Affordable Housing Weekly

Louisiana Housing Corporation's April 1 groundbreaking on the 80-unit Capstone at Covington Place lays out a real, disclosed financing stack -- $18 million in Multifamily Revenue Bonds, $979,460 in Low-Income Housing Tax Credits, and $15.1 million in CDBG-DR funds -- worth studying as one concrete example of how a bond-financed workforce housing deal actually gets assembled in Louisiana.

The Louisiana Housing Corporation and housing partner HRI Communities started construction on the 50-unit Esplanade Delille Apartments in New Orleans, a mixed-income 9% LIHTC deal that folds two ground-floor retail bays into the affordable housing structure -- a real example of the added underwriting layers a retail carve-out brings to a tax-credit deal.

West Tunnel Lofts in Houma won the highest score in Louisiana's 2024 QAP rural-area new-construction sub-pool, and LHC's own release discloses exactly how that $4 million rural set-aside splits between rehab and new construction -- a real structural detail worth knowing before targeting a rural 9% application.

Jackson Housing Authority's newly opened BlueCreek Apartments used a competitive 9% LIHTC award to replace decades-old public housing with 54 new units -- a real financing model Tennessee public housing authorities can replicate for their own aging stock.

THDA's 2026 Housing Market at a Glance series pairs a 315,000-unit statewide housing gap with a sharp affordability collapse -- only 32% of homes sold in 2024 were affordable to a median-income household, down from 71% in 2019 -- giving Tennessee developers real numbers to anchor a market-need narrative.

THDA's $600,000 Tennessee Housing Trust Fund grant to Highlands Residential Services for a 20-unit Cookeville project is real, useful evidence of how the state funds small permanent supportive housing deals entirely outside the LIHTC pipeline -- and on a rolling, not annual, cadence.

A September 9 TEFRA notice from Minnesota Housing sets up a September 17 public hearing on up to $10.6 million in tax-exempt conduit bonds for two greater-Minnesota rental developments -- a real look at how the state's 4% credit pipeline gets built one project at a time, outside the Twin Cities metro.

Four Tribal Homekey-funded developments opened or broke ground this year, from a 15-unit supportive complex in Lake County to a 26-unit senior development in the San Fernando Valley -- real proof that a non-LIHTC funding track can move faster than a tax-credit deal, for the projects eligible to use it.

HCD's fourth Prohousing Incentive Program round put $11.3 million behind 13 more California jurisdictions, bringing the total to 75 cities and counties holding the state's Prohousing Designation -- a real, checkable signal about local entitlement friction before you option a site there.

HCD's new $239 million Multifamily Housing Program Gap NOFA is the state's first funding round built specifically for deals that haven't secured tax-exempt bonds or 4% credits yet -- a real answer to the predevelopment gap that keeps otherwise-ready projects from reaching a competitive application.