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Resilience Soft Second Program

Multiple County, Louisiana

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Income limit

80% AMI

Of area median income; varies by county and household size

Price cap

$271,164

Highest purchase price the program allows

Repayment

Forgivable

Forgiven after 10 years

What is Resilience Soft Second Program?

Resilience Soft Second Program is a forgivable loan for homebuyers in Multiple County, Louisiana.

  • Hurricane Ida CDBG-DR soft second up to $60K. 0% deferred / forgivable over 10 years. 80% AMI. 640 FICO. Max PP $271,164. Available in 25 Ida-declared parishes only.
  • Louisiana Housing Corporation's Resilience Soft Second Program is a CDBG-DR (Community Development Block Grant - Disaster Recovery) funded soft second mortgage program for parishes affected by Hurricane Ida. Provides up to $60,000 in soft second financing structured as a 0% interest, deferred / forgivable loan. Funds may be used for down payment, closing costs, principal reduction, and gap financing on home purchases in the 25 federally declared Hurricane Ida disaster parishes. Forgiven over 10 years of owner-occupancy. Maximum purchase price $271,164. Income at or below 80% AMI.
  • Funding comes from Federal and CDBG-DR.

Do you have to pay it back?

Resilience Soft Second Program is forgiven after 10 years, so a buyer who stays that long does not repay it.

  • Repayment is triggered by Forgiven over 10 years of owner-occupancy (1/10 per year). Unforgiven balance due on sale, refinance, transfer, or non-owner-occupancy before 10 years.
  • The assistance is recorded in 2nd Lien position.
  • Forgiveness and repayment terms are set by the program and can change — confirm them on the official program page before applying.

Who qualifies?

Resilience Soft Second Program is open to first-time homebuyers and buyers who will live in the home as their primary residence.

The program requires

  • First-time homebuyer — with exceptions: First-time homebuyer required.
  • The home is occupied as a primary residence
  • On credit: 640 minimum FICO; lender overlays may apply.
  • A completed homebuyer education course, through LHC-approved 8-hour HUD-certified homebuyer education required. Pre-purchase counseling at HUD-approved housing counseling agency.
  • Residency: Property must be located in one of the 25 federally declared Hurricane Ida disaster parishes (Ascension, Assumption, East Baton Rouge, East Feliciana, Iberia, Iberville, Jefferson, Lafourche, Livingston, Orleans, Plaquemines, Pointe Coupee, St. Bernard, St. Charles, St. Helena, St. James, St. John the Baptist, St. Martin, St. Mary, St. Tammany, Tangipahoa, Terrebonne, Washington, West Baton Rouge, West Feliciana). Must be borrower's primary residence.
  • Citizenship or immigration status: Per HUD CDBG-DR federal eligibility - U.S. citizen or qualifying non-citizen.
  • First-time homebuyer required. Owner-occupied primary residence in eligible Hurricane Ida disaster parish: Ascension, Assumption, East Baton Rouge, East Feliciana, Iberia, Iberville, Jefferson, Lafourche, Livingston, Orleans, Plaquemines, Pointe Coupee, St. Bernard, St. Charles, St. Helena, St. James, St. John the Baptist, St. Martin, St. Mary, St. Tammany, Tangipahoa, Terrebonne, Washington, West Baton Rouge, or West Feliciana. 640 minimum FICO. Max 45% DTI. Income at or below 80% AMI ($46,000 1p / $86,750 8p). Maximum purchase price $271,164. 8-hour homebuyer education required. Property must meet HUD HQS / NSPIRE standards.

The program excludes

  • Purchases above the $271,164 price cap
  • Households above 80% of area median income

These are the program's own published rules, not a decision about any individual — the administering agency and a lender determine who actually qualifies.

What are the income limits?

Resilience Soft Second Program limits household income to 80% of the area median income, which varies by county and household size.

  • HUD CDBG-DR / HOME income limits at 80% AMI. Range: $46,000 (1-person) to $86,750 (8-person), varies by parish. Verify parish-specific limit at lhc.la.gov.
  • The limit applies to total household income, not only the borrower’s.
  • The program lists a maximum household size of 8.
  • Area median income figures are published by HUD and updated annually, so check the current table for the county before relying on a number.

What kind of home can it be used for?

Resilience Soft Second Program caps the purchase price at $271,164.

  • Eligible property types include Single-family detached, condominium, townhouse, PUD. New construction and existing properties. Manufactured housing on permanent foundation (per HUD standards).
  • New construction is eligible.
  • Manufactured homes are eligible.

Is there eligibility for specific groups?

Resilience Soft Second Program names veterans, active-duty service members, reservists and National Guard members, and surviving spouses among the groups it serves.

  • Being named here means the program mentions the group, not that membership alone qualifies an applicant — the rest of the eligibility rules still apply.

Where does it apply?

Resilience Soft Second Program serves buyers purchasing in Multiple County, Louisiana.

  • The program targets specific areas: Restricted to 25 federally declared Hurricane Ida disaster parishes per LA Governor's disaster declaration / FEMA-DR-4611-LA: Ascension, Assumption, East Baton Rouge, East Feliciana, Iberia, Iberville, Jefferson, Lafourche, Livingston, Orleans, Plaquemines, Pointe Coupee, St. Bernard, St. Charles, St. Helena, St. James, St. John the Baptist, St. Martin, St. Mary, St. Tammany, Tangipahoa, Terrebonne, Washington, West Baton Rouge, West Feliciana.

How do you apply?

Applications for Resilience Soft Second Program go through the administering agency, which publishes the current terms and the application steps on its own site.

  1. Take a homebuyer education course

    Required by the program, through LHC-approved 8-hour HUD-certified homebuyer education required. Pre-purchase counseling at HUD-approved housing counseling agency..

  2. Contact the administering agency to reserve funds

    Funds are reserved through Application through LHC; reserved subject to CDBG-DR allocation availability. First-come, first-served., and are subject to availability.

  3. Work with a lender who handles the program

    Hey Prescott is not a lender and does not accept applications; this page describes the program so a buyer can take it to a lender or housing counselor.

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