PLAQUEMINE, La. (AP) — The Iberville Parish Council has authorized Parish President J. Mitchell Ourso to issue a $6.1 million loan-commitment letter to a Mississippi company to build affordable housing in St. Gabriel.

The loan to New Horizons Group is part of more than $40 million allocated under the federal disaster recovery program for hurricanes Ike and Gustav, Thomas David, manager of Iberville's Community Development Block Grant program, tells The Advocate (

Iberville already is using more than half the grant money to build a $20 million medical complex in Plaquemine.

The loan will serve as leverage toward the developer's construction of a 120-unit, multifamily apartment complex on a 16-acre site off Louisiana Highway 74 in St. Gabriel, David said.

Total cost of the project, called Windsor Court, is about $16.3 million, David said.


Information from: The Advocate,