Earlier today in Baton Rouge, State Representative Katrina Jackson and Monroe Mayor Jamie Mayo met with Governor John Bel Edwards to discuss the important need for Disaster Recovery Dollars to assist Monroe, Ouachita Parish and northeast Louisiana residents. They were joined in this meeting by Keith Cunningham, Executive Director of the Louisiana Housing Corporation and Buddy Spillers, Chairman of the Board of the Louisiana Housing Corporation.
The fair is a "one-stop-shop" for homeowners and renters to find information and guidance from federal, state, local and non-profit agencies regarding disaster recovery. Participants include the U.S. Department of Housing and Urban Development, FEMA, the USDA, the state of Louisiana, Louisiana Housing Corporation, the City of Denham Springs, Livingston Parish, legal aid organizations and others.
Nicole Sweazy believes the time is ripe for federal agencies to cooperate and make pre-approval of disaster housing possible. "If there was a time to make it work," she said, "the time would be now because every one is together."
Keith Cunningham, executive director of the Louisiana Housing Corporation, which administers the program in Louisiana, says developers who already had purchased credits and have projects in the pipeline are stuck because they’re having a hard time selling the credits to investors and generating the cash they need to begin construction.
Attendees will have the opportunity to provide comments related to the 2017 QAP and are encouraged (but not required) to attend.
The multi-use construction was funded through the Louisiana Housing Corporation’s Low Income Housing Tax Credits, a $400,000 grant from the Office of Community Development. The Permanent Supportive Housing provided rental subsidies for 11 units, and the Housing Authority of New Orleans provided rental subsidies for 13 voucher-based units.
The EDA University Center of Economic Development at Southern University, Comnet LLC, LHC and other partners are presenting a Creating Neighborhood Developers training workshop. Aspiring developers, realtors and contractors are encouraged to attend.