NewsCovering Louisiana


Two Acadiana Affordable Housing Developments Are Receiving Grants

Posted at 8:05 AM, Nov 13, 2020

Two Acadiana affordable housing developments are receiving grants from the Federal Home Loan Bank in Atlanta.

According to our partners at The Advocate, the Villas of Lafayette will get $10.4 million.

That facility will house senior making 20-60 percent of the area median income.

Country Ridge Estates, an Opelousas development that is touted as an "environmentally-friendly" development will get $8.1 million.

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