Page 4 - Louisiana Housing Corporation FY 2016 Annual Report
P. 4
Who we are...
As the state’s housing nance agency, Louisiana Housing Corporation (LHC) is a
quasi-governmental agency that is self supporting,
and invests in aordable housing solutions for Louisiana residents.
We are a government-created entity that We were created by the Legislature in 1980 and We receive no state general funds and
was established to meet the state’s unique reorganized as an independent corporation in pay corporation expenses with income
aordable housing needs through the use 2011. We operate under a board of directors from mortgage and bond programs
of housing bonds, housing credits, and appointed by the Governor, House Speaker, and and administrative fees from federal
other federal resources. Senate President. The Treasurer is an ex-ocio government programs.
member of our board.
...we are a self supporting, quasi-governmental,
housing nance agency.
What we do...
The LHC partners with state and federal agencies to administer programs that assist low and
moderate-income families; the homeless, disabled, and elderly; and others who need housing
with supportive services. We nance aordable homeownership opportunities,
aordable rental homes, and provide energy assistance.
...we create aordable housing.
