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May 2026 Board Meeting

May 15, 2026

1-May-13-2026-04-44-24-3906-PM

LHC Board of Directors Honors

LHC Board of Directors Coordinator-Secretary Barry E. Brooks Upon his Retirement

3-May-13-2026-04-54-17-2943-PM

Mr. Brooks’s 19-plus years of unwavering dedication and service to the Louisiana Housing Corporation

have left a lasting impact and will always be cherished. He will officially retire at the end of May 2026.

 

BUDGET AND FINANCE COMMITTEE
  • The LHC Board of Directors discussed the LHC Quarterly Statement of Net Position.
  • Discussed the LHC Balance Sheet for March 2026
  • Discussed the LHC Profit & Loss by Funding Source for March 2026
  • Discussed the LHC Unrestricted Cash Balances
  • Discussed the LHC Proposed Operating Budget for FY 2026-2027
PROGRAMS COMMITTEE

  • The LHC Board of Directors approved the resolution for the proposal of Cedar Rapids Bank and Trust Company for the purchase of an additional One Million Fifty Thousand Dollars ($1,050,000) Multifamily Housing Revenue Drawdown Bonds for Federal City - Building 10 Project located at 2400 Guadalcanal St., New Orleans, Orleans Parish, Louisiana 70114.
  • Approved the resolution to issue Multifamily Housing Revenue Bonds in one or more series to finance the acquisition, rehabilitation, and equipping of multiple multifamily housing developments within the State of Louisiana described in Schedules I through X hereto; and providing for other matters in connection with the foregoing

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