Welcome to the Rental Restoration and Development Program (RRDP). The recent natural disasters of 2020-2021 have significantly impacted Louisiana’s housing market, and we are here to help.
The RRDP provides $32 million in funding through a Community Development Block Grant Disaster Recovery (CDBG-DR) Notice of Funding Availability (NOFA).
The RRDP will assist Eligible Borrowers to repair, reconstruct, or build new affordable residential rental housing units in areas affected by Hurricanes Laura, Delta, Ida and/or the May 2021 floods, as specified by the U.S. Department of Housing and Urban Development.
Our goal at LHC is to support rental property owners and Louisiana communities in their efforts to recover and rebuild, ensuring affordable housing opportunities are available for tenants and creating safe, energy-efficient, and resilient communities across the state.
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Program participants must either have their own financial resources for construction or be able to obtain a construction loan from a private lender. Funding is provided after construction completion and placement of eligible tenants.
Properties located in special flood hazard areas are not eligible to receive funding.
The application intake period begins on Monday, May 1, and will remain open until Monday, July 31. For additional information about the RRDP NOFA, email rrdp@lhc.la.gov.
Click here or the image below to download the RRDP technical workshop presentation.