Finance
In Louisiana, what is the primary purpose of the Louisiana Housing Corporation?
ATo regulate real estate brokers and salespersons
BTo provide affordable housing financing programs, including mortgage revenue bonds and low-income housing tax credit allocations✓ Correct
CTo manage state-owned public housing developments
DTo insure all Louisiana mortgages against default
Explanation
The Louisiana Housing Corporation (formerly Louisiana Housing Finance Agency) administers affordable housing programs including mortgage revenue bond programs, the Low-Income Housing Tax Credit (LIHTC) program, and down payment assistance — expanding homeownership opportunities.
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