Housing Corporation Board of Directors public meetings in 2023

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors will vote on several bond issuances and funding adjustments for multifamily housing projects. The board will also consider the state's 2025 Draft Qualified Allocation Plan and new virtual meeting rules.

• Issuance of up to $125,000,000 in Single Family Mortgage Revenue Bonds
• $2,500,000 in Multifamily Housing Revenue Bonds for Greenwood Terrace at 4619 Luciana Circle, Shreveport
• Additional $2,000,000 for KHA Affordable Properties near 1013 31st Street, Kenner
• Additional $1,500,000 for Millennium Studios III Project at 830 Fannin St. and 1107 Caddo St., Shreveport
• Reduction of Le Fleur Apartments at Petro Point Drive, Lake Charles, from 88 units to 48 units

The Board unanimously approved the issuance of $125 million in Single Family Mortgage Revenue Bonds and the 2025 Draft Qualified Allocation Plan. Several additional funding increases for multifamily housing projects in Shreveport and Kenner were approved. The Board also adopted procedures for virtual public meetings.

• Approved procedures for virtual participation in LHC meetings (Unanimous)
• Approved issuance of up to $125M in Single Family Mortgage Revenue Bonds (Unanimous)
• Approved additional $2.5M in Multifamily Housing Revenue Bonds for Greenwood Terrace in Shreveport (Unanimous)
• Approved additional $2M Multifamily Mortgage Revenue Note for KHA Affordable Properties in Kenner (Unanimous)
• Approved additional $1.5M Multifamily Housing Governmental Note for Millennium Studios II Project in Shreveport (Unanimous)
• Approved design change for Le Fleur Apartments in Lake Charles, reducing project from 15 buildings/88 units to 2 buildings/48 units (Unanimous)
• Approved the State's 2025 Draft Qualified Allocation Plan (Unanimous)
• Approved November 08, 2023 meeting minutes (Unanimous)

Housing Corporation Board of Directors

The Administration Committee approved the minutes from November 7, 2023, and recommended a resolution on virtual meeting procedures for full board approval. The Board of Directors meeting scheduled for January 10, 2024, was cancelled.

• Approved November 07, 2023 Administration Committee Meeting minutes (unanimous)
• Recommended resolution adopting virtual meeting participation procedures for full board approval (unanimous)
• Cancelled January 10, 2024 Board of Directors Regular Monthly Meeting

Housing Corporation Board of Directors

The Administration Committee will consider a resolution to adopt virtual meeting rules, allowing the LHC Board to meet electronically under Act 393 of the 2023 Regular Session. The committee will also approve prior meeting minutes and discuss the January 2024 regular meeting. Public comments are accepted.

• Resolution to adopt Virtual Meeting Rules for electronic meetings (action item)
• Approval of November 7, 2023 Administration Committee minutes
• Discussion of January 10, 2024 regular board meeting
• Public comments accepted in person or via email by 2:30 PM on meeting day

Housing Corporation Board of Directors

The Programs Committee reviewed and favorably recommended several funding requests and project modifications to the Full Board. These include bond issuances for single-family and multifamily housing and a unit reduction for a Lake Charles apartment project.

• Recommended approval of up to $125M in Single Family Mortgage Revenue Bonds
• Recommended approval of $2.5M in Multifamily Housing Revenue Bonds for Greenwood Terrace in Shreveport
• Recommended approval of $2M Multifamily Mortgage Revenue Note for KHA Affordable Properties in Kenner
• Recommended approval of $1.5M Multifamily Housing Governmental Note for Millennium Studios III Project in Shreveport
• Recommended reduction of LeFleur Apartments in Lake Charles from 15 buildings (88 units) to 2 buildings (48 units)
• Recommended approval of the State's 2025 Draft Qualified Allocation Plan
• Approved minutes of the November 07, 2023 Programs Committee Meeting (unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Programs Committee is meeting to vote on several housing finance resolutions. The agenda includes authorizing new bond issuances, increasing funding for specific multifamily projects, and reviewing the 2025 Draft Qualified Allocation Plan.

• Authorization of up to $125,000,000 in Single Family Mortgage Revenue Bonds
• $2,500,000 bond issuance for Greenwood Terrace at 4619 Luciana Circle, Shreveport
• $2,000,000 increase for KHA Affordable Properties near 1013 31st Street, Kenner
• $1,500,000 increase for Millennium Studios III Project at 830 Fannin St. and 1107 Caddo St., Shreveport
• Reduction of Le Fleur Apartments project from 15 buildings/88 units to 2 buildings/48 units

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors will meet to review audit results and consider several housing-related resolutions. Key items include the issuance of multifamily housing revenue bonds and approvals for various service requests and programs.

• Resolution to issue up to $22,400,000 in Multifamily Housing Revenue Bonds for Morningside at Joor Place
• Acceptance of June 30, 2023 Audit Results from Duplantier, Hrapmann, Hogan & Maher, LLP
• Request for Proposals (RFP) for Environmental Services
• Request for Proposals (RFP) for Consulting Services for Homelessness and Housing Voucher Programs
• Approval of the Home Appliance Replacement Program (HARP) for Seniors

The Board approved the issuance of multifamily housing revenue bonds for a development in Baton Rouge. The Board also authorized two new requests for proposals and established a home appliance replacement program for seniors.

• Approved $22.4M in Multifamily Housing Revenue Bonds for Morningside at Joor Place (Unanimous)
• Approved Acceptance of the Audit Results Report by Duplantier, Hrapmann, Hogan & Maher, LLP (Unanimous)
• Approved issuance of RFP for Environmental Services (Unanimous)
• Approved issuance of RFP for Consulting Services for Homelessness and Housing Voucher Programs (Unanimous)
• Approved establishment of the Home Appliance Replacement Program (HARP) for seniors (Unanimous)
• Approved October 11, 2023 meeting minutes (Unanimous)

Housing Corporation Board of Directors

The Administration Committee approved the minutes from the October 10, 2023 meeting. The committee also received a status update on the search for a new Executive Director.

• Approved October 10, 2023 Administration Committee Meeting minutes (unanimous)

Housing Corporation Board of Directors

The Administration Committee will meet to review an update from SSA Consultants regarding the search for a new LHC Executive Director. The committee will also vote to approve minutes from the October 10, 2023, meeting.

• Approval of October 10, 2023, Administration Committee Meeting minutes
• Discussion update from SSA Consultants regarding the LHC Executive Director search

Housing Corporation Board of Directors

The Audit Committee will meet to approve minutes from the August 2023 meeting and review audit results. The committee is scheduled to consider the report from external auditors Duplantier, Hrapmann, Hogan & Maher, LLP regarding the June 30, 2023 audit of various LHC funds and properties.

• Approval of August 08, 2023 Audit Committee Meeting minutes
• Board acceptance of audit results for LHC General Fund and LHC Combined
• Audit review of Willowbrook Apartments, Village de Jardin Apartments, and Mid-City Gardens Apartments
• Audit review of Louisiana Housing Authority

Housing Corporation Board of Directors

The Audit Committee approved the minutes from the August 08, 2023 meeting. The committee also reviewed the June 30, 2023 Audit Results presented by DHHM LLP and voted to submit the report favorably to the Full Board.

• Approved August 08, 2023 Audit Committee Meeting minutes (unanimous)
• Voted to submit June 30, 2023 Audit Results favorably to the Full Board

Housing Corporation Board of Directors

The Programs Committee approved several resolutions to be submitted favorably to the Full Board for final approval. These include financing for a multifamily development and the issuance of three requests for proposals.

• Approved minutes of the August 08, 2023 Programs Committee Meeting (unanimous)
• Recommended approval of $22.4M in Multifamily Housing Revenue Bonds for Morningside at Joor Place (4625 Joor Road, Baton Rouge)
• Recommended approval to issue an RFP for Environmental Services
• Recommended approval to issue an RFP for Consulting Services for Homelessness and Housing Voucher Programs
• Recommended approval to establish the $250K Home Appliance Replacement Program (HARP) for Seniors

Housing Corporation Board of Directors

The Programs Committee will consider a resolution to issue up to $22.4 million in multifamily housing revenue bonds for Morningside at Joor Place in Baton Rouge. Other action items include authorizing RFPs for environmental services and consulting for homelessness and housing voucher programs, and approving a Home Appliance Replacement Program for seniors. Discussions will cover the 2025 Qualified Allocation Plan timeline, resilience initiatives, and program updates.

• Resolution to issue $22,400,000 Multifamily Housing Revenue Bonds for Morningside at Joor Place (4625 Joor Road, Baton Rouge)
• Resolution to issue RFP for Environmental Services
• Resolution to issue RFP for Consulting Services for Homelessness and Housing Voucher Programs
• Resolution approving Home Appliance Replacement Program (HARP) for Seniors
• Discussion on 2025 Qualified Allocation Plan timeline

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board will consider several action items, including approving the minutes, reports, and resolutions. Key decisions include authorizing an additional $3 million in multifamily housing revenue bonds for Tivoli Place in New Orleans, setting the interim executive director's salary at $230,000, and approving a site change for Live Oak Village from Lake Charles to Pineville.

• Resolution to approve $230,000 annual salary for Interim Executive Director Marjorianna Willman, retroactive to Sept 29, 2023
• Resolution to contract with SSA Consultants for executive director search services
• Supplemental resolution for $3,000,000 additional multifamily housing revenue bonds for Tivoli Place at 1040 St. Charles Avenue, New Orleans (total $48,000,000)
• Resolution authorizing site relocation of Live Oak Village from 1302 Country Club Road, Lake Charles to 4139 Highway 28 East, Pineville, with reduction from 6 to 2 buildings
• Resolution abolishing previous delegations of authority and recognizing Marjorianna Willman as authorized signatory

The Board approved a salary of $230,000 for Interim Executive Director Marjorianna Willman and authorized an additional $3 million in revenue bonds for the Tivoli Place project. The Board also approved a contract for executive search services and a site relocation for Live Oak Village.

• Approved September 06, 2023 meeting minutes (unanimous)
• Recognized Marjorianna Willman as Authorized Signatory (unanimous)
• Approved $230,000 annual salary for Interim Executive Director Marjorianna Willman, retroactive to September 29, 2023 (unanimous)
• Approved contract with SSA Consultants for Executive Director search services (unanimous)
• Approved $3,000,000 increase in Multifamily Housing Revenue Bonds for Tivoli Place in New Orleans (unanimous)
• Approved relocation of Live Oak Village from Lake Charles to Pineville and reduction from six to two buildings (unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation's Administration Committee will meet on October 10, 2023, to consider several actions. These include approving the minutes from the May 2023 meeting, abolishing previous delegations of authority and naming Interim Executive Director Marjorianna Willman as the authorized signatory, setting her salary at $230,000 per annum retroactive to September 29, 2023, and authorizing a contract with SSA Consultants for an executive director search. Public comments will be accepted in person and via email.

• Approval of minutes from May 9, 2023 Administration Committee meeting
• Resolution to abolish all previous delegations of authority and recognize Marjorianna Willman as authorized signatory
• Resolution to set Interim Executive Director Marjorianna Willman's salary at $230,000 per annum, retroactive to September 29, 2023
• Resolution to contract with SSA Consultants for LHC Executive Director Search consulting services
• Public comments accepted via email or in-person sign-up cards

The Administration Committee approved several recommendations to be sent to the full Board of Directors. These include the appointment of an authorized signatory, a specific salary for the interim director, and a contract for an executive search.

• Approved May 09, 2023 meeting minutes (unanimous)
• Recommended Marjorianna Willman as Authorized Signatory to the Board
• Recommended $230,000 annual salary for Interim Executive Director Marjorianna Willman (retroactive to September 29, 2023) to the Board
• Recommended contracting with SSA Consultants for Executive Director Search services to the Board

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors will meet to handle leadership changes and loan program administration. The board is deciding on the resignation of the Executive Director and the appointment of an interim replacement.

• Resolution accepting the resignation of LHC Executive Director Joshua G. Hollins
• Resolution appointing an LHC-Interim Executive Director
• Resolution to authorize a Request for Proposals (RFP) for a Master Servicer for Single Family Loan Programs

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors will vote on bond purchases and the allocation of State Housing Trust Funds for specific housing projects. The board will also address audit compliance matters.

• Purchase of up to $80,000,000 in Single Family Mortgage Revenue Bonds
• $500,000 in State Housing Trust Funds for Evangeline Housing I, Lafleur Landing, Lafleur Landing II, and Thomas Landing in Ville Platte
• Up to $350,000 in State Housing Trust Funds for James A. Herod Apartments at 1500 Israel Parker Drive, Abbeville
• Adoption of the Louisiana Compliance Questionnaire for Audit Engagements of Governmental Entities

The Board approved the purchase of up to $80 million in Single Family Mortgage Revenue Bonds. Additionally, the Board awarded $850,000 in State Housing Trust Funds to projects in Ville Platte and Abbeville. The Board also adopted the Louisiana Compliance Questionnaire for Audit Engagements.

• Approved July 12, 2023 meeting minutes (unanimous)
• Adopted Louisiana Compliance Questionnaire for Audit Engagements (unanimous)
• Approved purchase of up to $80,000,000 of Single Family Mortgage Revenue Bonds (unanimous)
• Awarded $500,000 in State Housing Trust Funds to projects in Ville Platte (unanimous)
• Awarded up to $350,000 in State Housing Trust Funds to James A. Herod Apartments in Abbeville (unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Audit Committee is meeting to approve the minutes from the November 09, 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 November 09, 2022, Audit Committee Meeting minutes
• Resolution adopting the Louisiana Compliance Questionnaire for Audit Engagements of Governmental Entities

The Audit Committee approved the minutes from November 9, 2022. The committee also adopted a Louisiana Compliance Questionnaire for Audit Engagements of Governmental Entities to be submitted to the Full Board on August 9, 2023.

• Approved November 09, 2022 Audit Committee Meeting minutes (unanimous)
• Adopted Louisiana Compliance Questionnaire for Audit Engagements of Governmental Entities for submission to Full Board

Housing Corporation Board of Directors

The Louisiana Housing Corporation Programs Committee is meeting to vote on a proposal for up to $80,000,000 in single-family mortgage revenue bonds. The committee will also consider awarding State Housing Trust Funds to several apartment projects in Ville Platte and Abbeville.

• Resolution for purchase of up to $80,000,000 in Single Family Mortgage Revenue Bonds
• $500,000 in State Housing Trust Funds awarded to Evangeline Housing I, Lafleur Landing, Lafleur Landing II, and Thomas Landing
• $350,000 in State Housing Trust Funds for James A. Herod Apartments in Abbeville
• Discussion regarding LHC Middle Market Loan Program and PRIME funding initiatives
• Discussion regarding LHC HOME American Rescue Plan (ARP) and Rental Restoration and Development Program (RRDP)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board will consider several bond issuances for affordable housing, including $80 million in single-family mortgage revenue bonds and over $67 million in multifamily housing revenue bonds for five projects. The board will also elect a chair and vice-chair for 2023-2024 and approve final rankings for low-income housing tax credits under the 2024 Qualified Allocation Plan.

• Election of 2023-2024 Board Chairperson and Vice-Chairperson
• Supplemental resolution for $700,000 in bonds for Arbours at Lake Charles (1125 Country Club Road, Lake Charles)
• Resolution for up to $16.4M in bonds for Arbours at Lafayette Phase II (107 Alcide Dominique Drive, Lafayette)
• Resolution for up to $22.5M in bonds for Ridgefield Apartments (2800 Mount Kennedy Drive, Marrero)
• Resolution for up to $80M in Single Family Mortgage Revenue Bonds

The Board approved several Multifamily Housing Revenue Bonds for developments in Lake Charles, Lafayette, and Marrero, as well as $80M in Single Family Mortgage Revenue Bonds. The Board also approved the final rankings for the 2024 Qualified Allocation Plan. Additionally, the Board elected new officers for the 2023-2024 term.

• Elected Alfred E. Harrell, III as Board Chairman (acclamation)
• Elected Tonya P. Mabry as Board Vice-Chairwoman (acclamation)
• Approved $700,000 bonds for Arbours at Lake Charles (unanimous)
• Approved $16.4M bonds for Arbours at Lafayette Phase II (unanimous)
• Approved $13.2M bonds for Arbours at Bordeaux (unanimous)
• Approved $14.3M bonds for Arbours at Acadiana (unanimous)
• Approved $22.5M bonds for Ridgefield Apartments (unanimous)
• Approved 2024 Qualified Allocation Plan final rankings (unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Programs Committee is meeting to consider several resolutions for issuing multifamily housing revenue bonds. The committee will also review final rankings for the 2024 Qualified Allocation Plan and a proposal for $80 million in single-family mortgage revenue bonds.

• $700,000 supplemental bond issuance for Arbours at Lake Charles
• $16,400,000 bond issuance for Arbours at Lafayette Phase II
• $13,200,000 bond issuance for Arbours at Bordeaux
• $14,300,000 bond issuance for Arbours at Acadiana
• $22,500,000 bond issuance for Ridgefield Apartments

The Programs Committee voted to favorably submit multiple multifamily housing revenue bond requests and the 2024 QAP Final Rankings to the Full Board. The committee also recommended the issuance of single-family mortgage revenue bonds. All recommended items are pending final approval at the July 12, 2023 BODM.

• Approved June 07, 2023 meeting minutes (unanimous)
• Recommended $700,000 bonds for Arbours at Lake Charles to Full Board
• Recommended $16.4M bonds for Arbours at Lafayette Phase II to Full Board
• Recommended $13.2M bonds for Arbours at Bordeaux to Full Board
• Recommended $14.3M bonds for Arbours at Acadiana to Full Board
• Recommended $22.5M bonds for Ridgefield Apartments to Full Board
• Recommended 2024 QAP Final Rankings to Full Board
• Recommended up to $80M Single Family Mortgage Revenue Bonds to Full Board

Housing Corporation Board of Directors

The Board approved the operating budget for the fiscal year ending June 30, 2024. It authorized several multifamily housing revenue bonds for developments in Shreveport, Monroe, Lafayette, Lake Charles, and Iowa. The Board also selected Franklin Associates LLC for disaster recovery housing program management.

• Approved FY2024 Operating Budget (unanimous)
• Approved $11.8M bonds for Galilee City Apartments, Shreveport
• Approved $11.5M bonds for Highland Place Townhomes, Monroe
• Approved $12M bonds for King Oaks V, Shreveport
• Approved $21.35M bonds for Lakeside Garden Apartments, Shreveport
• Approved $17.5M bonds for Landry Commons, Lafayette
• Approved $17.5M bonds for Loop Commons, Lafayette
• Approved selection of Franklin Associates LLC for disaster recovery program management (unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board will vote on resolutions to issue up to $155 million in multifamily housing revenue bonds for 11 developments across the state, and to allocate 4% Low-Income Housing Tax Credits to each. The board will also consider supplemental bond increases for four existing projects, select a contractor for disaster recovery program management, and adopt the FY2024 operating budget. Discussions are scheduled on the Rural Rental Rehab Program, LIHEAP, and the PRIME NOFA.

• $11.8M bond for Galilee City Apartments at 1600 Park Avenue, Shreveport
• $21.35M bond for Lakeside Garden Apartments at 2440 Carrie Avenue, Shreveport
• $17.5M bond for Landry Commons at 2400 Eraste Landry Road, Lafayette
• Supplemental $1.75M bond increase for H3C Project at 1801 Thalia Street, New Orleans
• Resolution to contract with Franklin and Associates for disaster recovery program management

Housing Corporation Board of Directors

The Programs Committee unanimously approved the May 10, 2023 minutes and recommended several multifamily housing revenue bond resolutions to the Full Board. The committee also favorably recommended selecting Franklin Associates, LLC for disaster response and recovery program management.

• Approved May 10, 2023 Programs Committee Meeting minutes (unanimous)
• Recommended $11.8M bonds for Galilee City Apartments, Shreveport
• Recommended $11.5M bonds for Highland Place Townhomes, Monroe
• Recommended $12M bonds for King Oaks V, Shreveport
• Recommended $21.35M bonds for Lakeside Gardens Apartments, Shreveport
• Recommended $17.5M bonds for Landry Commons, Lafayette
• Recommended $17.5M bonds for Loop Commons, Lafayette
• Recommended selection of Franklin Associates, LLC for Disaster Response and Recovery Housing Programs management

Housing Corporation Board of Directors

The Programs Committee will vote on resolutions to issue up to $155 million in multifamily housing revenue bonds for 11 developments across Louisiana, including projects in Shreveport, Monroe, Lafayette, Lake Charles, and Iowa. The board will also consider supplemental bond increases for four existing projects and a contract for disaster recovery program management. Discussions are scheduled on the Rural Rental Rehab Program, LIHEAP, and the PRIME NOFA.

• Vote on $11.8M in bonds for Galilee City Apartments at 1600 Park Avenue, Shreveport
• Vote on $21.35M in bonds for Lakeside Garden Apartments at 2440 Carrie Avenue, Shreveport
• Vote on $17.5M in bonds for Landry Commons at 2400 Eraste Landry Road, Lafayette
• Vote on $1.75M supplemental bond increase for H3C Project at 1801 Thalia Street, New Orleans
• Vote to contract with Franklin and Associates, LLC for disaster response housing program management

Housing Corporation Board of Directors

The Louisiana Housing Corporation Budget and Finance Committee will meet to discuss the operating budget for Fiscal Year 2024, covering July 1, 2023, through June 30, 2024. The committee will also consider approving minutes from a June 2022 meeting.

• Discussion of Fiscal Year 2024 LHC Operating Budget
• Approval of June 14, 2022 Budget and Finance Committee meeting minutes

The Budget and Finance Committee approved the draft FY24 operating budget to be reported to the Full Board. The proposed budget includes total operating receipts of $23,331,100.00 and total operating expenditures of $23,114,872.00. The committee also approved the minutes from the June 14, 2022 meeting.

• Approved June 14, 2022 BFC Meeting minutes (unanimous)
• Approved FY24 Operating Budget to be favorably reported to the Full Board (unanimous)

Housing Corporation Board of Directors

The Board unanimously approved a salary increase for Executive Director Joshua G. Hollins and adopted a new Contract Management Policy. The Board also authorized several multifamily housing revenue bonds for developments across Louisiana and approved a $60M single-family mortgage revenue bond.

• Approved salary increase for ED Joshua G. Hollins from $230,000 to $246,100 (Unanimous)
• Approved LHC Contract Management Policy (Unanimous)
• Approved additional $2.5M in bonds for Park Homes of Iowa, Calcasieu Parish
• Approved additional $2.5M in bonds for Federal City - Building 10, New Orleans
• Approved additional $4M in bonds for Fairmont Towers, Shreveport
• Authorized bonds for 12 multifamily projects including Morningside at Gerstner Place and Chateau du Lac
• Approved parameters to reduce multifamily housing units to reduce funding gaps
• Approved purchase of up to $60M in Single Family Mortgage Revenue Bonds

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors is meeting to decide on the issuance and expansion of several multifamily housing revenue bonds across the state. The board will also discuss homeownership policy, executive director evaluation, and the FY 23-24 operating budget.

• Proposed $60 million in Single Family Mortgage Revenue Bonds
• Proposed $30 million in bonds for Chateau du Lac in Lake Charles
• Proposed $24 million in bonds for Deerwood Apartments in Lake Charles
• Proposed $20 million in bonds for Morningside at Gerstner Place in Lake Charles
• Additional $2.5 million for Park Homes of Iowa, $2.5 million for Federal City - Building 10, and $4 million for Fairmont Towers

Housing Corporation Board of Directors

The Programs Committee reviewed and favorably recommended several resolutions for multifamily and single-family housing revenue bonds to the Full Board. The committee also recommended a resolution to allow staff to administratively approve funding gap reductions for certain affordable housing projects. One program guide was approved for submission to the Full Board.

• Approved April 11, 2023 Programs Committee Meeting minutes (unanimous)
• Recommended $2.5M additional bonds for Park Homes of Iowa to Full Board
• Recommended $2.5M additional bonds for Federal City - Building 10 to Full Board
• Recommended $4M additional bonds for Fairmont Towers to Full Board
• Recommended $20M bonds for Morningside at Gerstner Place to Full Board
• Recommended $24M bonds for Deerwood Apartments to Full Board
• Recommended $13M bonds for Benoit Townhomes to Full Board
• Recommended $30M bonds for Chateau du Lac to Full Board

Housing Corporation Board of Directors

The Programs Committee will consider resolutions to issue or supplement multifamily housing revenue bonds for 15 developments across Louisiana, totaling over $200 million. The board will also vote on a resolution to allow staff to reduce unit counts in previously awarded projects to close funding gaps, and on a $60 million single-family mortgage revenue bond issuance. The meeting includes public comment and discussion of homeownership policy.

• Supplemental bond increases: $2.5M for Park Homes of Iowa, $2.5M for Federal City-Building 10, $4M for Fairmont Towers
• New bond issuances: up to $20M for Morningside at Gerstner Place, $24M for Deerwood Apartments, $13M for Benoit Townhomes, $30M for Chateau du Lac, $11M for Calcasieu Heights Senior Village, $12M for Sabine Trace, $18M for Natchitoches Thomas Apartments, $9M for MacArthur Place, $15M for Belle Maison Apartments, $21M for The Reserve at Power Place, $8M for Woodring Apartments Phase II, $22M for Capstone at The Oaks Apartments
• Resolution to allow staff to reduce multifamily housing units in developments awarded 2019-2022 to address funding gaps
• Resolution to issue up to $60M in Single Family Mortgage Revenue Bonds
• Resolution recognizing June 2023 as Homeownership Month

Housing Corporation Board of Directors

The Administration Committee of the Louisiana Housing Corporation Board of Directors will meet to discuss the process for evaluating the LHC Executive Director. The committee will also hold a discussion regarding the LHC Contract Management Policy.

• Approval of the January 17, 2023, Administration Committee Meeting minutes
• Discussion regarding the Process for Evaluating the LHC Executive Director
• Discussion regarding the LHC Contract Management Policy

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors is meeting to approve funding awards and bond issuances. The board will consider a resolution to finance a multifamily housing development in New Orleans.

• Proposed issuance of up to $45,000,000 in Multifamily Housing Revenue Bonds for Tivoli Place at 1040 St. Charles Avenue, New Orleans
• Approval of the final awards list for applicants under the 2022/2023 PRIME-2 Notice of Funding Availability
• Resolution declaring April 2023 as Fair Housing Month to commemorate the 55th Anniversary of the Fair Housing Act

The Board approved the issuance of up to $45 million in Multifamily Housing Revenue Bonds for the Tivoli Place development. The Board also approved the final awards list for the 2022/2023 PRIME-2 NOFA and designated April 2023 as Fair Housing Month.

• Approved March 22, 2023 meeting minutes (unanimous)
• Approved resolution declaring April 2023 as 'Fair Housing Month' (unanimous)
• Approved final awards list for 2022/2023 PRIME-2 Notice of Funding Availability (unanimous)
• Approved intention to issue up to $45,000,000 in Multifamily Housing Revenue Bonds for Tivoli Place at 1040 St. Charles Avenue, New Orleans (unanimous)

Housing Corporation Board of Directors

The Programs Committee will vote on several action items, including a resolution of intention to issue up to $45 million in multifamily housing revenue bonds for Tivoli Place in New Orleans, and a resolution approving the final awards list for the 2022/2023 PRIME-2 NOFA for residential rental facilities. The committee will also consider a resolution declaring April 2023 as Fair Housing Month. The meeting includes approval of prior minutes, public comments, and reports.

• Approval of minutes from the February 7, 2023 Programs Committee Meeting
• Resolution commemorating the 55th Anniversary of the Fair Housing Act and declaring April 2023 as Fair Housing Month
• Resolution approving the final awards list of applicants under the 2022/2023 PRIME-2 NOFA for residential rental facilities
• Resolution of intention to issue up to $45,000,000 in Multifamily Housing Revenue Bonds for Tivoli Place at 1040 St. Charles Avenue, New Orleans
• Public comments accepted via email or in-person sign-up

The Programs Committee approved several resolutions to be submitted to the Full Board for final approval. These include a funding list for the 2022/2023 PRIME-2 NOFA and a resolution commemorating Fair Housing Month.

• Approved February 07, 2023 meeting minutes (unanimous)
• Recommended for Full Board approval: Resolution declaring April 2023 as Fair Housing Month
• Recommended for Full Board approval: Final awards list for 2022/2023 PRIME-2 NOFA
• Recommended for Full Board approval: Issuance of up to $45M in Multifamily Housing Revenue Bonds for Tivoli Place at 1040 St. Charles Avenue, New Orleans

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board will consider approving up to $74.28 million in multifamily housing revenue bonds for The Reserve at Joor Place in Baton Rouge. They will also vote on issuing up to $60 million in single-family mortgage revenue bonds and authorizing a request for proposals for disaster response housing program management services. Discussions are scheduled on bond efficiency policy and procurement policy changes.

• Action: Resolution to accept proposal for $74,280,708 multifamily housing revenue bonds for The Reserve at Joor Place (4663 Joor Road, Baton Rouge)
• Action: Resolution to authorize up to $60,000,000 in single-family mortgage revenue bonds
• Action: Resolution to issue RFP for Program Management Services for Disaster Response and Recovery Housing Programs
• Discussion: Bond Efficiency Policy Change
• Discussion: LHC Procurement Policy

The Board approved the purchase of $74.2M in bonds for The Reserve at Joor Place and authorized the issuance of up to $60M in Single Family Mortgage Revenue Bonds. The Board also authorized a Request for Proposals for disaster response and recovery housing program management.

• Approved $74,280,708 Multifamily Housing Revenue Bonds for The Reserve at Joor Place (Unanimous)
• Approved issuance of up to $60,000,000 Single Family Mortgage Revenue Bonds (Unanimous)
• Approved RFP for Program Manager Services for Disaster Response and Recovery Housing Programs (Unanimous)
• Approved February 08, 2023 meeting minutes (Unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors is holding a two-day retreat on March 22-23, 2023, featuring civil law training on open meetings and public records, board governance and strategic planning, board administration matters, parliamentary procedures, and an overview of LHC programs. No votes or decisions are scheduled; the agenda consists of informational sessions and training.

• Civil law training on Open Meetings Law, Public Records, and AG Opinions
• Board Governance and Strategic Planning session led by Emergent Method
• Board Administration Matters presented by Secretary-Coordinator Barry E. Brooks
• Parliamentary Procedures 101 training
• LHC Programs overview by Executive Director Joshua G. Hollins and Marjorianna Willman

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors is meeting to consider one action item: a resolution awarding $547,000 in State Housing Trust Funds for BR RDA II, a development at 5551 Paige Street in Baton Rouge. The board will also approve previous meeting minutes, hear public comments, and receive reports from the chairman and executive director.

• Resolution to award $547,000 in State Housing Trust Funds for BR RDA II at 5551 Paige Street, Baton Rouge

The Board of Directors approved a resolution to allocate State Housing Trust Funds for a project in Baton Rouge. The board also approved the minutes from the January 18, 2023 meeting.

• Approved $547,000 in State Housing Trust Funds for BR RDA II at 5551 Paige Street, Baton Rouge (Unanimous)
• Approved January 18, 2023 meeting minutes (Unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Programs Committee is meeting to discuss homelessness prevention initiatives and bond deals. The committee is also considering a resolution to allocate State Housing Trust Funds for a specific project in Baton Rouge.

• Proposed resolution to award $547,000 in State Housing Trust Funds for BR RDA II at 5551 Paige Street, Baton Rouge
• Discussion regarding LHC Homelessness Prevention Initiatives
• Bond Deals 101 Presentation

The Programs Committee approved a resolution to recommend the award of State Housing Trust Funds for a project in Baton Rouge. The committee also received presentations on bond deals and homelessness prevention initiatives.

• Approved minutes of the December 13, 2022 Programs Committee Meeting (unanimous)
• Recommended approval of $547,000 in State Housing Trust Funds for BR RDA II at 5551 Paige Street, Baton Rouge, to be submitted to the Full Board

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board will consider approving the state's 2024 Qualified Allocation Plan for low-income housing tax credits. They will also vote on several bond resolutions to finance multifamily housing developments in Baton Rouge, West Monroe, Ponchatoula, and New Orleans, totaling over $142 million. Additionally, the board will swear in two reappointed members and approve the previous meeting's minutes.

• Approval of the 2024 Qualified Allocation Plan (QAP) for low-income housing tax credits
• Resolution to swap funding source for BR RDA II at 5551 Paige Street, Baton Rouge
• Bond resolution for Bayou D'Arbonne Retirement Village ($10,000,000) at 700 West Pinecrest Road, West Monroe
• Bond resolution for Cypress at Ardendale Phase I ($42,000,000) at 1701 N. Ardenwood Drive, Baton Rouge
• Bond resolution for The Reserve at Joor Place ($74,280,708) at 4663 Joor Road, Baton Rouge, including 4% Low-Income Housing Tax Credits

The Board unanimously approved the State's 2024 Qualified Allocation Plan (QAP) and authorized several million-dollar mortgage revenue bonds for housing projects. One agenda item regarding RDA II was withdrawn for further review.

• Approved State's 2024 Qualified Allocation Plan (unanimous)
• Approved $10M MHRB for Bayou D’Arbonne Retirement Village in West Monroe (unanimous)
• Approved $42M MHRB for Cypress at Ardendale Phase I in Baton Rouge (unanimous)
• Approved $7.5M MHRB for Cypress Court in Ponchatoula (unanimous)
• Approved $83M MHRB for Federal City — Building 10 in New Orleans (unanimous)
• Approved $74,280,708 for The Reserve at Joor Place in Baton Rouge (unanimous)
• Approved withdrawal of RDA II matter for further review (unanimous)
• Approved December 14, 2022 meeting minutes (unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Administration Committee is meeting to review internal administrative matters. The session includes a discussion on the LHC Pay Equity Study and the approval of previous meeting minutes.

• Discussion regarding the LHC Pay Equity Study
• Approval of the September 13, 2022 Administration Committee Meeting minutes

The Administration Committee approved the minutes from September 13, 2022. The committee also accepted a compensation review conducted by SSA Consultants, which found that entry-level pay ranges were not competitive.

• Approved September 13, 2022 Administration Committee Meeting minutes (unanimous)
• Accepted LHC Compensation Review as presented