Housing Corporation Board of Directors public meetings in 2025

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors meeting scheduled for December 10, 2025 was cancelled. The next meeting is tentatively set for January 14, 2026, with committee meetings on January 13.

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors will meet to discuss the FY 2025-2026 operating budget and September 2025 financial statements. The board will also swear in a new appointee.

• Swearing-in of Ms. Candace Papillion-Haynes
• Discussion of LHC Operating Budget for FY 2025-2026
• Review of September 2025 Balance Sheet
• Review of September 2025 Profit & Loss by Funding Source
• Discussion of LHC Unrestricted Cash Balances

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors approved the minutes from the October 15 meeting and swore in a new board member. The board voted to cancel the December 10 regular monthly meeting unless a Louisiana Legislative Audit Report is officially issued.

• Swore in Board Member Candace Papillion-Haynes
• Approved October 15, 2025 meeting minutes (unanimous)
• Cancelled December 10, 2025 regular monthly meeting unless a Louisiana Legislative Audit Report is issued (unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Budget and Finance Committee will meet to discuss the operating budget for fiscal year 2025-2026. The committee will also review the September 2025 balance sheet, profit and loss by funding source, and unrestricted cash balances.

• Discussion of LHC Operating Budget for FY 2025-2026
• Review of September 2025 Balance Sheet
• Review of September 2025 Profit & Loss by Funding Source
• Discussion of LHC Unrestricted Cash Balances
• Approval of October 14, 2025 meeting minutes

The Budget and Finance Committee approved the minutes from its October 14, 2025, meeting. Other agenda items regarding the FY 2025-2026 operating budget, balance sheets, profit and loss statements, and cash balances were discussed, but no formal actions were taken on them.

• Approved October 14, 2025 BFC Meeting Minutes (unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors will meet to approve applicant rankings for residential rental facilities. The board will also discuss the FY 2025-2026 operating budget and August 2025 financial reports.

• Approval of final rankings for 2025 Qualified Allocation Plan (QAP) residential rental facilities
• Discussion of LHC Operating Budget for FY 2025-2026
• Discussion of August 2025 Balance Sheet and Profit & Loss by Funding Source
• Swearing-in of Board Member Steven J. Hattier
• Resolutions recognizing Breast Cancer Awareness Month and Domestic Violence Awareness Month

The Board unanimously approved the final rankings of applicants under the 2025 Qualified Allocation Plan for residential rental facilities. The Board also passed resolutions recognizing October as Breast Cancer Awareness Month and Domestic Violence Awareness Month.

• Approved final rankings of applicants under the 2025 Qualified Allocation Plan (Unanimous)
• Approved resolution recognizing October as Breast Cancer Awareness Month (Unanimous)
• Approved resolution recognizing October as Domestic Violence Awareness Month (Unanimous)
• Approved September 10, 2025 meeting minutes (Unanimous)
• Swore in Board Member Steven J. Hattier

Housing Corporation Board of Directors

The Budget and Finance Committee will meet to discuss the Louisiana Housing Corporation's FY 2025-2026 operating budget, August 2025 balance sheet, profit and loss by funding source, and unrestricted cash balances. The meeting includes public comment and approval of prior minutes.

• Discussion of LHC operating budget for FY 2025-2026
• Review of LHC balance sheet for August 2025
• Review of profit and loss by funding source for August 2025
• Discussion of unrestricted cash balances

The Budget and Finance Committee approved the minutes from its September 9, 2025 meeting. Members discussed the FY 2025-2026 operating budget, the September 2025 balance sheet, profit and loss by funding source, and unrestricted cash balances. No formal votes were taken on the budget or financial reports.

• Approved Minutes of the September 09, 2025 BFC Meeting (unanimous)

Housing Corporation Board of Directors

The Administration Committee will meet to review previous minutes and hear a report from the Chairwoman. The committee is also scheduled to consider resolutions recognizing October as Breast Cancer Awareness Month and Domestic Violence Awareness Month.

• Approval of the April 08, 2025, Administration Committee Meeting minutes
• Resolution recognizing October as Breast Cancer Awareness Month
• Resolution recognizing October as Domestic Violence Awareness Month

The Administration Committee approved the minutes from April 8, 2025. The committee also voted to favorably submit two resolutions to the Full Board for approval regarding awareness months.

• Approved April 08, 2025 Administration Committee Meeting minutes (unanimous)
• Recommended resolution recognizing October as Breast Cancer Awareness Month for Full Board approval
• Recommended resolution recognizing October as Domestic Violence Awareness Month for Full Board approval

Housing Corporation Board of Directors

The Programs Committee will vote on a resolution approving final rankings of applicants under the 2025 Qualified Allocation Plan for rental housing. The meeting also includes approval of prior minutes, a committee chairman's report, and public comments.

• Resolution to approve final rankings of applicants under the 2025 Qualified Allocation Plan for residential rental facilities
• Approval of minutes from the June 10, 2025 Programs Committee Meeting
• Public comment period with three-minute speaker limit

The Programs Committee approved the minutes from the June 10, 2025 meeting. The committee also voted to favorably submit the final rankings of applicants under the 2025 Qualified Allocation Plan (QAP) to the Full Board for approval on October 15, 2025.

• Approved June 10, 2025 Programs Committee Meeting minutes (unanimous)
• Voted to submit 2025 Qualified Allocation Plan final rankings favorably to the Full Board

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors will meet to adopt the operating budget for the fiscal year ending June 30, 2026. The board will also discuss financial reports and the LHC Pricing Book.

• Resolution adopting the LHC Operating Budget for the Fiscal Year Ending June 30, 2026
• Discussion regarding LHC Financials Reports
• Discussion regarding the LHC Pricing Book
• Approval of the August 13, 2025 meeting minutes

The Board unanimously adopted the FY26 Operating Budget with total income of $18,939,310 and total expenses of $18,465,854. The Board also approved the minutes from the August 13, 2025 meeting.

• Approved August 13, 2025 BODM minutes (unanimous)
• Approved LHC Operating Budget for Fiscal Year Ending June 30, 2026 (unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Budget and Finance Committee will meet to discuss financial reports and cash balances. The committee is scheduled to vote on a resolution adopting the operating budget for the fiscal year ending June 30, 2026.

• Resolution adopting the LHC Operating Budget for the Fiscal Year Ending June 30, 2026
• Discussion of LHC Operating Budget for FY 2024-2025
• Discussion of LHC Balance Sheet for July 2025
• Discussion of LHC Profit & Loss by Funding Source for July 2025
• Discussion of LHC Unrestricted Cash Balances

The Budget and Finance Committee unanimously approved the LHC Operating Budget for the fiscal year ending June 30, 2026, to be submitted to the Full Board. The committee also approved the minutes from the August 12, 2025 meeting. Discussions were held regarding the sale of the Industriplex Drive Building and the July 2025 balance sheet.

• Approved August 12, 2025 BFC Meeting Minutes (unanimous)
• Approved FY 2025-2026 Operating Budget for submission to Full Board (unanimous)

Housing Corporation Board of Directors

The Board of Directors will meet to review financial reports and the Blue Tarp Program. The meeting includes a vote to adopt the Louisiana Legislative Auditor’s compliance questionnaire.

• Approval of July 09, 2025, meeting minutes
• Executive Director's report on the Blue Tarp Program
• Discussion regarding LHC Financials Reports
• Resolution adopting the Louisiana Legislative Auditor’s compliance questionnaire

Housing Corporation Board of Directors

The Louisiana Housing Corporation Audit Committee will meet to review administrative records and compliance documents. The board is deciding on the adoption of a specific compliance questionnaire for governmental audit engagements.

• Approval of May 13, 2025 Audit Committee meeting minutes
• Resolution to adopt the Louisiana Legislative Auditor’s Louisiana Compliance Questionnaire for Audit Engagements of Governmental Entities

The Audit Committee approved the minutes from May 13, 2025. The committee also voted to favorably submit a resolution to adopt the Louisiana Legislative Auditor’s Louisiana Compliance Questionnaire for Audit Engagements of Governmental Entities to the Full Board.

• Approved May 13, 2025 Audit Committee Meeting minutes (unanimous)
• Voted to submit the Louisiana Legislative Auditor’s Louisiana Compliance Questionnaire for Audit Engagements of Governmental Entities to the Full Board for approval (unanimous)

Housing Corporation Board of Directors

The Budget and Finance Committee of the Louisiana Housing Corporation Board will meet on August 12, 2025, to discuss the agency's operating budget for FY 2024-2025, its June 2025 balance sheet, profit and loss by funding source, and unrestricted cash balances. The committee will also consider approving minutes from its July 8, 2025 meeting and hear public comments.

• Discussion of LHC Operating Budget for FY 2024-2025
• Review of LHC Balance Sheet for June 2025
• Review of LHC Profit & Loss by Funding Source for June 2025
• Discussion of LHC Unrestricted Cash Balances
• Approval of minutes from the July 8, 2025 Budget and Finance Committee meeting

The Budget and Finance Committee approved the minutes from its July 8, 2025, meeting. Members discussed the FY 2025-2026 operating budget, the June 2025 balance sheet, and profit and loss reports. No formal votes were recorded for the budget or financial reports.

• Approved July 08, 2025 BFC Meeting Minutes (unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors will hold its annual meeting on July 9, 2025. The board will vote on the election of a 2025-2026 vice-chairperson and approve minutes from the June 11 regular meeting. Reports from the chairwoman and executive director are scheduled, and the Budget & Finance Committee will discuss LHC financials.

• Election of 2025-2026 LHC Board Vice-Chairperson
• Approval of minutes from the June 11, 2025 Board meeting
• Discussion of LHC Financials by the Budget & Finance Committee
• Chairwoman’s Report and Executive Director’s Report

The Louisiana Housing Corporation Board of Directors held its annual meeting to conduct elections and review financial reports. The board approved the minutes from the June 11, 2025 meeting and elected a Vice-Chairwoman. No other substantive votes were recorded.

• Approved June 11, 2025 BODM Minutes (unanimous)
• Elected Tonya P. Mabry as Board Vice-Chairwoman by acclamation

Housing Corporation Board of Directors

The Louisiana Housing Corporation Budget and Finance Committee will meet to review financial documents. The committee will discuss the FY 2024-2025 operating budget, May 2025 balance sheets, and cash balances.

• Discussion of LHC Operating Budget for FY 2024-2025
• Discussion of LHC Balance Sheet for May 2025
• Discussion of LHC Profit & Loss by Funding Source for May 2025
• Discussion of LHC Unrestricted Cash Balances
• Approval of June 10, 2025 meeting minutes

The Budget and Finance Committee unanimously approved the minutes from its June 10, 2025 meeting. The committee reviewed the FY 2024-2025 operating budget, the May 2025 balance sheet, and unrestricted cash balances, but took no formal action on these items.

• Approved June 10, 2025 BFC Meeting Minutes (unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board will vote on a short-term operating budget for July–October 2025 and consider issuing up to $125 million in single-family mortgage revenue bonds. The board will also vote on resolutions to issue bonds for two New Orleans multifamily developments: $22 million for 4100 Bywater and $16 million for Touro Shakspeare, both seeking 4% Low-Income Housing Tax Credits.

• Action: Approval of May 14, 2025 meeting minutes
• Action: Resolution adopting a short-term LHC operating budget for July 1 – October 1, 2025
• Action: Resolution to issue up to $125 million in Single Family Mortgage Revenue Bonds
• Action: Resolution to issue up to $22 million in bonds for 4100 Bywater multifamily development in New Orleans
• Action: Resolution to issue up to $16 million in bonds for Touro Shakspeare multifamily development in New Orleans

The Louisiana Housing Corporation approved a short-term operating budget and authorized several bond transactions. The board approved the purchase of up to $125 million in Single Family Mortgage Revenue Bonds and authorized bond issuances for two New Orleans housing developments.

• Approved May 14, 2025 meeting minutes (unanimous)
• Adopted Short-Term FY26 Operating Budget for July 1, 2025 – October 1, 2025 (unanimous)
• Approved purchase of up to $125M Single Family Mortgage Revenue Bonds (unanimous)
• Approved issuance of up to $22M Multifamily Housing Revenue Bonds for 4100 Bywater in New Orleans (unanimous)
• Approved issuance of up to $16M Multifamily Housing Revenue Bonds for Touro Shakspeare in New Orleans (unanimous)
• Directed planning for the September 17–19, 2025 Board Retreat (unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Budget and Finance Committee will discuss the FY 2024-2025 operating budget and April 2025 financial statements. The committee is scheduled to vote on a short-term operating budget for the period of July 1, 2025, through October 1, 2025.

• Resolution adopting a Short-Term LHC Operating Budget (July 01, 2025 – October 01, 2025)
• Discussion of LHC Operating Budget for FY 2024-2025
• Review of LHC Balance Sheet for April 2025
• Review of LHC Profit & Loss by Funding Source for April 2025
• Discussion of LHC Unrestricted Cash Balances

The Budget and Finance Committee approved the minutes from May 13, 2025. The committee voted to favorably recommend a short-term 'placeholder' operating budget for the period of July 1, 2025, to October 1, 2025, for final approval by the Full Board.

• Approved May 13, 2025 BFC Meeting Minutes (unanimous)
• Recommended approval of Short-Term LHC Operating Budget (July 1, 2025 - Oct 1, 2025) for the Full Board

Housing Corporation Board of Directors

The Programs Committee will vote on resolutions to issue up to $125 million in single-family mortgage revenue bonds and up to $22 million in multifamily housing revenue bonds for a development in New Orleans. The committee will also consider a $16 million bond issuance for another New Orleans multifamily project. These actions aim to finance housing acquisition, construction, and tax credits.

• Resolution to issue up to $125,000,000 in Single Family Mortgage Revenue Bonds
• Resolution to issue up to $22,000,000 in Multifamily Housing Revenue Bonds for 4100 Bywater in New Orleans
• Resolution to issue up to $16,000,000 in Multifamily Housing Revenue Bonds for Touro Shakspeare in New Orleans
• Approval of minutes from the May 13, 2025 Programs Committee Meeting

The Programs Committee unanimously approved submitting three bond proposals to the Full Board for final approval on June 11, 2025. These include funding for single-family mortgages and two multifamily housing developments in New Orleans. The committee also approved the minutes from the May 13, 2025 meeting.

• Approved May 13, 2025 meeting minutes (unanimous)
• Recommended $125M Single Family Mortgage Revenue Bonds for Full Board approval
• Recommended $22M Multifamily Housing Revenue Bonds for 4100 Bywater in New Orleans (unanimous)
• Recommended $16M Multifamily Housing Revenue Bonds for Touro Shakspeare in New Orleans (unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors will hold its annual meeting to elect a vice-chairperson for the 2025-2026 term and discuss financial reports. The board will also vote on approving the minutes from the June 11, 2025 meeting. No other major decisions or proposals are listed on the agenda.

• Election of 2025-2026 LHC Board Vice-Chairperson
• Discussion of LHC Financials
• Approval of minutes from June 11, 2025 Board meeting

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board will consider approving up to $125 million in Single Family Mortgage Revenue Bonds and a resolution recognizing June 2025 as Homeownership Month. The board will also receive reports from the chairwoman and executive director, and discuss financials and an ongoing audit by the Louisiana Legislative Auditor.

• Action on $125M Single Family Mortgage Revenue Bonds (tax-exempt or taxable)
• Action on resolution recognizing June 2025 as Homeownership Month
• Discussion of LHC financials
• Discussion of ongoing Performance Audit by Louisiana Legislative Auditor
• Discussion of LHC Internal Audit Department makeup and responsibilities

The Board unanimously approved the issuance of up to $125 million in Single Family Mortgage Revenue Bonds. The Board also designated June as Homeownership Month in perpetuity and approved the minutes from the April 09, 2025 meeting.

• Approved issuance of up to $125,000,000 in Single Family Mortgage Revenue Bonds (Unanimous)
• Recognized June as Homeownership Month in perpetuity (Unanimous)
• Approved April 09, 2025 meeting minutes (Unanimous)

Housing Corporation Board of Directors

The Audit Committee will discuss the status of an ongoing performance audit by the Louisiana Legislative Auditor and the current makeup of the LHC Internal Audit Department. The committee will also consider approving minutes from its December 2024 meeting and hear public comments.

• Discussion on the status of the ongoing Performance Audit by the Louisiana Legislative Auditor.
• Discussion on the current makeup of the LHC Internal Audit Department and any future changes.
• Action to approve the minutes from the December 10, 2024 Audit Committee Meeting.

The Audit Committee approved the minutes from the December 10, 2024 meeting. Members discussed the Louisiana Legislative Auditor’s Performance Audit and the current makeup of the LHC Internal Audit Department. No other substantive decisions were made.

• Approved December 10, 2024 Audit Committee Meeting minutes (unanimous)

Housing Corporation Board of Directors

The Budget and Finance Committee of the Louisiana Housing Corporation Board of Directors will meet to discuss the LHC Operating Budget for FY 2024-2025, the March 2025 Balance Sheet, Profit & Loss by Funding Source, and Unrestricted Cash Balances. The committee will also vote on approving the minutes from the April 8, 2025 meeting. No action items are listed beyond the minutes approval.

• Discussion of LHC Operating Budget for FY 2024-2025
• Discussion of LHC Balance Sheet for March 2025
• Discussion of LHC Profit & Loss by Funding Source for March 2025
• Discussion of LHC Unrestricted Cash Balances
• Approval of minutes from April 8, 2025 Budget and Finance Committee Meeting

The Budget and Finance Committee approved the minutes from its April 8, 2025, meeting. The committee reviewed the FY 2024-2025 operating budget, the March 2025 balance sheet, profit and loss statements, and unrestricted cash balances, but no further formal actions were taken.

• Approved Minutes of the April 08, 2025 BFC Meeting (unanimous)

Housing Corporation Board of Directors

The Programs Committee will meet to discuss bond issuances and homeownership recognition. The committee is considering a resolution for up to $125,000,000 in Single Family Mortgage Revenue Bonds.

• Resolution for up to $125,000,000 of Louisiana Housing Corporation Single Family Mortgage Revenue Bonds
• Redemption of Series 2016 Federally Taxable Refunding Bonds on July 1, 2025
• Resolution recognizing June 2025 as Homeownership Month
• Approval of the April 08, 2025, meeting minutes

The Programs Committee approved two resolutions to be submitted to the Full Board for final approval. These include the issuance of single family mortgage revenue bonds and the perpetual recognition of June as Homeownership Month.

• Recommended approval of issuing up to $125,000,000 in Single Family Mortgage Revenue Bonds
• Recommended approval of recognizing every June in perpetuity as Homeownership Month
• Approved minutes of the April 08, 2025 Programs Committee Meeting

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors will meet to vote on financing for a housing development and the hiring of a Chief Financial Officer. The board will also discuss February 2025 financial reports and travel reimbursement policies.

• Proposed issuance of up to $18,000,000 in Multifamily Housing Revenue Bonds for Capstone at Covington Place at 19306 19th Avenue, Covington
• Action to approve the hiring of the LHC Chief Financial Officer
• Swearing-in of board appointees Lance M. Ned and Chance Miller
• Discussion of February 2025 Balance Sheet and Profit & Loss by Funding Source
• Discussion of LHC Board Travel Policy and Reimbursement of Travel Expenses

The Board approved the issuance of multifamily housing revenue bonds for a development in St. Tammany Parish. The Board also approved the hiring of a new Chief Financial Officer.

• Approved $18M in Multifamily Housing Revenue Bonds for Capstone at Covington Place (unanimous)
• Approved hiring of Steven Palazzo as Chief Financial Officer (passed with one NO vote)
• Approved February 12, 2025 meeting minutes (unanimous)
• Swore in new Board Members Lance M. Ned and Chance Miller

Housing Corporation Board of Directors

The Louisiana Housing Corporation's Administration Committee will meet to vote on a resolution approving the hiring of a Chief Financial Officer. The agenda also includes approval of prior meeting minutes and public comment period.

• Resolution to hire LHC Chief Financial Officer
• Approval of February 11, 2025 meeting minutes
• Public comments accepted via email or in-person

The Administration Committee voted to favorably submit the hiring of Steven Palazzo as Chief Financial Officer to the Full Board. The committee also approved the minutes from its February 11, 2025, meeting.

• Approved February 11, 2025 meeting minutes (unanimous)
• Recommended hiring of Steven Palazzo as CFO to Full Board (9-2)

Housing Corporation Board of Directors

The Budget and Finance Committee approved the minutes from its February 11, 2025, meeting. The committee reviewed the February 2025 balance sheet, profit and loss by funding source, and unrestricted cash balances. Board Chairwoman Wendy D. Gentry stated that the Board Travel Policy would be adhered to.

• Approved February 11, 2025 BFC Meeting Minutes (unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation Budget and Finance Committee will discuss the agency's balance sheet, profit and loss statements, and unrestricted cash balances for February. The committee will also review the board's travel policy and reimbursement of expenses.

• Approval of February 11, 2025 meeting minutes
• Review of February 2025 Balance Sheet
• Review of February 2024 Profit & Loss by Funding Source
• Discussion of Unrestricted Cash Balances
• Review of LHC Board Travel Policy and Reimbursement of Travel Expenses

The Budget and Finance Committee approved the minutes from its February 11, 2025, meeting. The committee reviewed the February 2025 balance sheet, profit and loss by funding source, and unrestricted cash balances. Board Chairwoman Wendy D. Gentry provided guidance on the Board Travel Policy and Reimbursement of Travel Expenses.

• Approved February 11, 2025 BFC Meeting Minutes (unanimous)

Housing Corporation Board of Directors

The Programs Committee will consider a resolution authorizing up to $18 million in multifamily housing revenue bonds for Capstone at Covington Place, a development at 19306 19th Avenue in Covington, St. Tammany Parish. The bonds would finance acquisition, construction, and equipping of the project, and the resolution would also allocate 4% Low-Income Housing Tax Credits. The committee will also vote on minutes from the February 11, 2025 meeting and hear public comments.

• Resolution for $18,000,000 Multifamily Housing Revenue Bonds for Capstone at Covington Place
• Allocation of 4% Low-Income Housing Tax Credits to the project
• Approval of minutes from February 11, 2025 Programs Committee meeting
• Public comments accepted via email or in-person sign-up

The Programs Committee approved the minutes from February 11, 2025. The committee also voted to favorably recommend a resolution for the issuance of up to $18 million in Multifamily Housing Revenue Bonds for a development in Covington to the Full Board.

• Approved February 11, 2025 Programs Committee Meeting minutes (unanimous)
• Favorably submitted resolution for up to $18,000,000 in Multifamily Housing Revenue Bonds for Capstone at Covington Place to the Full Board

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board will vote on the 2025 Qualified Allocation Plan, which governs how federal low-income housing tax credits are distributed. The board will also discuss December 2024 financial reports, including balance sheet, profit and loss, cash balances, and investments. Updates on community housing development organizations, the environmental department, facility planning, and the CFO hiring process are scheduled.

• Action on 2025 Qualified Allocation Plan (QAP) for housing tax credits
• Discussion of December 2024 balance sheet and profit/loss by funding source
• Update on Community Housing Development Organization (CHDO) funding and training
• Update on LHC Fiscal Year 2025 staffing plan
• Update from task force on hiring LHC Chief Financial Officer

The Board unanimously approved the State's 2025 Qualified Allocation Plan and amended a legal services contract. The meeting also recorded the resignations of Board Member Christian Gil and Board Chairman Stephen I. Dwyer.

• Approved State's 2025 Qualified Allocation Plan (unanimous)
• Approved January 08, 2025 BODM minutes (unanimous)
• Approved $15K increase and 'as needed' scope change for R. Gray Law Offices contract (unanimous)
• Acknowledged resignation of Board Member Christian Gil effective January 31, 2025
• Recorded resignation of Board Chairman Stephen I. Dwyer

Housing Corporation Board of Directors

The Louisiana Housing Corporation's Administration Committee will meet to discuss updates on Community Housing Development Organizations (CHDOs), the LHC Environmental Department, the Facility and Planning Department, and the Fiscal Year 2025 Staffing Plan. The committee will also receive a report from the task force overseeing the hiring of the LHC Chief Financial Officer. No votes on substantive items are scheduled beyond approval of prior meeting minutes.

• Discussion on CHDO quarter meetings, CHDO University syllabus, and available funding
• Update on LHC Environmental Department
• Update on LHC Facility and Planning Department
• Discussion of LHC Fiscal Year 2025 Staffing Plan
• Update from task force on hiring LHC Chief Financial Officer

The Administration Committee approved a recommendation to the Full Board to increase the Sexton Law Office contract by $15,000 and move to an 'as needed' retainer. The committee also discussed budget cuts of $1.5M and the lack of an official layoff plan. Other items including CFO hiring and CHDO allocations were discussed without formal action.

• Approved January 07, 2025 meeting minutes (unanimous)
• Approved motion to add layoff avoidance and legal contract amendment to agenda (unanimous)
• Recommended to Full Board increasing Sexton Law Office funds by $15K and changing scope to 'as needed' basis (unanimous)

Housing Corporation Board of Directors

The Louisiana Housing Corporation's Budget and Finance Committee will meet on February 11, 2025, to discuss the agency's December 2024 balance sheet, profit and loss by funding source, unrestricted cash balances, and investment analysis. The committee will also consider approving minutes from its January 7 meeting and take public comments.

• Discussion of LHC Balance Sheet for December 2024
• Discussion of LHC Profit & Loss by Funding Source for December 2024
• Discussion of LHC Unrestricted Cash Balances
• Discussion of analysis of LHC Investments

The Budget and Finance Committee approved the minutes from its January 7, 2025 meeting. The committee discussed the December 2024 balance sheet, profit and loss statements, cash balances, and investments, but took no formal action on these financial reports.

• Approved Minutes of the January 07, 2025 BFC Meeting (unanimous)

Housing Corporation Board of Directors

The Programs Committee will consider and vote on a resolution approving the state's 2025 Qualified Allocation Plan (QAP), which governs how federal low-income housing tax credits are distributed. The meeting also includes approval of prior minutes, a chairman's report, and public comment.

• Resolution to approve the 2025 Qualified Allocation Plan (QAP) for low-income housing tax credits
• Approval of minutes from the January 7, 2025, Programs Committee meeting
• Public comments accepted via email before 12:00pm CST on Feb 11 or in person during the meeting

The Programs Committee approved a resolution to submit the State's 2025-2026 Qualified Allocation Plan (QAP) to the Full Board for final approval. The plan includes updates to developer fee caps, submission deadlines, and mandatory requirements for Wi-Fi and fortified roofing in specific areas.

• Approved January 07, 2025 Programs Committee Meeting minutes (unanimous)
• Approved resolution to submit 2025-2026 Qualified Allocation Plan favorably to the Full Board

Housing Corporation Board of Directors

The Louisiana Housing Corporation Board of Directors will meet to discuss financial reports and administrative updates. The body is deciding on the 2025 Qualified Allocation Plan and changes to corporate bylaws.

• Resolution approving the State's 2025 Qualified Allocation Plan (QAP)
• Resolution approving LHC Bylaws changes regarding electronic meetings
• Resolution to approve and amend the professional services contract with The Law Offices of R. Gray Sexton
• Resolution regarding analysis of LHC Investments
• Proposed Bylaws change to authorize the Board to appoint the LHC Chief Financial Officer

The Board unanimously approved amendments to the bylaws to allow electronic meetings per Act 393 and authorized the Executive Director to select a new CFO subject to Board approval. Several other items, including LHC Investments and the 2025 Qualified Allocation Plan, were deferred to February meetings.

• Approved December 11, 2024 meeting minutes (unanimous)
• Approved bylaws amendment for electronic meetings per Act 393 (unanimous)
• Approved authority for Executive Director to hire CFO subject to Board approval (unanimous)
• Deferred LHC Investments resolution to February 11, 2025
• Deferred 2025 Qualified Allocation Plan (QAP) resolution to February 12, 2025
• Withdrew contract for Law Offices of R. Gray Sexton prior to meeting

Housing Corporation Board of Directors

The Budget and Finance Committee approved the minutes from the December 10, 2024 meeting. The committee reviewed the November 2024 balance sheet, profit and loss reports, and cash balances, but deferred a decision on investments.

• Approved Minutes of the December 10, 2024 BFC Meeting (unanimous)
• Deferred LHC Investments matter until February 11, 2025 (unanimous)

Housing Corporation Board of Directors

The Programs Committee will consider approving the state's 2025 Qualified Allocation Plan, which governs how federal housing tax credits are distributed. The committee will also discuss the final pricing book for LHC 2024A&B bonds. Public comments will be accepted before and during the meeting.

• Resolution to approve the State's 2025 Qualified Allocation Plan (QAP)
• Discussion of Final Pricing Book for LHC 2024A&B bonds
• Approval of minutes from the December 10, 2024 meeting
• Public comments limited to 3 minutes per speaker

The Programs Committee approved a resolution to submit the State's 2025-2026 Qualified Allocation Plan favorably to the Full Board. The committee also approved the minutes from the December 10, 2024 meeting.

• Approved December 10, 2024 Programs Committee Meeting minutes (unanimous)
• Approved resolution to submit 2025-2026 Qualified Allocation Plan favorably to Full Board

Housing Corporation Board of Directors

The Administration Committee will vote on proposed bylaw changes to allow electronic meetings per Act 393 (2023) and discuss a task force update on hiring a Chief Financial Officer. A separate notice proposes authorizing the board to appoint the CFO. The committee will also consider approving a contract amendment with The Law Offices of R. Gray Sexton.

• Resolution to approve LHC Bylaws Changes reflecting Act 393 on electronic meetings
• Discussion and update from task force overseeing hiring of LHC Chief Financial Officer
• Notice of proposed bylaw change to let board appoint the CFO
• Resolution to approve and amend contract with The Law Offices of R. Gray Sexton
• Discussion on CHDO Quarterly Meetings, CHDO University, and 2023 operating funds

The Administration Committee unanimously approved a resolution to amend bylaws regarding electronic meetings to be submitted to the Full Board. The committee also recognized the Executive Director's authority to hire a CFO subject to Board approval.

• Approved December 10, 2024 meeting minutes (unanimous)
• Approved resolution to amend bylaws for electronic meetings per Act 393 for Full Board submission (unanimous)
• Recognized authority of LHC Executive Director to hire a CFO subject to Board approval (unanimous)
• Withdrew contract for Law Offices of R. Gray Sexton

Housing Corporation Board of Directors

The Budget and Finance Committee will discuss the corporation's November 2024 balance sheet, profit and loss by funding source, and unrestricted cash balances. The committee will also consider a resolution regarding the analysis of LHC investments.

• Approval of December 10, 2024, meeting minutes
• Discussion of November 2024 Balance Sheet
• Discussion of November 2024 Profit & Loss by Funding Source
• Discussion of LHC Unrestricted Cash Balances
• Resolution regarding analysis of LHC Investments