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LOUISIANA HOUSING CORPORATION TRANSITION UPDATES
Updated December 22, 2011 Updates on the Louisiana Housing Corporation Transition Created by Act 408 of the 2011 Regular Legislative Session, the Louisiana Housing Corporation is a new agency that will run Louisiana's housing programs. Prior to this Act, Louisiana had more than 30 different housing programs run by five different state agencies. Act 408, signed by Governor Jindal in 2011, will streamline how the state runs its housing programs, creating a more efficient process for delivering services to developers and the public. The new Louisiana Housing Corporation will consist of programs currently run by the Disaster Recovery Unit and the Louisiana Housing Finance Agency and other state agencies. The transition to this new agency is run by the Louisiana Housing Corporation Transition team, which includes:
On December 15, 2011, the Committee presented its transition plans to the Senate Committee on Local and Municipal Affairs and the House Committee on Municipal, Parochial and Cultural Affairs for review. The Louisiana Housing Corporation Transition Plan Exhibits: Exhibit 5: LHFA Policy and Procedures ManualExhibit 9: Approved OCD-DRU Action Plan for the Use of Disaster Recovery Funds
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