The Louisiana Housing Corp. (LHC) has begun operating as the state’s new housing agency, administering dozens of programs, including the low-income housing tax credit.
The new agency consolidates the Louisiana Housing Finance Agency and the housing programs of the Office of Community Development, Department of Health and Hospitals, and the Department of Children and Family Services.
The Louisiana Housing Corp. was formed by Act 408 during the 2011 state legislative session, with the goal of consolidating the state’s housing programs under one roof, and the legislation was then signed by Gov. Bobby Jindal last August.
Led by Interim Executive Director Don Hutchinson, LHC had a July 1 launch date.
The corporation will be governed by an 11-member board made up of the state treasurer, six appointees from the governor, two appointees from the president of the state Senate, and two appointees from the speaker of the state House of Representatives. There are currently nine members, with two more members set to come from the Senate president and House speaker.
