The Louisiana Housing Corporation (LHC) announced that over $129 million in nine percent LIHTCs were awarded to 20 developments that will create 877 apartments serving families, seniors and individuals with disabilities.

LHC’s Board of Directors also approved the issuance of $67.5 million in Multifamily Mortgage Revenue Bonds to create 446 affordable rental units across Louisiana. The developments represent a mix of new construction and preservation developments that aim to assist working families, households with children, seniors and people with disabilities.