Louisiana

ICAST’s IRA & BIL Instant Benefit Estimate Calculator is now available on NH&RA’s website under the Resources section.

The Louisiana Housing Finance Agency is in the process of implementing an initiative to allocate its remaining $1.7 million in Tax Credit Assistance Program (TCAP) funds.

The U.S. Census Bureau has released final tabulations from the 2009 American Housing Survey metropolitan survey of New Orleans in Excel format.

In the five years since Hurricane Katrina struck the Gulf coast, the New Orleans metropolitan area lost 75,000 housing units or nearly 13 percent of its housing stock. In addition, the median monthly cost of housing rose by nearly 33 percent, from $662 in 2004 to $882 in 2009.

The Louisiana Housing Finance Agency has released a series of frequently-asked-questions, as well as an updated application form for its 2010 low-income housing tax credit funding round.

The Louisiana Housing Finance Authority previously announced a strategy to allocate the remaining TCAP funds for increases in costs for existing LIHTC projects.

In 2009, the State of Louisiana received approximately $39,383,397 in TCAP funds from HUD. The Agency has allocated nearly $36 million, with approximately $3 million of TCAP funding remaining due to developers returning previously allocated funds.

The U.S. Department of Housing and Urban Development (HUD) recently announced that the current receivership team, Gilmore Kean, LLC will continue to lead the Housing Authority of New Orleans (HANO) from recovery to revitalization over the next three years.

Louisiana Housing Finance Agency has issued an RFP Special Tax Counsel for the Agency’s Low Income Housing Tax Credit Program.

Louisiana Housing Finance Agency has issued an RFP for a financial analysis consultant for the Agency’s Low Income Housing Tax Credit Program and related programs.

The Louisiana Housing Finance Agency (LHFA) has released a notice of ten frequently asked questions relating to LHFA’s 2010 RFP for market analysts.

The Louisiana Housing Finance Agency recently announced that it is seeking proposals from applicants to be placed into a pool of Market Analysts to provide individual market studies for projects to qualify for Low-Income Housing Tax Credits (LIHTC) in the State of Louisiana.

The Louisiana Housing Finance Authority (LHFA) has released a description of the procedures used for processing and ranking the requests for additional GO Zone tax credits, and provided examples of the procedures.