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Council records support for $200M CAFA first‑time homebuyers bond program
Summary
Council moved to authorize signing a certificate supporting the CAFA first‑time homebuyers bond program; staff clarified the parish is only providing support and not receiving or spending the $200 million referenced in the program.
The committee approved a motion to authorize signing a certificate of support for the CAFA first‑time homebuyers bond program. In discussion, members sought clarification about the program dollar figure—"200,000,000," one member asked aloud—and staff clarified the parish would merely support the regional bond program, not receive or expend the $200 million.
The motion was moved by Mister Harding and seconded by Mister Babin; voting machines recorded the motion as passing with nine yays. Administration emphasized the action was a certificate of support, not an appropriation or commitment of parish funds.
What’s next: The signed certificate will be transmitted as an expression of municipal support when the CAFA program proceeds through its processes.
