MacArthur Place housing development gets thumbs up from LHA

By JIM BUTLER

The Louisiana Housing Authority has determined the proposed MacArthur Place development poses no significant environmental impact and expects to move for release of project funds in November.

LHA is a middleman of sorts in providing affordable housing without public funding involved.

MacArthur Place, at 4721 South MacArthur Dr., will be a 64-unit gated certified green multi-family facility. Gap financing is $5.8 million in Community Development Block Grant disaster recovery funds 2016 (statewide flooding, $1.7 billion allocated) involved in the financing package.

LHC believes the project poses no significant impact on the human environment, therefore an Environmental Impact Statement is not required.

A caveat incorporated into the specifications:

Choctaw Nation of Oklahoma requested inadvertent discovery clauses in all the construction documents.

In event of any such discovery all agencies will be contacted, all work will cease, and any discoveries will be considered private and confidential.

Project developer is MGM of Calhoun. The revenue bonds to be issued are retired by project rental income.