Thursday, 5 September 2024—The Louisiana Housing Corporation (LHC) will provide an update on the revised Draft 2025 Qualified Allocation Plan (QAP) and application timeline at the LHC Board of Commissioners Meeting being held at 10:30 AM Wednesday, September 11, 2024. LHC staff will post the revised Draft 2025 QAP to the agency’s website following the board meeting for public comments and expect to return with a final 2025 QAP for the LHC Board of Commissioners' approval at the October 9, 2024, board meeting. Special attention has been given to Governor Landry’s request for the LHC Board of Commissioners to reissue a 2025 QAP that includes a robust cost containment policy, and that provides greater emphasis on supporting the elderly and single-parent households as well as providing assistance for victims of domestic violence.
LHC received several comments about reinstating the threshold requirements related to fortified building construction to the 2025 Draft QAP. After further review, staff will be recommending that the resiliency standards established in the 2024 QAP remain in the 2025 QAP. While such standards contribute to higher development costs, the long-term advantages greatly outweigh the costs. Other measures to reduce development costs are being considered and will be discussed at the September 11, 2024, board meeting.
Comments will continue to be accepted until the QAP is approved by the LHC Board of Commissioners. Written comments may be submitted to qapcomments@lhc.la.gov. Thank you for the feedback and continued support for affordable housing in Louisiana.
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