Housing Corporation Board of Directors public meetings in 2022
42 substantive meetings from 2022, with official agendas or minutes and plain-English summaries.
Housing Corporation Board of Directors
The Louisiana Housing Corporation Board of Directors is meeting to vote on several bond proposals. These include a large-scale purchase of single-family mortgage revenue bonds and multiple multifamily housing revenue bond resolutions for various parishes.
- Approval of up to $85,000,000 in Single Family Mortgage Revenue Bonds
- $5,500,000 in Multifamily Housing Revenue Bonds for Baronne Lofts, New Orleans
- $10,250,000 in Multifamily Housing Revenue Bonds for Caddo Homes, Shreveport
- $8,000,000 in Multifamily Housing Revenue Bonds for Ouachita Homes, Monroe
- $10,000,000 in Multifamily Housing Revenue Bonds for Rapides Homes, Alexandria
The Board unanimously approved six agenda items related to Single Family Mortgage Revenue Bonds. These funds are designated for housing projects in New Orleans, Shreveport, Monroe, Alexandria, and Amite.
- Approved November 09, 2022 meeting minutes (unanimous)
- Approved $85M Single Family Mortgage Revenue Bonds purchase proposal (unanimous)
- Approved $5.5M MHRB for Baronne Lofts in New Orleans (unanimous)
- Approved $10.25M MHRB for Caddo Homes in Shreveport (unanimous)
- Approved $83M MHRB for Ouachita Homes in Monroe (unanimous)
- Approved $10M MHRB for Rapides Homes in Alexandria (unanimous)
- Approved $3.25M MHRB for Tangipahoa Homes in Amite (unanimous)
Housing Corporation Board of Directors
The Programs Committee will consider resolutions authorizing up to $85 million in single-family mortgage revenue bonds and several multifamily housing revenue bonds for projects in New Orleans, Shreveport, Monroe, Alexandria, and Amite. The committee will also hear reports on the Neighborhood Landlord Program, post-COVID contract administration inspections, and HOME ARPA status. Action items include approval of the November 9, 2022 meeting minutes.
- Resolution for $85 million in Single Family Mortgage Revenue Bonds
- Resolution for $5.5 million Multifamily Housing Revenue Bonds for Baronne Lofts in New Orleans
- Resolution for $10.25 million Multifamily Housing Revenue Bonds for Caddo Homes in Shreveport
- Resolution for $8 million Multifamily Housing Revenue Bonds for Ouachita Homes in Monroe
- Resolution for $10 million Multifamily Housing Revenue Bonds for Rapides Homes in Alexandria
The Programs Committee approved the minutes from November 9, 2022. The committee voted to favorably submit several bond purchase proposals for single-family and multifamily housing projects to the Full Board for final approval on December 14, 2022.
- Approved November 09, 2022 Programs Committee Meeting minutes (unanimous)
- Recommended for Full Board approval: purchase of up to $85M Single Family Mortgage Revenue Bonds
- Recommended for Full Board approval: up to $5.5M Multifamily Housing Revenue Bonds for Baronne Lofts in New Orleans
- Recommended for Full Board approval: up to $10.25M Multifamily Housing Revenue Bonds for Caddo Homes in Shreveport
- Recommended for Full Board approval: up to $8M Multifamily Housing Revenue Bonds for Ouachita Homes in Monroe
- Recommended for Full Board approval: up to $10M Multifamily Housing Revenue Bonds for Rapides Homes in Alexandria
- Recommended for Full Board approval: up to $3.25M Multifamily Housing Revenue Bonds for Tangipahoa Homes in Amite
Housing Corporation Board of Directors
The Board unanimously approved the 2024 Draft Qualified Allocation Plan and accepted an external audit report. The Board also approved six separate bond items totaling approximately $166 million for single-family and multifamily housing projects across Louisiana.
- Approved October 19, 2022 meeting minutes (unanimous)
- Accepted Audit Report from External Auditors DHHM LLP (unanimous)
- Approved 2024 Draft Qualified Allocation Plan (unanimous)
- Approved purchase of up to $85M Single Family Mortgage Revenue Bonds (unanimous)
- Approved up to $15.5M Multifamily Housing Revenue Bonds for Arbours at Lake Charles (unanimous)
- Approved up to $10M Multifamily Housing Revenue Bonds for Bayou D’Arbonne Retirement Village (unanimous)
- Approved up to $7.5M Multifamily Housing Revenue Bonds for Cypress Court (unanimous)
- Approved up to $8M for Federal City - Building 10 and $42M for Cypress at Ardendale Phase I (unanimous)
Housing Corporation Board of Directors
The Louisiana Housing Corporation Audit Committee will meet to receive a presentation from external auditors. The discussion focuses on audit results for several housing entities and funds.
- Presentation by Duplantier, Hrapmann, Hogan & Maher, LLP on June 30, 2022 audit results
- Audit review of LHC General Fund and LHC Combined
- Audit review of Willowbrook Apartments
- Audit review of Village de Jardin Apartments
- Audit review of Mid-City Gardens Apartments and Louisiana Housing Authority
The Audit Committee approved the minutes from its September 14, 2022 meeting. The committee also reviewed the June 30, 2022 Audit Results presented by DHHM LLP and voted to submit the report favorably to the Full Board.
- Approved September 14, 2022 Audit Committee Meeting minutes (unanimous)
- Voted to submit June 30, 2022 Audit Results favorably to the Full Board for approval
Housing Corporation Board of Directors
The Programs Committee is meeting to review the draft 2024 Qualified Allocation Plan and consider multiple resolutions for housing revenue bonds. The committee will also vote on bond terms for single-family mortgage revenue bonds and various multifamily housing developments.
- Approval of $85,000,000 in Single Family Mortgage Revenue Bonds
- $15,500,000 in Multifamily Housing Revenue Bonds for Arbours at Lake Charles
- $10,000,000 in Multifamily Housing Revenue Bonds for Bayou D’Arbonne Retirement Village
- $7,500,000 in Multifamily Housing Revenue Bonds for Cypress Court
- $8,000,000 in Multifamily Housing Revenue Bonds for Federal City - Building 10
Housing Corporation Board of Directors
The Louisiana Housing Corporation Board unanimously approved several Mortgage Revenue Bond (MHRB) requests for housing projects in Shreveport, Amite, Alexandria, Monroe, and New Orleans. The Board also approved a Request for Proposals (RFP) for the program management of disaster response and recovery housing programs.
- Approved RFP for Program Management of Disaster Response and Recovery Housing Programs (Unanimous)
- Approved $10,250,000 MHRB for Caddo Homes in Shreveport (Unanimous)
- Approved $3,250,000 MHRB for Tangipahoa Homes in Amite (Unanimous)
- Approved $10M MHRB for Rapides Homes in Alexandria (Unanimous)
- Approved $83M MHRB for Ouachita Homes in Monroe (Unanimous)
- Approved $5.5M MHRB for Baronne Lofts in New Orleans (Unanimous)
- Approved September 14, 2022 meeting minutes (Unanimous)
Housing Corporation Board of Directors
The Louisiana Housing Corporation Programs Committee will discuss Developer Assistance Plan applications and the selection of a program manager for disaster recovery housing. The committee is also deciding on the issuance of revenue bonds for five multifamily housing projects across the state.
- Bonds up to $10,250,000 for Caddo Homes at 2650 Audrey Lane and 2965 Tulsa Street, Shreveport
- Bonds up to $10,000,000 for Rapides Homes at 300 River Bend Dr, 1306 Autumn Orchard Dr, 100 Pin Oak Ln, and 100 Silver Leaf Dr, Alexandria
- Bonds up to $8,000,000 for Ouachita Homes at 101 Preston Loop, 100 Monterey Dr, 101 Vineyard Ct, and 2501 Sunflower St, Monroe
- Bonds up to $5,500,000 for Baronne Lofts Project at 2256 Baronne Street, New Orleans
- Bonds up to $3,250,000 for Tangipahoa Homes at 12714 Shady Groove Loop, Amite
Housing Corporation Board of Directors
The Programs Committee approved the September 13, 2022 meeting minutes and recommended several bond resolutions to the Full Board. These include funding for multifamily housing developments in Shreveport, Amite, Alexandria, Monroe, and New Orleans. The committee also recommended a contract for disaster response and recovery housing program management.
- Approved September 13, 2022 Programs Committee Meeting minutes (unanimous)
- Recommended approval of contract for Program Management of Disaster Response and Recovery Housing Programs
- Recommended issuance of up to $10,250,000 in bonds for Caddo Homes in Shreveport
- Recommended issuance of up to $3,250,000 in bonds for Tangipahoa Homes in Amite
- Recommended issuance of up to $10,000,000 in bonds for Rapides Homes in Alexandria
- Recommended issuance of up to $8,000,000 in bonds for Ouachita Homes in Monroe
- Recommended issuance of up to $5,500,000 in bonds for Baronne Lofts Project in New Orleans
Housing Corporation Board of Directors
The Louisiana Housing Corporation Board of Directors is meeting to vote on multiple bond issuances and housing developments. The agenda includes authorizing significant mortgage revenue bonds and approving site changes for Live Oak Village.
- Authorization of up to $85,000,000 in Single Family Mortgage Revenue Bonds
- Site relocation and design change for Live Oak Village to 1302 Country Club Road, Lake Charles
- Proposed $18,000,000 bond issuance for a 195-unit development in Bossier City
- Proposed $17,000,000 bond issuance for the 4100 Bywater project in New Orleans
- Proposed $8,500,000 bond issuance for a 100-unit development in Shreveport
The Board unanimously approved several multifamily housing revenue bonds and a site design change for Live Oak Village. It also authorized $22 million in bonds for the 4100 Bywater project in New Orleans and adopted a compliance questionnaire for audit engagements.
- Approved $85M of LHC SF MRB (Unanimous)
- Approved change in site location and design for Live Oak Village in Lake Charles (Unanimous)
- Approved $18M MHRB for CH Housing Partners, LLC in Bossier City (Unanimous)
- Approved $8.5M MHRB for GWT Housing Partners, LLC in Shreveport (Unanimous)
- Approved $22M Multifamily Housing Revenue Bonds for 4100 Bywater in New Orleans (Unanimous)
- Adopted the Louisiana Compliance Questionnaire for Audit Engagements of Governmental Entities (Unanimous)
- Approved August 10, 2022 meeting minutes (Unanimous)
Housing Corporation Board of Directors
The Louisiana Housing Corporation Audit Committee is meeting to approve the minutes from the April 11, 2022, meeting. The committee will also vote on a resolution to adopt the completed Louisiana Compliance Questionnaire for Audit Engagements of Governmental Entities.
- Approval of April 11, 2022, Audit Committee Meeting minutes
- Resolution adopting the Louisiana Compliance Questionnaire for Audit Engagements of Governmental Entities
The Audit Committee approved the minutes from the April 11, 2022 meeting. The committee also voted to favorably submit the Louisiana Compliance Questionnaire for Audit Engagements of Governmental Entities to the Full Board for approval.
- Approved April 11, 2022 Audit Committee Meeting minutes (unanimous)
- Voted to submit Louisiana Compliance Questionnaire for Audit Engagements of Governmental Entities favorably to the Full Board
Housing Corporation Board of Directors
The Louisiana Housing Corporation Programs Committee is meeting to vote on several bond issuances for housing developments and program management contracts. The body will also discuss energy assistance grants and supportive services for Mid-City Gardens Apartments.
- Issuance of up to $85,000,000 in Single Family Mortgage Revenue Bonds
- Up to $18,000,000 in bonds for 195 units at 1300 Carver St, 1321 Hamilton Circle, and 502 North Circle, Bossier City
- Up to $17,000,000 in bonds for 4100 Bywater at Royal St and Mazant St, New Orleans
- Up to $8,500,000 in bonds for 100 units at 4619 Luciana Circle, Shreveport
- Relocation of Live Oak Village to 1302 Country Club Road, Lake Charles, reducing buildings from 25 to 6
Housing Corporation Board of Directors
The Programs Committee voted to favorably submit several bond issuances and a site change to the Full Board for final approval. The committee also supported a notice of opportunity for supportive services at Mid-City Gardens Apartments and withdrew an RFP for disaster recovery program management.
- Approved August 09, 2022 meeting minutes (unanimous)
- Supported issuance of Notice of Opportunity for non-profits to provide supportive services at Mid-City Gardens Apartments
- Recommended approval of up to $85M in Single Family Mortgage Revenue Bonds to the Full Board
- Recommended approval of site and location change for Live Oak Village in Lake Charles to the Full Board
- Recommended approval of $18M MHRB for CH Housing Partners, LLC in Bossier City to the Full Board
- Recommended approval of $17M MHRB for 4100 Bywater in New Orleans to the Full Board
- Recommended approval of $8.5M MHRB for GWT Housing Partners, LLC in Shreveport to the Full Board
- Withdrew RFP for Program Management of Disaster Response and Recovery Housing Programs
Housing Corporation Board of Directors
The Louisiana Housing Corporation Administration Committee will meet to discuss the agency's strategic plan for Fiscal Year 2023. The committee will also receive updates on internal policy and litigation.
- Discussion regarding the LHC Fiscal Year 2023 Strategic Plan
- Update regarding litigation and internal policy
- Approval of the June 14, 2022 Administration Committee Meeting minutes
Housing Corporation Board of Directors
The Louisiana Housing Corporation Board will consider approving the draft 2024 Qualified Allocation Plan for low-income housing tax credits. They will also vote on issuing up to $168 million in bonds for single-family mortgages and five multifamily developments across the state. The meeting includes reports from the chairman, executive director, and external auditors on audit results.
- Resolution approving the draft 2024 Qualified Allocation Plan (QAP)
- Resolution for $85,000,000 in single-family mortgage revenue bonds
- Resolution for $15,500,000 in bonds for Arbours at Lake Charles (1100 block Country Club Rd, Lake Charles)
- Resolution for $10,000,000 in bonds for Bayou D'Arbonne Retirement Village (700 W Pinecrest Rd, West Monroe)
- Resolution for $42,000,000 in bonds for Cypress at Ardendale Phase I (1701 N Ardenwood Dr, Baton Rouge)
Housing Corporation Board of Directors
The Louisiana Housing Corporation Board will vote on the HOME-ARP Allocation Plan, authorize a Request for Proposals for disaster recovery housing program management, and approve supplemental bond resolutions for four multifamily housing projects. The board will also recognize a member's election as LMA president and receive reports from the chairman and executive director.
- Approval of HOME-ARP Allocation Plan (Exhibit A) using American Rescue Plan funds
- Authorization of RFP for Program Management of Disaster Response and Recovery Housing Programs
- Supplemental bond increase of $500,000 for Park Homes of Iowa (Calcasieu Parish)
- Supplemental bond increase of $2,500,000 for Peace Lake Towers Apartments (New Orleans)
- Supplemental bond increase of $1,500,000 for Lotus Village Project (Baton Rouge) and $1,500,000 for St. Claude Gardens II (New Orleans)
Housing Corporation Board of Directors
The Louisiana Housing Corporation Board of Directors approved the HOME-ARP Allocation Plan, authorized a Request for Proposals for a Disaster Master Servicer, and approved additional bond funding for four multifamily housing projects. The board also discussed concerns about potential regionalization of HUD's Performance-Based Contract Administration and its impact on Louisiana.
- Approved the HOME-ARP Allocation Plan (Exhibit A) for housing assistance
- Authorized RFP for a Disaster Master Servicer for disaster response and recovery housing programs
- Approved additional $500,000 in bonds for Park Homes of Iowa (Calcasieu Parish) and $2,500,000 for Peace Lake Towers (New Orleans)
- Approved additional $1,500,000 in bonds for Lotus Village (Baton Rouge) and $1,500,000 for St. Claude Gardens II (Lower 9th Ward, New Orleans)
The Board approved several supplemental resolutions to increase funding for multifamily housing projects in Iowa, New Orleans, and Baton Rouge. The Board also approved the HOME-ARP Allocation Plan and authorized a request for proposals for a Disaster Master Servicer.
- Approved HOME-ARP Allocation Plan (unanimous)
- Authorized RFP for a Disaster Master Servicer (unanimous)
- Approved additional $500,000 in bonds for Park Homes of Iowa (unanimous)
- Approved additional $2,500,000 in bonds for Peace Lake Towers Apartments (unanimous)
- Approved additional $1,500,000 in bonds for Lotus Village Project (unanimous)
- Approved additional $1,500,000 in bonds for St. Claude Gardens II (unanimous)
- Approved July 13, 2022 meeting minutes (unanimous)
- Passed resolution commending Board Member Jennifer Vidrine (unanimous)
Housing Corporation Board of Directors
The Louisiana Housing Corporation Programs Committee will consider several action items, including a resolution to approve the HOME-ARP Allocation Plan using American Rescue Plan funds. The committee will also vote on authorizing a request for proposals for disaster response and recovery housing programs, and approve supplemental bond resolutions for four multifamily housing projects totaling $6 million in additional bonds.
- Resolution to approve HOME-ARP Allocation Plan
- Authorization to issue RFP for Disaster Response and Recovery Housing Programs
- Supplemental bond resolution for Peace Lake Towers ($2,500,000) in New Orleans
- Supplemental bond resolution for Lotus Village ($1,500,000) in Baton Rouge
- Supplemental bond resolution for St. Claude Gardens II ($1,500,000) in New Orleans
The Programs Committee approved the July 12, 2022 meeting minutes. The committee voted to favorably submit several resolutions to the Full Board, including a HOME-ARP Allocation Plan, a disaster response RFP, and bond increases for four housing projects.
- Approved July 12, 2022 Programs Committee Meeting Minutes (unanimous)
- Recommended approval of HOME-ARP Allocation Plan to Full Board
- Recommended authorization of RFP for Disaster Master Servicer to Full Board
- Recommended $500,000 bond increase for Park Homes of Iowa to Full Board
- Recommended $2,500,000 bond increase for Peace Lake Towers Apartments to Full Board
- Recommended $1,500,000 bond increase for Lotus Village Project to Full Board
- Recommended $1,500,000 bond increase for St. Claude Gardens II to Full Board
Housing Corporation Board of Directors
The Louisiana Housing Corporation Board of Directors will hold its annual meeting to elect a chair and vice-chair for 2022-2023 and consider two action items: removing the hold status on Millennium Studios Apartments Phase IV and approving up to $24 million in multifamily housing revenue bonds for the KHA Affordable Properties Project in Kenner. The executive director will also deliver a report.
- Election of 2022-2023 board chairperson and vice-chairperson
- Resolution to remove hold status on Millennium Studios Apartments Phase IV
- Resolution to accept proposal for up to $24,000,000 in multifamily housing revenue bonds for KHA Affordable Properties Project at scattered sites near 1013 31st Street, Kenner
- Approval of minutes from June 15, 2022 regular meeting
The Board approved the purchase of up to $24 million in Multifamily Housing Revenue Bonds for the KHA Affordable Properties Project in Kenner. The Board also removed the hold status for Millennium Studios Apartments Phase IV and elected its 2022-2023 officers.
- Approved $24M Multifamily Housing Revenue Bonds for KHA Affordable Properties Project (Unanimous)
- Approved removing hold status and funding Millennium Studios Apartments Phase IV (Unanimous)
- Elected Anthony P. Marullo, III as Board Chairman (Acclamation)
- Elected Tonya P. Mabry as Board Vice-Chairwoman (Acclamation)
- Approved June 15, 2022 meeting minutes (Unanimous)
Housing Corporation Board of Directors
The Programs Committee will discuss the Developer Assistance Plan, the 2024 QAP timeline, and site inspections for LHC voucher sites. The committee is also scheduled to consider a resolution for a bond purchase not to exceed $24,000,000 for KHA Affordable Properties Project.
- Resolution for up to $24,000,000 in Multifamily Housing Revenue Bonds for KHA Affordable Properties Project in Kenner
- Resolution to remove hold status on Millennium Studios Apartments Phase IV
- Discussion regarding 2024 QAP and QAP Timeline
- Discussion regarding Developer Assistance Plan
- Discussion regarding Site Inspections for LHC Voucher sites
The Programs Committee approved several items to be submitted to the Full Board for final approval, including a bond purchase for a Kenner project and the funding status of Millennium Studios Apartments Phase IV. The committee also discussed the Developer Assistance Plan and the 2024 QAP timeline.
- Approved minutes of May 10, 2022 Programs Committee Meeting (unanimous)
- Recommended approval to Full Board for $24M Multifamily Housing Revenue Bonds for KHA Affordable Properties Project in Kenner
- Recommended approval to Full Board to remove hold status and fund Millennium Studios Apartments Phase IV in Caddo Parish
Housing Corporation Board of Directors
The Louisiana Housing Corporation Board of Directors will decide on the Fiscal Year 2023 operating budget and staffing plan. The board is also considering revenue bonds for multifamily housing projects in Shreveport and New Orleans.
- Up to $15,000,000 in Multifamily Housing Revenue Bonds for Fairmont Towers at 726 Cotton Street, Shreveport
- Up to $4,500,000 in Multifamily Housing Revenue Bonds for St. Claude Gardens II in New Orleans
- Change in units for Kay Crossing II at 1352 SE Railroad Ave, Ponchatoula, from 36 units to 25 units
- Approval of the Fiscal Year 2023 LHC Operating Budget
- Approval of the LHC Fiscal Year 2023 Staffing Plan
The Board unanimously approved the operating budget and staffing plan for the fiscal year ending June 30, 2023. Several property-related proposals and the recognition of Homeownership Month were also approved. The Board swore in new member Willie Robinson.
- Approved FY2023 Operating Budget (unanimous)
- Approved FY2023 Staffing Plan (unanimous)
- Approved $15M MHRB purchase proposal by Stifel Nicolaus & Company for Fairmont Towers in Shreveport (unanimous)
- Approved $4.5M MHRB purchase proposal by Home Bank for St. Claude Gardens II in New Orleans (unanimous)
- Approved change in number of buildings and units for Kay Crossing II in Ponchatoula (unanimous)
- Approved recognition of June 2022 as Homeownership Month (unanimous)
- Approved May 11, 2022 meeting minutes (unanimous)
- Swore in new Board Member Willie Robinson
Housing Corporation Board of Directors
The Administration Committee approved the LHC FY 2023 Staffing Plan and recommended it favorably for the June 15, 2022 Board of Directors Meeting. The committee also approved the minutes from the April 12, 2022 meeting.
- Approved LHC FY 2023 Staffing Plan (unanimous)
- Approved April 12, 2022 Administration Committee Meeting minutes (unanimous)
Housing Corporation Board of Directors
The Louisiana Housing Corporation Administration Committee is meeting to review and discuss agency operations. The agenda includes approving previous meeting minutes and considering the Fiscal Year 2023 Staffing Plan.
- Approval of the April 12, 2022, Administration Committee Meeting minutes
- Discussion regarding approval of LHC FY 23 Staffing Plan
Housing Corporation Board of Directors
The Budget and Finance Committee unanimously approved the draft FY23 LHC Operating Budget to be reported to the Full Board. The budget includes projected total operating receipts of $20,596,100 and total operating expenditures of $20,440,319.
- Approved Minutes of the April 05, 2022 BFC Meeting (unanimous)
- Approved FY23 Operating Budget to be favorably reported to the Full Board (unanimous)
Housing Corporation Board of Directors
The Louisiana Housing Corporation Budget and Finance Committee is meeting to discuss the operating budget for Fiscal Year 2023, covering July 1, 2022, through June 30, 2023. The committee will also consider the approval of minutes from the April 5, 2022 meeting.
- Discussion regarding Approval of the Fiscal Year 2023 LHC Operating Budget
- Approval of the April 05, 2022 Budget and Finance Committee Meeting minutes
Housing Corporation Board of Directors
The Budget and Finance Committee will meet to discuss and vote on adopting a short-term LHC operating budget for the period of July 1, 2024, through September 1, 2024. The committee will also review minutes from the June 4, 2024, meeting.
- Adoption of a short-term LHC operating budget (July 01, 2024 - September 01, 2024)
- Approval of the June 04, 2024, Budget and Finance Committee meeting minutes
Housing Corporation Board of Directors
The Louisiana Housing Corporation Board of Directors is meeting to vote on several multifamily housing projects and bond purchases. The board will also review the 2022 State Plan for the Louisiana Weatherization Assistance Program.
- Purchase of up to $75,000,000 in Single Family Mortgage Revenue Bonds
- Additional $1,555,560 for The Reserve at Juban Lakes Project in Denham Springs
- Additional $1,280,560 for Morningside at Juban Lakes Project in Denham Springs
- Proposed bonds up to $24,000,000 for KHA Affordable Properties Project in Kenner
- Proposed bonds up to $15,000,000 for Parkview Apartments Project in Monroe
The Board unanimously approved a group of nine agenda items covering various housing projects and the Weatherization Assistance Program. Additionally, the Board designated Executive Director Joshua G. Hollins as the authorized signatory for the corporation.
- Approved April 13, 2022 meeting minutes (unanimous)
- Approved $75M MHRB (unanimous)
- Approved The Reserve at Juban Lakes Project (unanimous)
- Approved Morningside at Juban Lakes Project (unanimous)
- Approved Park Homes of Iowa (unanimous)
- Approved Trishelle Apartments Project (unanimous)
- Approved Parkview Apartments Project (unanimous)
- Approved KHA Affordable Properties Project (unanimous)
Housing Corporation Board of Directors
The Louisiana Housing Corporation Programs Committee is reviewing various rental assistance programs, tax credit allocations, and multifamily housing developments. The committee will also consider resolutions for bond purchases and site design changes for apartment projects.
- Approval of up to $75,000,000 in Single Family Mortgage Revenue Bonds
- Additional $1,555,560 for The Reserve at Juban Lakes Project in Denham Springs
- Additional $1,280,560 for Morningside at Juban Lakes Project in Denham Springs
- Proposed $7,000,000 in bonds for Trishelle Apartments Project in Monroe
- Proposed $15,000,000 in bonds for Parkview Apartments Project in Monroe
Housing Corporation Board of Directors
The Board authorized the issuance of $75M in Single Family Mortgage Revenue Bonds and approved the 2022/2023 Qualified Allocation Plan rankings. The Board also approved the employment agreement for Executive Director Joshua G. Hollins and an additional $3.2M in bonds for the Lake Forest Manor Project.
- Approved issuance of up to $75M Single Family Mortgage Revenue Bonds (unanimous)
- Approved final rankings of applicants under the 2022/2023 Qualified Allocation Plan (unanimous)
- Approved additional $3.2M in bonds for Lake Forest Manor Project in New Orleans (unanimous)
- Approved employment agreement for Executive Director Joshua G. Hollins (unanimous)
- Approved resolution declaring April 2022 as Fair Housing Month (unanimous)
- Accepted Louisiana Legislative Auditor Performance Audit report issued Feb 17, 2022 (unanimous)
- Referred New LHC Programs matter back to Budget and Finance Committee (unanimous)
- Approved March 09, 2022 meeting minutes (unanimous)
Housing Corporation Board of Directors
The Audit Committee unanimously approved the minutes from the December 7, 2021 meeting. The committee also reported favorably on the Louisiana Housing Corporation's responses and implementation of recommendations from the Louisiana Legislative Auditor's performance audit issued February 17, 2022.
- Approved December 07, 2021 Audit Committee Meeting minutes (unanimous)
- Reported favorably on LHC responses to the LLA Performance Audit of Operational Policies and Procedures
Housing Corporation Board of Directors
The Programs Committee will consider a resolution authorizing up to $75 million in Single Family Mortgage Revenue Bonds. The committee will also discuss the 2022 Louisiana Legislative Regular Session and receive an update on pending disaster funding. Additionally, a resolution acknowledging April 2022 as Fair Housing Month is up for action, and final rankings of applicants under the 2022/2023 Qualified Allocation Plan for rental facilities will be discussed.
- Resolution to issue up to $75M in Single Family Mortgage Revenue Bonds
- Discussion on 2022 Louisiana Legislative Regular Session
- Update on pending disaster funding
- Resolution acknowledging April 2022 as Fair Housing Month
- Discussion on final rankings of 2022/2023 QAP applicants for rental facilities
Housing Corporation Board of Directors
The Budget & Finance Committee of the Louisiana Housing Corporation Board of Directors will meet to discuss the agency's operating budget for Fiscal Year 2022 and the proposed budget for Fiscal Year 2023. The meeting also includes reports from the Committee Chairman and the Interim-Executive Director.
- Discussion regarding Fiscal Year 2022 LHC Operating Budget
- Discussion regarding Fiscal Year 2023 LHC Operating Budget
Housing Corporation Board of Directors
The Executive Director Search Committee will conduct interviews with candidates for the Louisiana Housing Corporation Executive Director position. The committee may also enter an executive session to discuss personnel matters.
- Interview with Mr. Joshua Hollins
- Interview with Dr. Janice Mercier Wade
- Note that candidate Paul Diggs withdrew from consideration
Housing Corporation Board of Directors
The board is voting to appoint a new executive director for the Louisiana Housing Corporation, following a search process that included a consultant and interviews of three candidates. The resolution authorizes the appointment and delegates powers to the new director.
- Appointment of executive director for Louisiana Housing Corporation
- Employment contract to be negotiated by board chair or designee
- Delegation of powers to the new executive director
Housing Corporation Board of Directors
The Louisiana Housing Corporation Board of Directors will vote on resolutions to issue up to $15 million in multifamily housing revenue bonds for Fairmont Towers in Shreveport and up to $4.5 million for St. Claude Gardens II in New Orleans, both with 4% Low-Income Housing Tax Credits. The board will also discuss a contract with The Sexton Law Firm for legal representation. The meeting includes approval of prior minutes and reports from the chairman and interim executive director.
- Resolution to issue up to $15,000,000 in Multifamily Housing Revenue Bonds for Fairmont Towers at 726 Cotton Street, Shreveport, Caddo Parish, and allocate 4% Low-Income Housing Tax Credits.
- Resolution to issue up to $4,500,000 in Multifamily Housing Revenue Bonds for St. Claude Gardens II on 22 scattered sites in the Lower 9th Ward, New Orleans, Orleans Parish, and allocate 4% Low-Income Housing Tax Credits.
- Discussion on entering into a contract with The Sexton Law Firm to represent the LHC Board of Directors.
- Approval of the minutes from the February 9, 2022 Board of Directors meeting.
- Reports from the Board Chairman and the Interim-Executive Director.
The Board unanimously approved the issuance of Multifamily Housing Revenue Bonds for two developments in Shreveport and New Orleans. The Board also approved a contract for legal services with The Sexton Law Firm.
- Approved February 09, 2022 meeting minutes (unanimous)
- Approved issuance of up to $15M in bonds for Fairmont Towers in Shreveport (unanimous)
- Approved issuance of up to $4.5M in bonds for St. Claude Gardens I in New Orleans (unanimous)
- Approved contract with The Sexton Law Firm for legal assistance (unanimous)
Housing Corporation Board of Directors
The Louisiana Housing Corporation Administration Committee is meeting to review human resources updates and multi-family housing jurisdictional notices. The board will also discuss a potential contract for legal services.
- Discussion regarding a contract with The Sexton Law Firm for board representation
- Discussion regarding Multi-Family Housing Development Jurisdictional Notices
- Updates on employee development and the employee ethics hotline
- Approval of February 08, 2022 meeting minutes
Housing Corporation Board of Directors
The Programs Committee is meeting to discuss resolutions for issuing multifamily housing revenue bonds. The committee will also review the 2022 Louisiana Legislative Regular Session and approve previous meeting minutes.
- Resolution to issue up to $15,000,000 in bonds for Fairmont Towers at 726 Cotton Street, Shreveport
- Resolution to issue up to $4,500,000 in bonds for St. Claude Gardens II at 22 sites in New Orleans' Lower 9th Ward
- Approval of January 26, 2022, meeting minutes
The Programs Committee approved submitting two multifamily housing revenue bond requests to the Full Board for final approval on March 9, 2022. The committee also discussed legislative tracking for the upcoming session and housing transfer assistance for residents in New Orleans.
- Approved January 26, 2022 Programs Committee meeting minutes (unanimous)
- Recommended $15M in Multifamily Housing Revenue Bonds for Fairmont Towers in Shreveport for Full Board approval
- Recommended $4.5M in Multifamily Housing Revenue Bonds for St. Claude Gardens II in New Orleans for Full Board approval
Housing Corporation Board of Directors
The Louisiana Housing Corporation Board will consider approving an additional $1,000,000 in multifamily housing revenue bonds for the Grove Place Project in New Orleans, along with site and design changes for other projects. The board will also swear in three new members appointed by the governor. The meeting includes reports from the chairman and interim executive director, and an update on the executive director search.
- Approval of $1,000,000 supplemental resolution for JPMorgan Chase Bank to purchase additional multifamily housing revenue bonds for Grove Place Project at Earhart Boulevard and Monroe Street, New Orleans
- Approval of resolution authorizing a site change for Sea Holly Grande Project at 4440 North Blvd., Baton Rouge
- Approval of resolution authorizing design change for Holly Square I and II in Hammond, from seven buildings of 40 units each to one building of 36 units plus community center
- Swearing-in of new board members Alfred E. Harrell III, Steven J. Hattier, and Brandon O. Williams
- Update from search firm SSA Consultants on executive director search
The Board approved supplemental funding for the Grove Place Project and authorized site and design changes for the Sea Holly Grande and Holly Square projects. Three new board members were sworn in, and the Board discussed the ongoing Executive Director search process.
- Swore in new board members Alfred E. Harrell, III, Steven J. Hattier, and Brandon O. Williams
- Approved January 12, 2022 meeting minutes (unanimous)
- Approved $1M in additional Multifamily Housing Revenue Bonds for Grove Place Project in New Orleans (unanimous)
- Approved site and property description change for Sea Holly Grande #2020-037 Project in Baton Rouge (unanimous)
- Approved site design changes for Holly Square I and Holly Square II in Tangipahoa Parish (unanimous)
Housing Corporation Board of Directors
The Louisiana Housing Corporation Administrative Committee will meet to receive reports from the Chairman, Interim-Executive Director, and Human Resources Director. Discussions include community outreach efforts, employee development, and procurement of an ethics hotline.
- Update on H3C Groundbreaking Press Release
- Update on procurement of Employee Ethics Hotline
- Report on employment development and DDI leadership courses
- Review of Humanizing Homeless (BR Proud) news
Housing Corporation Board of Directors
The Louisiana Housing Corporation Board's Executive Director Search Committee will meet to discuss an update from search firm SSA Consultants on the search for a permanent executive director. The committee will also take public comments on the search and approve minutes from the January 11, 2022 meeting.
- Approval of January 11, 2022 Executive Director Search Committee meeting minutes
- Public input session limited to two minutes per speaker on the executive director search
- Discussion of update from search firm SSA Consultants
- Meeting held at V. Jean Butler Boardroom, 2415 Quail Drive, Baton Rouge
Housing Corporation Board of Directors
The Louisiana Housing Corporation Programs Committee is meeting to discuss homelessness solutions, lead hazard control, and disaster housing response. The committee will also consider several resolutions regarding bond purchases and property design changes.
- Approval of $1,000,000 additional purchase of Multifamily Housing Revenue Bonds for Grove Place Project
- Site and property description change for Sea Holly Grande #2020-037 Project in Baton Rouge
- Design change for Holly Square I and II from seven buildings to one building and a community center
- Discussion regarding Crescent Garden Homes Market-Rate Homes
- Discussion regarding Multifamily Rural Bond Bundle
The Programs Committee unanimously approved the minutes from December 15, 2021. The committee voted to favorably submit resolutions for the Grove Place Project, Sea Holly Grande, and Holly Square I and II to the full board for final approval on February 9, 2022. Other items including lead hazard control and homelessness solutions were discussed without formal action.
- Approved December 15, 2021 Programs Committee Meeting minutes (unanimous)
- Recommended approval of Grove Place Project supplemental resolution (submitted favorably to Full Board)
- Recommended approval of Sea Holly Grande resolution (submitted favorably to Full Board)
- Recommended approval of Holly Square I and Holly Square II resolution (submitted favorably to Full Board)
Housing Corporation Board of Directors
The Louisiana Housing Corporation Board of Directors will meet to review audit results and discuss various housing programs. Key actions include adopting the HOME budget and approving a proposal for multifamily housing revenue bonds.
- Acceptance of external audit results for LHC General Fund, Willowbrook Apartments, Village de Jardin Apartments, Mid-City Gardens Apartments, and Louisiana Housing Authority
- Resolution adopting the LHC HOME Budget for the fiscal year ending June 30, 2022
- Proposal for up to $34,000,000 in Multifamily Housing Revenue Bonds for The Reserve at Howell Place at 4201 Ford East Street
- Updates on Emergency Rental Assistance Program (ERAP) and Homeowner Assistance Fund (HAF)
- Approval of position posting, search timeline, and public input sessions for the Executive Director search
The Board approved the FY 2022 HOME Budget and accepted the June 30, 2021 external audit report. Additionally, the Board authorized the purchase of multifamily housing revenue bonds for a project in Baton Rouge.
- Approved November 10, 2021 meeting minutes (Unanimous)
- Approved acceptance of June 30, 2021 External Audit Report from DHHM LLP (Unanimous)
- Approved Resolution adopting the LHC HOME Budget for FY ending June 30, 2022 (Unanimous)
- Approved purchase of up to $34,000,000 in Multifamily Housing Revenue Bonds for The Reserve at Howell Place at 4201 Ford Street, Baton Rouge (Unanimous)
Housing Corporation Board of Directors
The Louisiana Housing Corporation Executive Director Search Committee is meeting to coordinate the hiring process for a new director. The body will review updates from a search firm and discuss the timeline and public input for the position.
- Update from search firm SSA Consultants
- Review and approval of the position posting
- Approval of the search timeline
- Approval of public input sessions