Louisiana Community Development Authority

Nonprofit Corporations
In July of 1999, the LCDA Executive Committee approved a financing program for 501(c)(3) non-profit corporations in which the LCDA would provide tax-exempt financing for non-profit corporations such as hospitals, nursing homes, educational facilities, and other corporations located in municipalities or parishes.

Status:

To date, the LCDA has closed financings for The Trousdale Foundation ($4.3 million), UNO/Avondale ($24.9 million), Mary Bird Perkins Cancer Center ($4 million), St. James Place ($69.7 million), Delgado University ($4.3 million), Sheltering Palms Foundation ($18,785,000), Bio Medical Research Foundation ($21,355,000), Dillard University ($11.9 million), Holy Cross School ($1.5 million), Sheltering Palms, BRII ($9.5 million) Ouachita Christian Schools ($1.7 million), Continental Foundation ($8 million), Isidore Newman School ($12 million), Bellemont Apartments ($16 million), University of New Orleans Foundation ($963,687 Lease), Sheltering Palms of Monastery Point ($18.7 million), Point Camelot/Kingston Point/Camelot Apartments ($11.8 million), Parking Facilities Corporation ($47 million), Jefferson Facilities, Inc. ($9.3 million), the Jewish Federation of Greater New Orleans ($8 million), Nichols State University Student Housing ($20,000,000), Trinity Episcopal ($2,800,000), Oakleigh Apartments ($16,000,000), Baton Rouge Student Housing ($26 million), Southern University System ($2.5 million), Louisiana Tech University Student Housing ($25 million), Bossier Community College ($12 million), and Baton Rouge Community College ($65 million), Academy of the Sacred Heart of New Orleans ($9 million), Carlyle-Jefferson, L.L.C. - Carlyle Apartment Project, Gretna ($14 million), Cypress Apartments, Sheltering Palms, Lake Charles ($8.5 million), Mary Bird Perkins Cancer Center ($8 million), Baton Rouge Community College Equipment lease ($9.5 million), Christ Episcopal Church of Covington School Project ($3.5 million), St. James Place of Baton Rouge Project ($56 million), St. Pauls Episcopal School Project ($4 million)