Multifamily Revenue Bonds
The Multifamily Revenue Bonds program from Louisiana Housing Corporation provides tax-exempt bond financing to support affordable multifamily housing development and rehabilitation in Louisiana.
Funder: Louisiana Housing Corporation
Due Dates: Rolling (applications accepted year-round)
Funding Amounts: Financing amount varies by project; funds are provided through bond-financed loans for eligible multifamily developments.
Summary: Provides Louisiana developers with financing for the acquisition, construction, or rehabilitation of affordable multifamily housing for low- to moderate-income residents.
Key Information: Bond financing is available to developers; not a direct grant to individuals or researchers.
Description
The Multifamily Revenue Bonds program, administered by the Louisiana Housing Corporation (LHC), offers developers access to financing for the acquisition, construction, or rehabilitation of affordable multifamily housing across Louisiana. Through the issuance of tax-exempt bonds, the LHC supports projects that provide affordable rental homes to low- and moderate-income families and individuals, helping to address the state's housing needs. These bonds can be used for new construction or the substantial rehabilitation of existing properties and often pair with federal 4% Low-Income Housing Tax Credits (LIHTC).
