For nearly half a century, the Louisiana Public Facilities Authority (LPFA) has been committed to strengthening economic development, health care and education across Louisiana through its bond financings and job creation initiatives.
AT A GLANCE
Top executives: Tricia A. Dubroc, President & CEO; Martin Walke, Vice President; Joni M. Leggio, Assistant Vice President
Phone: 225.923.0020 or 800.228.4755
Address: 2237 S. Acadian Thruway, Suite 650, Baton Rouge, LA 70808
As a conduit issuer of tax-exempt and taxable bonds, the LPFA has financed more than $29 billion in Louisiana since its inception in 1974. This includes more than $10.6 billion to assist health-care institutions, $7.38 billion for education and $6.8 billion for economic development, in addition to community and state financings.
Projects financed by the LPFA have helped generate more than 323,900 new jobs and more than $7.5 billion in additional personal earnings, according to an economic impact study by Dr. James Richardson.
By providing the means for qualifying projects and entities to receive tax-exempt financing and achieve interest cost-savings, the LPFA supports economic and community development across the state. The LPFA also develops innovative collaborations with federal, state and local government stakeholders that improve outcomes throughout Louisiana.
Through its low-interest revolving loan programs – the Local Government Bond Bank and Rural Development Loan programs – the LPFA provides support to improve drinking water and wastewater systems, energy efficiency, road infrastructure, and community centers.
In partnership with the Louisiana Department of Natural Resources, the LPFA administers an energy-efficiency revolving loan fund to assist local governments and achieve savings for taxpayers.
