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Regular Session, 2012
SENATE BILL NO. 714
BY SENATOR BROOME
HOUSING. Provides relative to the Louisiana Housing Corporation Act. (8/1/12)
AN ACT1
To amend and reenact R.S. 40:600.87(8), and 600.91(A)(18)(c),(27), and (28)(b)(ii), and to2
enact R.S. 40:600.91(E), relative to the Louisiana Housing Corporation Act; to3
provide for the definition of "persons or families of low or moderate income"; to4
provide for the powers and duties of the corporation; to provide for members on the5
commission; and to provide for related matters.6
Be it enacted by the Legislature of Louisiana:7
Section 1. R.S. 40:600.87(8), and 600.91(A)(18)(c), (27), and (28)(b)(ii) are hereby8
amended and reenacted and R.S. 40:600.91 (E) is hereby enacted to read as follows: 9
§600.87. Definitions10
The following terms, whenever used or referred to in this Chapter shall have11
the following meanings, unless the context clearly indicates otherwise:12
* * *13
(8) "Persons or families of low or moderate income" means an individual or14
household whose income qualifies as low income or moderate income as defined by15
the United States Department of Housing and Urban Development (HUD) as16
adjusted from time to time. HUD defines low income as any individual or household17 SB NO. 714
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earning less than fifty percent of the area median income. HUD defines moderate1
income as any individual or household earning between fifty percent and eighty2
percent of the area median income. determined from time to time by the3
corporation's board of directors in a manner consistent with federal housing4
programs.5
* * *6
§600.91. Powers and duties of the corporation7
A. The corporation shall have the powers necessary or convenient to carry8
out and effectuate the purposes and provisions of this Chapter, including the9
following powers in addition to all other powers granted by other provisions of this10
Chapter:11
* * *12
(18) In carrying out its functions under this Chapter, the corporation shall13
accomplish all of the following:14
* * *15
(c) The board of directors of the corporation shall establish statewide policy16
for the financing of housing for persons or families of low or moderate income and17
for senior citizens and persons with disabilities and such policy shall apply to all18
units, divisions, agencies, public corporations, and instrumentalities of the state,19
including the division of administration, office of community development,20
involved directly or indirectly in financing single family or multi-family housing for21
such persons or families.22
* * *23
(27) The corporation shall have all powers necessary to access any and all24
federal funding related to housing. The corporation may access programs funded25
by the Department of Housing and Urban Development's Community26
Development Block Grants.27
(28) * * *28
(b) * * *29 SB NO. 714
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(ii) The commission shall be comprised of the following members:1
* * *2
(oo) The superintendent of the Department of Education, or his3
designee.4
(pp) The secretary of the Department of Economic Development, or his5
designee.6
* * *7
E. The Louisiana Housing Corporation is authorized and directed to8
finance mixed-income residential rental developments or homeownership using9
federal housing tax benefits or any other available federal funds or benefits.10
The original instrument and the following digest, which constitutes no part
of the legislative instrument, were prepared by Ann S. Brown.
DIGEST
Present law defines "persons or families of low or moderate income" as an individual or
household whose income qualifies as defined by HUD. HUD defines:
1. Low income as individuals or household earnings less than 50% of the area median
income.
2. Moderate income as individuals or household earnings between 50% and 80% of the
area median income.
Proposed law changes present law by removing HUD's income limit as a qualifier in
identifying "persons or families of low or moderate income".
Proposed law allows the board of directors of the Louisiana Housing Corporation (LHC) to
determine who qualifies as a "person or families of low or moderate income" in a manner
consistent with federal housing programs.
Present law provides that the board of directors of the corporation shall establish statewide
policy for the financing of housing for persons or families of low or moderate income and
for senior citizens and persons with disabilities. Further provides that such policy shall
apply to all units, divisions, agencies, public corporations, and instrumentalities of the state
involved directly or indirectly in financing single family or multi-family housing for such
persons or families.
Proposed law adds the division of administration, office of community development as
another state agency that must apply the policy as established by the corporation's board of
directors.
Present law provides that the corporation shall have all powers necessary to access any and
all federal funding related to housing.
Proposed law retains present law and specifies that the corporation may access funds
provided through HUD's Community Development Block Grants. SB NO. 714
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Present law provides for a 15 member board of commissioners comprised of the following:
1. The executive director of the Louisiana Housing Corporation, or his designee.
2. One member appointed by the commissioner of administration to represent the office
of facility planning and control.
3. The secretary of the Department of Transportation and Development, or his
designee.
4. The secretary of the Department of Children and Family Services, or his designee.
5. The president of the Louisiana Housing Alliance, or his designee.
6. One member appointed by the National Association of Regional Councils from its
Louisiana chapter.
7. One member appointed by the Louisiana chapter of the Association of Metropolitan
Planning Organizations.
8. One member appointed by the National Association of Housing and Redevelopment
Officials from its Louisiana chapter.
9. One member appointed by the Center for Planning Excellence.
10. Two members of nonprofit housing development organizations appointed by the
board of the Louisiana Housing Corporation.
11.One member appointed by the Louisiana Housing Council.
12.One member appointed by the Policy Jury Association of Louisiana.
13.One member appointed by Louisiana Municipal Association.
14.One member appointed by the Louisiana state chapter of the American Planning
Association.
Proposed law retains present law and adds the following two persons to the corporation's
board:
1. The superintendent of the Department of Education, or his designee.
2. The secretary of the Department of Economic Development, or his designee.
Proposed law authorizes and directs LHC to financing mixed-income residential rental
developments or homeownership using federal housing tax benefits or any other available
federal funds or benefits.
Effective August 1, 2012.
(Amends R.S. 40:600.87(8), and 600.91(A)(18)(c),(27), and (28)(b)(ii); adds R.S.
40:600.91(E))