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For 50 years, the Louisiana Public Facilities Authority (LPFA) has contributed to strengthening the state’s economic growth and resilience. Through its bond financings and job-creation initiatives, LPFA has served as a catalyst for enhancing economic development, healthcare and education across Louisiana communities.
As a conduit issuer of tax-exempt and taxable bonds, the LPFA has financed more than $29.8 billion through 882 bond issuances in Louisiana since it was created in 1974. There have been more than $30 million bond bank loans in LPFA funds, which have generated $4.9 million in savings for governmental entities across the state. Further, LPFA has financed $44 million through its Rural Development Loan program, generating an additional $1.1 million in savings.
AT A GLANCE
Top executives: Tricia A. Dubroc, President & CEO; Martin Walke, Vice President; Joni M. Leggio, Vice President
Phone: 225.923.0020 or 800.228.4755
Address: 2237 S. Acadian Thruway, Suite 650, Baton Rouge, LA 70808
Through its bond issuances and programs, LPFA has financed a diverse range of ventures, such as educational facilities, hospitals, student loans, industrial and economic development projects, and essential programs for state and local governmental units. By providing the means for qualifying projects and entities to receive tax-exempt financing and achieve interest cost-savings, the LPFA has provided crucial support for economic and community development across the state—furthering its mission to make Louisiana a better place to live, work and raise families.
