bond projects closing in Q1 2021
• Update regarding LHC COVID-19 Relief Efforts

The Board approved several resolutions regarding housing bonds and project descriptions. This included the purchase of $62.5M in single family mortgage revenue and refunding bonds and $16M in multifamily housing revenue bonds for RNDC Baton Rouge.

• Approved purchase of up to $62.5M Single Family Mortgage Revenue and Refunding Bonds (Unanimous)
• Approved up to $16M Multifamily Housing Revenue Bonds for RNDC Baton Rouge at 655 Scenic Hwy (Unanimous)
• Approved name, site, and property description changes for Glen Oaks Apartments in Belle Chasse (Unanimous)
• Approved reprocessing low-income housing credits for Section 42(h)(4) tax-exempt bond financed projects (Unanimous)
• Approved November 18, 2020 Administrative and Finance Committee Meeting Minutes (Unanimous)
• Approved November 18, 2020 LHC Full Board of Directors Meeting Minutes (Unanimous)