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2023 Annual Report

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A Message from Director Willman

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Greetings

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It has been a privilege to serve the state as the Interim Executive Director of the Louisiana Housing Corporation (LHC).

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I’m thankful to my predecessors, specifically Mr. Joshua G. Hollins, for his dedicated leadership in stabilizing and setting a new direction for LHC. His commitment to the agency’s mission will have a lasting impact. What excites me most is the potential for LHC to reach new unchartered heights. I share with the esteemed LHC Board of Directors a vision for this agency - one centered on being the lead housing agency for Louisiana, touching every corner of this great state with our programs and enhancing affordable housing options for everyone. At its core, this vision aligns with our mission at LHC.

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Our mission at LHC remains clear - to provide safe, affordable, and energy-efficient housing for every Louisiana resident. With two decades of service in the affordable housing arena, over 15 of those years at LHC, I have witnessed the profound impact of our mission. Over the years, I have worked with LHC staff to successfully implement programs such as the Louisiana All In Plan to combat homelessness, the RentalRestoration and Development Program, the Developers Assistance Program, Keys for Service Down Payment Program, the Rural Rental Rehab Program, and more, all contributing to increased affordable housing options and housing stability for the residents of Louisiana.

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To our valued stakeholders, partners, and community members, I look forward to your continued collaboration. Your input and engagement are vital to advancing LHC’s mission and making a difference in our state. Through our collective efforts, we will continue to enhance the lives of those we serve. Together, we will move forward into a future guided by our mission, where safe, affordable, and energy- efficient housing becomes a reality for every Louisiana resident. We will build upon the solid foundation established by my predecessors and the dedicated team at LHC.

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Thank you for your ongoing support. I am excited about the journey ahead and confident we can work together to create positive change and brighter prospects for Louisiana.

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Warm regards,

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Marjorianna Willman

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Preview Our 2023 Highlights with Director Willman

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OUR MISSION

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The mission of the Louisiana Housing Corporation is to ensure that every Louisiana resident is granted an opportunity to obtain safe, affordable, energy-efficient housing.

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OUR VALUES

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Integrity
Transparency
Consistency
Efficiency
Client-Centric Approach
Expand our Reach
Identify and Leverage
The Power of Partnership

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OUR VISION

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The Louisiana Housing Corporation will be recognized as a catalyst, a coordinator, and a trusted partner in changing lives and communities across the state as we provide an increasing number of residents with the opportunity to live in safe, decent, and affordable housing.

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OUR COMMITMENT

Our commitment to addressing the daily housing challenges our fellow citizens face is unwavering. This commitment is upheld by a dedicated team of professionals who work tirelessly to allocate federal and state resources, thereby transforming the housing dreams of low-to-moderate-income individuals into a reality.

The inception of the Louisiana Housing Corporation (LHC) in 2011 marked a significant milestone in our state's approach to housing initiatives. It resulted from the Louisiana Legislature's strategic decision to merge the Louisiana Housing Finance Agency with housing programs from various state agencies, including Louisiana's Office of Community Development. This consolidation was aimed at centralizing Louisiana's housing programs, allowing for greater efficiency in addressing the state's housing needs through the elimination of duplicative efforts and thereby enhancing public services.

At LHC, our mission is to effectively administer federal and state funds through specialized programs that focus on advancing the development of energy-efficient and affordable housing options for low- and moderate-income families. In addition, we play a pivotal role in shaping housing policy for Louisiana and oversee the state's Disaster Housing Task Force, ensuring that our residents have access to safe, comfortable, and sustainable housing solutions.

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Project Highlights

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New Programs Launched

12 New Programs Launched in 2023

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Ribbon Cuttings

17 Ribbon Cuttings Held for New Housing Developments

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Ground Breakings

7 Ground Breakings for New Affordable Housing Projects in 2023

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Grand Openings

116 New Units Opened

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LOUISIANA HOUSING CORPORATION BOARD OF DIRECTORS

The Louisiana Housing Corporation is governed by a board of 13 members composed of the State Treasurer, two members appointed by the President of the Senate, two members appointed by the Speaker of the House, and 8 members appointed by the Governor. The board represents various housing sectors and the public.

LOUISIANA HOUSING CORPORATION EXECUTIVE TEAM

The LHC’s executive staff provides leadership and vision to ensure that the corporation is effectively managing its programs, assisting stakeholders, and achieving the LHC’s mission.

LOUISIANA HOUSING CORPORATION LEADERSHIP TEAM

The LHC’s daily functions are managed by a team of dedicated employees with decades of experience in housing and community development in both the public and private sector.

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GET TO KNOW LOUISIANA HOUSING CORPORATION (LHC)

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LHC oversees multiple initiatives to support renters, homebuyers, property owners, developers, nonprofit organizations, local governments, and other involved parties. Our dedicated team, consisting of 158 individuals, is steadfast in its commitment to providing secure, affordable, and energy-efficient housing options for residents throughout Louisiana.

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158 EMPLOYEES

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Program Departments

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Asset Management
CDBG-Disaster Recovery
Compliance and Construction Monitoring
Disaster Recovery and Small Rental
Energy Assistance, Weatherization, and Performance-Based Contract Administration
Environmental and Labor Compliance
HOME (Community Housing Development Organization)
Homelessness Solutions
Homeownership
Housing Development
Performance-Based Contract Administration
Rental Assistance

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Support Services Departments

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Accounting
Facilities Management
Governmental Affairs
Human Resources
Internal Audit
Legal Services
Policy & Reporting
Public Affairs
Technology Services

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READ THE 2023 ANNUAL REPORT

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