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Louisiana State Bond Commission approves parishes' requests for funding for capital projects

Louisiana State Flag
Nicolas Raymond
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Flickr.com
Louisiana State Flag

On Thursday, August 20th, the Louisiana State Bond Commission approved election applications and funding for the following parishes: Bossier, Caddo, DeSoto, Jefferson Davis, Natchitoches, Ouachita, and Richland.

The Louisiana State Bond Commission also approved loans and financing for statewide expenses and capital projects:

Franklin Parish, Police Jury (DEQ Project): $500,000 Taxable Sewer Revenue Bonds for constructing and acquiring additions, extensions, and improvements to the wastewater collection, treatment, and disposal system comprising the facilities acquired from the former Sewerage District No. 1 known as the "Horace White Addition," including equipment and fixtures.

Louisiana Housing Corporation (NSA East Bank Apartments Project): $15,000,000 Multifamily Housing Revenue Bonds for acquiring, constructing, and equipping a 294-unit multifamily housing development in New Orleans.

Louisiana Public Facilities Authority (Qualified Broadband Project): $150,000,000 Revenue Notes (Volume Cap) for acquiring, equipping, maintaining and/or installing a qualified broadband project in Avoyelles, Beauregard, Bienville, Bossier, Calcasieu, Caldwell, Catahoula, Concordia, DeSoto, East Feliciana, Grant, Jackson, Lincoln, Natchitoches, Rapides, Red River, Sabine, St. Helena, St. Mary, Tensas, Vernon, and Winn Parishes.

Iberville Parish, City of Plaquemine: $10,000,000 Sales Tax Bonds for capital improvements, equipment, and furnishings.

Louisiana Community Development Authority (Beekman Charter School Project): $8,150,000 Revenue Bonds for construction and improvement of a permanent public junior high school building, classroom facilities, and related furniture and equipment at the Charter School, including replacement of existing modular facilities.

Louisiana Public Facilities Authority (Louisiana Key Academy Project): $30,000,000 Revenue Bonds for the acquisition, construction, equipping, and furnishing of Louisiana Key Academy - Baton Rouge, Louisiana Key Academy – Caddo, and Louisiana Key Academy - Northshore Charter Schools.

Sabine Parish, Fire Protection District No. 1, Wards 1 and 2: $550,000 Limited Tax Bonds for constructing, improving, and operating fire protection facilities, including purchasing vehicles and equipment.

“The projects approved represent smart investments in Louisiana’s future. The commission’s decisions will help fund improvements to sewerage disposal facilities, playground facilities, broadband access, and school facilities and multifamily housing, among other projects. These actions provide local governments the tools they need to serve the people of Louisiana.”Louisiana State Treasurer and Bond Commission Chairman John Fleming.

On December 12, 2026, voters throughout Louisiana will decide on a wide range of funding measures for projects involving sports tourism, health facilities, ambulance services, fire protection, public libraries, public elementary and secondary schools, water treatment, streets and drainage.

For more information visit, www.tresdury.la.gov

Kaileah Calloway is a sophomore attending the University of Louisiana Monroe majoring in communication.