Get email alerts on the Housing Finance topic
No spam. Unsubscribe anytime.
Commission approves financing for NSA East Bank Apartments project
Summary
The State Bond Commission approved Item 17 (Louisiana Housing Corporation — NSA East Bank Apartments Project) after presentations by developer NSAEB 603, LLC and bond counsel Butler Snow LLP; the approval was moved by Angelique Freel and seconded by Representative DeVillier.
Item 17 on the Aug. 20 agenda concerned the Louisiana Housing Corporation request for the NSA East Bank Apartments Project. Ms. Folse provided the staff synopsis and the minutes record additional information provided by Brian Gibbs, identified as Developer for NSAEB 603, LLC, and Wayne Neveu, identified as Bond Counsel with Butler Snow LLP. Ms. Angelique Freel moved approval of Item 17; Representative Phillip R. DeVillier seconded and the commission approved the item without objection.
The minutes do not include dollar amounts or the precise financing structure; they do note the parties who presented additional information to the commission. Because the minutes are a condensed record rather than a verbatim transcript, no direct speaker quotations are recorded in the minutes.
AI generated
The text on this page is AI generated. Summaries, highlights, analysis, and video transcripts are all produced from the original source material.
AI can make mistakes, so if you spot one, and we will fix it for everyone.
Note: the source content is unaltered by us. Any content source we link to, be it a video, an audio recording, or a document, is presented exactly as its publisher released it. That publisher is usually a government body, sometimes an individual official or another organisation.
