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Piggyback Program

Program Description

The Louisiana Housing Corporation released this Notice of Funding Availability and Program Implementation Guideline (“NOFA” or “Program Description”) for the preliminary commitment of $33,850,000.00 of Community Development Block Grant Disaster Recovery funds (CDBG-DR funds). This NOFA was designed to provide funding for the new construction development or acquisition/rehabilitation of multifamily affordable housing developments that provide affordable housing as stipulated herein. Successful applicants will be able to utilize CDBG-DR funds with 4% Low Income Housing Tax Credits (LIHTC) and LHC Multifamily Revenue Bonds.

More eligibility and further requirements may be found within this "NOFA".

Resources

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Recovery Programs