Housing Updates

June 2025 Board Meeting Recap

Written by Office of Public Affairs | Jun 13, 2025 4:44:09 PM

BUDGET & FINANCE COMMITTEE MATTERS

  • Discussed LHC Financials 
  • Approved the resolution adopting a Short-Term LHC Operating Budget from July 1, 2025, through October 1, 2025, as related to the LHC Operating Budget for the Fiscal Year ending June 30, 2026. 

PROGRAMS COMMITTEE MATTERS

  •  Approved the resolution accepting the parameter term proposal for the purchase of not exceeding $125M of LHC Single Family Mortgage Revenue Bonds.
  • Approved the resolution of intention to issue not exceeding $22M in Multifamily Housing Revenue Bonds for 4100 Bywater, located at the southeast intersection of Royal Street and Mazant Street in New Orleans, LA.
  • Approved the resolution and authorization of the issuance of not
    exceeding $16M Multifamily Housing Revenue Bonds for Touro Shakspeare located at 2621 General Meyer Avenue, New Orleans, LA.