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Incentive: Housing

Recognized by the State of Louisiana through Louisiana Housing Corporation as a Developer. We offer for low to middle income individuals in Allen Parish:

  • Home Ownership by working with lenders, realtors and counselors to offer down payment assistance, low-interest loans, tax credits, and financial training to make homeownership a reality.

  • Housing Development through tax credits to help finance the construction, acquisition and rehabilitation of affordable homes and rental housing.

  • Providing weatherization assistance to help reduce energy costs by increasing the energy efficiency of homes for eligible families and individuals.

  • Property Management Services

  • And More.

CHAAP is a program that uses its funds to help with home ownership and rental development.  Click the read more to read more about the CHAAP program.  When you're ready to apply, or need more verbal explanation, give us a call.

BOLCDCL has partnered with First Federal Bank of Louisiana to offer you the SNAP program through Federal Home Loan Bank of Dallas.  SNAP provides subsidies for the repair and rehabilitation of owner-occupied housing of eligible, special-needs individuals. Contact us to see if you qualify for this program and read more below.

Also known as the Section 502 Direct Loan Program, this program assists low- and very-low-income applicants obtain decent, safe and sanitary housing in eligible rural areas by providing payment assistance to increase an applicant’s repayment ability. Payment assistance is a type of subsidy that reduces the mortgage payment for a short time. The amount of assistance is determined by the adjusted family income.

CSAR is a program strictly for homeownership development.  These funds are used to acquire or rehab a previously built home unit.  Read more about the CSAR program below and give us a call when you're ready or have any questions.

Also known as the Section 504 Home Repair program, this provides loans to very-low-income homeowners to repair, improve or modernize their homes or grants to elderly very-low-income homeowners to remove health and safety hazards.  Read more about the program below and give us a call when you're ready.

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