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Committee asks Louisiana Housing Corporation to review rural affordable housing finance
Summary
The Senate Committee on Local and Municipal Affairs voted to report HCR 17 favorably, a resolution requesting the Louisiana Housing Corporation examine financing for rural affordable housing after testimony from Representative Young.
Chairman Senator Bowie on Wednesday reported HCR 17 out of the Senate Committee on Local and Municipal Affairs after Representative Young said the resolution asks the Louisiana Housing Corporation to review how it finances affordable housing in rural parishes.
Representative Young told the committee the measure is limited in scope. "This is a pretty simple resolution. It seeks to address the, affordable housing shortage that we have, not only in the country, but, particularly in rural areas," he said, adding that at least one parish in his district has not seen new affordable housing in about 40 years.
The resolution asks the state housing authority to examine financing practices and report back; it does not create a program or appropriate funds. Committee members offered no recorded opposition. On motion of Senator Bass the committee "report[ed] favorably HCR 17," with no objections recorded.
The vote to report the resolution favorably was voiced; no roll-call vote was recorded in the transcript. Because HCR 17 is a resolution requesting review rather than imposing a statutory mandate, it does not itself change state law or appropriate funding. The committee record lists no public witnesses in opposition or support who spoke orally during the hearing.
Committee action moves HCR 17 forward to the next legislative stage; any substantive changes or funding recommendations would require subsequent legislation or administrative action by the Louisiana Housing Corporation.
