Louisiana Public Facilities Authority


Annual Report

Message from Management

Celebrating more than 48 years of service to the state, the LPFA has strived to strengthen neighborhoods, expand job and educational opportunities, and serve Louisiana families. Improving the quality of life for Louisiana, the state’s economic vitality and resilience has remained at the core of our products and services; and has been the aim of our tenure serving the LPFA for more than 28 years.

In December 2022, we announced the end of our leadership with the LPFA. It has been an honor to serve the citizens of Louisiana during a time of resilience and significant economic growth.

In 1995, the LPFA’s education division, Lela, launched the first low-cost student loan program in Louisiana, Super Trust Origination Program (TOP) and became the second lender in the country to offer discounts on student loans. This LPFA program saved student and parent borrowers more than $23 million in upfront savings and provided them the opportunity to save more than $155 million during repayment.

Improving the State’s quality of life has driven the LPFA’s longstanding partnership with LSU’s Pennington Biomedical Research Center. Partnering with LSU to generate more than $4.1 million in operating capital for the Center in 1988, the LPFA established the LPFA Chair in Nutrition at the Research Center in Baton Rouge in 2016. LPFA’s support formed a permanent endowment to fund internationally recognized research and to provide jobs and educational opportunities to Louisiana.

The LPFA’s mission to further education, health care and economic development in the state led to Louisiana’s first osteopathic medical school in 2018: University of Louisiana Monroe’s Edward Via College of Osteopathic Medicine (VCOM). Estimated to bring an economic impact of more than
$75 million to the region, the LPFA provided $30.8 million in bonds to finance its construction.

Together, we aimed to serve Louisiana citizens and to fulfill the mission and purpose of the LPFA with unwavering dedication and commitment. We look forward to the LPFA’s continued effort to make Louisiana a better place to live, work and raise families.


Guy Campbell III

Chairman, Board of Trustees

James W. Parks II

President & CEO 

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