The Twin Lakes of Leesville is the first public housing portfolio conversion in Louisiana leveraging HUD’s Rental Assistance Demonstration Program (RAD). The scattered-site development, with 194 units located in Leesville, LA, was originally built in 1968 and 1986. The Leesville Housing Authority’s (LHA) developments only received $1,000 in Capital Fund per unit per year from HUD and had over $25,000 in backlogged capital needs. The LHA engaged BGC Advantage as the master developer to assist with the RAD conversion and leverage the LIHTC program. Meeting the goals established by the LHA and the impact on the community make this project unique.
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