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May 2025 Board Meeting Recap

May 19, 2025

 

May 2025

BUDGET & FINANCE COMMITTEE MATTERS 

  • Discussed LHC Financials

PROGRAMS COMMITTEE MATTERS

  • 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

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