Approved the resolution authorizing and approving the issuance of not exceeding One Hundred Twenty-Five Million Dollars ($125,000,000) of Louisiana Housing Corporation Single Family Mortgage Revenue Bonds in one or more tax-exempt or taxable series or subseries; approving the form of a Series Supplemental Indenture in connection with the aforesaid Bonds; requesting the State Bond Commission to approve the issuance, sale, and delivery of the Bonds; directing the Trustee to redeem the Louisiana Housing Corporation Single Family Mortgage Revenue Refunding Bonds (Mortgage-Backed Securities Pass-Through Program), Series 2016 (Federally Taxable) on July 1, 2025
Approved the resolution recognizing every June hereafter in perpetuity as Homeownership Month
AUDIT COMMITTEE MATTERS
Discussed the status of the ongoing Performance Audit by Louisiana Legislative Auditor (“LLA”)
Discussed the current makeup of the LHC Internal Audit Department and any plans for changes in that makeup and/or responsibilities in the future