LHC Board of Directors Welcome

Two New Board Members 

Lance M. Ned                                                                         Chance Miller

LHC Honors Former LHC Board Chairman Stephen I. Dwyer for His Service

BUDGET & FINANCE COMMITTEE MATTERS 

• The Board of Directors discussed the LHC Balance Sheet for February 2025.
• Discussed LHC Profit & Loss by Funding Source for February 2025
• Discussed LHC Unrestricted Cash Balances
• Discussed LHC Board Travel Policy and Reimbursement of Travel Expenses

PROGRAMS COMMITTEE MATTERS 

• Approved the resolution authorizing the issuance of not exceeding $18M in Multifamily Revenue Bonds for Capstone at Covington Place located at 19306 19th Avenue, Covington, LA 70433. 

ADMINISTRATION COMMITTEE MATTERS 

• Approved the resolution of hiring the LHC Chief Financial Officer