Baton Rouge, LA — The Louisiana Housing Corporation (LHC) joined the Gulf Coast Housing Partnership and other city and state partners to celebrate the completion of the Government Corridor development, a $8.56M restoration project which will feature 34 affordable single and duplex-style apartment homes in Mid City Baton Rouge.
This workforce housing development received $6.15M in Low Income Housing Tax Credit (LIHTC) Equity from the Louisiana Housing Corporation. The improvements include renovations to the kitchen and bathroom, energy-efficient HVAC, new appliances and windows, and FORTIFIED roofs.
"Low-income families deserve a quality standard of living," said LHC Executive Director Marjorianna Willman. "Revitalizing this area and turning it into an affordable and decent place to live is what we strive for at Louisiana Housing Corporation. We have seen much economic growth and updated infrastructure around Government Street, so we are proud to help fund this area that will provide another form of progress and revitalization."
Gulf Coast Housing Partnership has made a major commitment to the Baton Rouge community, and this is one of several affordable housing projects they have completed in the capital region.
"GCHP has been committed to the ongoing transformation of Mid City Baton Rouge since 2007, said GCHP President and CEO Kathy Laborde. "Through our investment into this neighborhood, we have created jobs and increased the financial investment of others." More importantly, though, we have done all this without displacing long-time residents, but instead providing them with an opportunity to live in quality, affordable housing."
Other partners that helped bring this project to life are Hunt Capital Partners, Aetna, CVS Health, Louisiana Office of Community Development, Essential Credit Union, United Bank, and the City of Baton Rouge. Louisiana Department of Insurance Commissioner Tim Temple and East Baton Rouge Mayor-President Sharon Weston-Broome participated in this grand opening. LHC is grateful to work alongside these partners to create affordable housing.