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Housing Corporation Board of Directors, LA

Housing Corporation Board of Directors public meetings in 2022

42 substantive meetings from 2022, with official agendas or minutes and plain-English summaries.

Wed Dec 14, 2022

Housing Corporation Board of Directors

LHC Board to consider $85 million in single-family mortgage revenue bonds

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.

housingbondsfinancemortgageaffordable-housingmultifamily
✓ Decided: LHC Board approves over $197M in mortgage revenue bonds

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.

Tue Dec 13, 2022

Housing Corporation Board of Directors

LHC board to vote on $85M single-family mortgage revenue bonds

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.

✓ Decided: Programs Committee recommends several million-dollar bond purchases for full board approval

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.

Wed Nov 9, 2022

Housing Corporation Board of Directors

✓ Decided: LHC Board approves $166M in housing bonds and 2024 Draft Qualified Allocation Plan

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.

Wed Nov 9, 2022

Housing Corporation Board of Directors

Audit Committee to review June 30, 2022 audit results

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.

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✓ Decided: Audit Committee recommends June 2022 audit results for Full Board approval

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.

Wed Nov 9, 2022

Housing Corporation Board of Directors

LHC Committee to discuss $85 million bond purchase and several housing projects

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.

housingbondsaffordable-housingfinancemortgage-revenue-bondslow-income-housing
Wed Oct 19, 2022

Housing Corporation Board of Directors

✓ Decided: LHC Board approves multiple MHRB funding requests and a program management RFP

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.

Wed Oct 19, 2022

Housing Corporation Board of Directors

LHC Programs Committee to vote on multifamily housing revenue bonds

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.

housingbondsmultifamily-housingdisaster-recoverytax-credits
Wed Oct 19, 2022

Housing Corporation Board of Directors

✓ Decided: Programs Committee recommends several multifamily housing bond issues for approval

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.

Wed Sep 14, 2022

Housing Corporation Board of Directors

LHC Board considers $85 million in mortgage revenue bonds and several housing projects

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.

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✓ Decided: LHC Board approves multiple housing bond issues and site changes

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.

Wed Sep 14, 2022

Housing Corporation Board of Directors

Audit Committee to review compliance questionnaire and previous minutes

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.

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✓ Decided: Audit Committee recommends approval of Louisiana Compliance Questionnaire

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.

Tue Sep 13, 2022

Housing Corporation Board of Directors

LHC Programs Committee to consider $85 million in single family mortgage bonds

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.

housingbondsmultifamily-housingenergy-assistancedisaster-recovery
Tue Sep 13, 2022

Housing Corporation Board of Directors

✓ Decided: Programs Committee recommends $129.5M in bonds for various housing projects

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.

Tue Sep 13, 2022

Housing Corporation Board of Directors

LHC Administration Committee to discuss Fiscal Year 2023 Strategic Plan

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.

housingstrategic-planninggovernment-administration
Fri Sep 9, 2022

Housing Corporation Board of Directors

Board to vote on 2024 housing tax credit plan and $168M in bonds

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.

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Wed Aug 10, 2022

Housing Corporation Board of Directors

LHC board to vote on HOME-ARP plan, disaster housing RFP, and bond increases

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.

housingbondsdisaster-recoveryaffordable-housingamerican-rescue-planpublic-housing
Wed Aug 10, 2022

Housing Corporation Board of Directors

Board approves HOME-ARP Allocation Plan for housing assistance

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.

housingbondsdisaster-recoveryhome-arpmultifamily-housingaffordable-housinglouisiana-housing-corporation
✓ Decided: LHC Board approves multiple multifamily housing bond increases

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.

Tue Aug 9, 2022

Housing Corporation Board of Directors

Programs Committee to vote on HOME-ARP plan and approve bonds for four projects

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.

housingbondsmultifamilydisaster-recoveryhome-arpamerican-rescue-planpublic-housing
✓ Decided: Programs Committee recommends several housing bond increases for Full Board approval

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.

Wed Jul 13, 2022

Housing Corporation Board of Directors

Board to vote on $24M bond for KHA Affordable Properties in Kenner

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.

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✓ Decided: LHC Board approves $24M in bonds for KHA Affordable Properties Project

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.

Tue Jul 12, 2022

Housing Corporation Board of Directors

LHC Committee discusses $24 million bond purchase for Kenner housing project

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.

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✓ Decided: Programs Committee recommends $24M in bonds for Kenner affordable housing

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.

Wed Jun 15, 2022

Housing Corporation Board of Directors

LHC Board to vote on FY2023 operating budget and housing revenue bonds

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.

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✓ Decided: LHC Board approves FY2023 operating budget and 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.

Tue Jun 14, 2022

Housing Corporation Board of Directors

✓ Decided: Administration Committee approves FY 2023 Staffing Plan

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.

Tue Jun 14, 2022

Housing Corporation Board of Directors

LHC Administration Committee to discuss FY 23 Staffing Plan

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.

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Tue Jun 14, 2022

Housing Corporation Board of Directors

✓ Decided: Budget and Finance Committee approves draft FY23 operating budget

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.

Tue Jun 14, 2022

Housing Corporation Board of Directors

LHC Budget and Finance Committee to discuss Fiscal Year 2023 operating budget

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.

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Sat Jun 11, 2022

Housing Corporation Board of Directors

LHC Committee to consider short-term operating budget

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.

budgetfinancehousinggovernment-operations
Wed May 11, 2022

Housing Corporation Board of Directors

LHC Board considers $75 million in single family mortgage revenue bonds

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.

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✓ Decided: LHC Board approves multiple housing projects and sets new signatory authority

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.

Tue May 10, 2022

Housing Corporation Board of Directors

LHC Programs Committee considers $75 million bond and several housing projects

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.

housingbondsaffordable-housingrental-assistancetax-creditsinfrastructure
Wed Apr 13, 2022

Housing Corporation Board of Directors

✓ Decided: LHC approves $75M in bonds and 2022-2023 QAP residential rental rankings

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.

Mon Apr 11, 2022

Housing Corporation Board of Directors

✓ Decided: Audit Committee approves responses to LLA performance audit

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.

Wed Apr 6, 2022

Housing Corporation Board of Directors

Board to vote on $75M in single-family mortgage revenue bonds

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.

housingbondsfair-housingdisaster-fundinglegislative-sessionqualified-allocation-plansingle-family-mortgage
Tue Apr 5, 2022

Housing Corporation Board of Directors

LHC Committee to discuss FY2022 and FY2023 operating budgets

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.

budgetfinancehousinggovernment-operations
Wed Mar 23, 2022

Housing Corporation Board of Directors

LHC Search Committee to interview candidates for Executive Director

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.

housingpersonnelhiringgovernment-leadership
Wed Mar 23, 2022

Housing Corporation Board of Directors

Board to appoint executive director of Louisiana Housing Corporation

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.

housingappointmentexecutive-directorboard-of-directors
Wed Mar 9, 2022

Housing Corporation Board of Directors

Board to consider $15M bond for Fairmont Towers multifamily project

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.

housingbondslow-income-housing-tax-creditsmultifamily-housingshreveportnew-orleanslegal-services
✓ Decided: LHC approves $19.5M in bonds for housing projects and new legal contract

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.

Tue Mar 8, 2022

Housing Corporation Board of Directors

LHC Administration Committee to discuss legal representation and housing notices

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.

housinglegal-serviceshuman-resourcesadministration
Wed Feb 23, 2022

Housing Corporation Board of Directors

LHC Committee considers $19.5 million in multifamily housing bonds

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.

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✓ Decided: Programs Committee recommends bond funding for two housing projects

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.

Wed Feb 9, 2022

Housing Corporation Board of Directors

Board to vote on $1M additional bonds for New Orleans housing project

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.

housingbondsboard-meetingnew-orleansbaton-rougehammondpublic-housing
✓ Decided: LHC Board approves additional $1M in bonds for Grove Place Project

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.

Tue Feb 8, 2022

Housing Corporation Board of Directors

LHC Administrative Committee to discuss agency updates and outreach

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.

housingadministrationhuman-resourcesprocurementcommunity-outreach
Tue Feb 8, 2022

Housing Corporation Board of Directors

Search committee to discuss update from firm on executive director search

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.

housingexecutive-director-searchboard-of-directorspublic-commentssa-consultants
Wed Jan 26, 2022

Housing Corporation Board of Directors

LHC Programs Committee discusses housing bonds and site changes

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.

housingbondshomelessnesszoninginfrastructure
✓ Decided: Programs Committee recommends three housing projects for full board approval

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.

Wed Jan 12, 2022

Housing Corporation Board of Directors

LHC Board to consider $34 million bond for The Reserve at Howell Place

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.

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✓ Decided: LHC Board approves $34M in bonds for The Reserve at Howell Place

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.

Tue Jan 11, 2022

Housing Corporation Board of Directors

LHC Search Committee to discuss Executive Director recruitment

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.

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