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7/31/2019 LHA ListeningTour2012 FINAL
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LOUISIANA HOUSING ALLIANCE
Listening Tour 2012
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LHA: Listening Tour Agenda 2012
1. Welcome and Introductions2. Overview of the Louisiana Housing
Alliance3. Louisiana Housing Trust Fund4. Policy Discussion5. Wrap Up and Announcements
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Louisiana Housing Alliance: Our Mission
LHA is a non-profit, statewide coalition
that works to ensure the preservation and
production of quality affordable housingfor low and moderate income Louisianans
and those with special needs.
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Housing Trust Funds
45
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Housing Trust Funds in Southern States
Alabama Arkansas Texas Kentucky
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Housing Trust Funds: Who is served?
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Housing Trust Fund:
Public Revenue Sources
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Louisiana Housing Trust Fund
Created by the legislature in 2003 Received $25 million as one-time funding Had state income-tax check off as dedicated
revenue (expired in 2010)
Administered by the Louisiana HousingCorporation15 Member Volunteer Advisory CommitteeCompetitive Application Awards
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Louisiana Housing Trust Fund
Income TargetingMust serve populations at or below 120% Area Median
Income30% of Fund is dedicated to serving 30% Area Median
Income and below
Prioritized DevelopmentsSmaller Developments- less that 20 unitsRural developmentsAdditional leveragingReadiness to proceed
Affordability15 year period of Affordability
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Louisiana Housing Trust Fund:
Distribution of Funds
Regional Awards:
20 Developments
General Pool:10 Developments
30% Area Median
Income Set Aside:8 Developments
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Louisiana Housing Trust Fund:
Habitat for Humanity Calcasieu Area, Lake Charles
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Louisiana Housing Trust Fund:
Habitat for Humanity Ouachita, Monroe
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Louisiana Housing Trust Fund: Volunteers of
America of North Louisiana, Shreveport
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Louisiana Housing Trust Fund:
Renewal Homes, New Orleans
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Louisiana Housing Trust Fund:
By The Numbers Homes Created:35 Developments322 total units of housing
Special Populations Served:17 units of permanent supportive housing79 deeply affordable units (30% AMI and below)105 adaptable and accessible units
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Louisiana Housing Trust Fund: Summary
Approximately $1 million left
How much has been leveraged? $22 million Awarded$61 million in Total Development CostsCreated jobs, taxes, homes
Currently has no sustained revenue source
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Louisiana Housing Trust Fund:
Why It Matters Trust Funds are Flexible Affordable housing is part of our communities Housing is fundamental to the health of any
community
The private market cannot respond to homesthat require subsides
Housing is an investment: it creates jobs and iseconomic development
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Louisiana Housing Trust Fund:
Get Involved Sign up sheetTrust Fund Outreach CommitteeTrust Fund Communications CommitteeTrust Fund Advisory Committee
BlogLouisianahousingtrustfund.wordpress.org
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Louisiana Housing Alliance:
2012 Policy PrioritiesLegislative Partnerships Research
Louisiana HousingCorporationHousing andTransit Access
Strengthen TenantProtections
Foreclosure,Housing Counseling,Asset Building
Homelessness andSpecial Needs
Populations
AdjudicatedProperties
Homeowner andFlood Insurance
Public MeetingRequirements
Energy AssistanceandWeatherization
Assistance
Programs
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Looking Ahead:
Ranking 2013 Priorities Housing and Transportation Access Siting Affordable Housing Adjudicated Properties Tenants Rights and Landlord
Accountability Other?
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Louisiana Housing Alliance:
Announcements Louisiana Housing Alliance 5 Year
Anniversary: December 1st
Voter Registration Feedback on Today: Email Survey
Track our progress atlouisianahousingtrustfund.wordpress.com
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Wrap Up
What can we create together that wecannot create alone?
What promises am I willing to make?What gift have you received from
another person in the room today?
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Louisiana Housing Alliance: Contact Us
Nathan Cataline, Community Engagement [email protected], 504-444-1170
Ashley Lewis, Communications [email protected], 225-381-0041
Marla Newman, Executive [email protected],225-381-0041
@alliancela
Facebook.com/lahousingalliance
Louisianahousingtrustfund.wordpress.com