The LHC Board of Directors discussed the LHC FY26 Operating Budget v. Actuals.
Discussed the LHC Balance Sheet as of September 30, 2026
Discussed LHC Profit & Loss Grouped by Program
Discussed LHC Unrestricted Cash Balances
Programs Committee
LHC Board of Directors approved the resolution to authorize the Louisiana Housing Corporation (“LHC”) to issue a Notice of Funding Opportunity (“NOFO”) for the 2026 Community Housing Development Organization (“CHDO”) program to seek proposals from certified CHDOs for the development of affordable homeownership housing through acquisition and rehabilitation using $1,449,018.00 in HOME Investment Partnerships Program funds from the CHDO Reserve (“CR”).
Approved the resolution to authorize an application to the Louisiana State Bond Commission for approval of Louisiana Housing Corporation Single Family Mortgage Revenue Bonds not to exceed Fifty Million Dollars ($50,000,000) 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; and providing for other matters in connection therewith.
