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Police Jury OKs resolution to join bond program offering up to 5% forgivable grants for first-time buyers
Summary
The St. Helena Parish Police Jury authorized the president to sign a resolution tying the parish to the Capital Area Finance Authority Bond Program, allowing eligible first-time homebuyers to receive down-payment assistance as a forgivable grant of up to 5%.
The St. Helena Parish Police Jury on June 23 authorized the president to sign a resolution connecting the parish to the Capital Area Finance Authority Bond Program, a step intended to allow eligible first-time homebuyers to receive down-payment assistance in the form of a forgivable grant of up to five percent (5%). The motion was made by Police Juror Ryan Byrd and seconded by Police Juror Willie Morgan and carried unanimously by jurors present.
The action does not itself appropriate funds; it authorizes the parish president to execute the resolution that makes parish residents eligible under the bond program. The minutes record no discussion of program eligibility criteria or fiscal impacts to parish budgets; those details were not specified in the record. The resolution was listed on the meeting agenda under new business and recorded as unanimously approved by jurors present.
