A young realtor in a blue shirt stands in front of a newly-constructed house, talking to a couple with their arms around each other.

About JPFA

Our Mission

The Mission of the Jefferson Parish Finance Authority is to provide financial assistance to Jefferson Parish residents and the surrounding parishes for homeownership thereby enhancing economic development. Together with our participating lenders and realtors, we strive to make dreams of homeownership come true.

Renting can often be more costly than purchasing a home. Individuals who own homes develop a sense of pride and responsibility toward their surrounding community. National statistics indicate that homeownership reduces crime and domestic abuse, and helps to build communities.

What We Do

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For Lenders and Realtors

We provide access to lending programs for our qualified lenders and participating realtors.

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For Home Buyers

This in turn allows lenders and realtors to offer their customers and clients the opportunity to apply for these programs, helping them to purchase a home when this might otherwise be out of reach.

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Our Programs

We also promote our programs to ensure that lenders and realtors are aware of this option, making them more accessible to those who need them most.

Why Jefferson Parish?

Located in the New Orleans metro area, Jefferson Parish perfectly balances proximity to a major city with suburban charm.

To learn more about what makes this area a great place to work and live, check out this parish profile by the Jefferson Parish Economic Development Commission (JEDCO). JPFA is proud to complement JEDCO’s hard work of attracting business to the parish, by providing affordable homeownership for Jefferson Parish residents.

Metairie seen from a bird's-eye view. It is bright green and full of trees and pretty houses, with a bright blue ocean to the left.
The entrance gates to Lafreniere Park in Metairie, Louisiana. Beyond the open gates are grassy fields and tall trees, with people walking around.

Jefferson Parish also offers a lot of entertainment and attractions. To learn more about fun things to do in the area, check out the Jefferson Convention and Visitors Bureau.

All in all, Jefferson Parish is a well-rounded, enjoyable place to live, and JPFA works hard to make homeownership here possible.

History of JPFA

  • 1979 The Jefferson Parish Council established JPFA as a public trust, created pursuant to the provisions of the Louisiana Public trust Act contained in Chapter 2-A of Title 9 of the Louisiana Revised Statutes of 1950.
  • 2005 The Parish Council amends The Trust Indenture to expand the powers of the Authority.
  • Present Since 1979, the Jefferson Parish Finance Authority has financed approximately 12,000 home loans for $1 billion dollars.

JPFA provides financing of mortgage loans on single family residential real property. JPFA meets its purpose by issuing Mortgage-Backed Revenue Bonds. The Bonds of the Authority are secured by the underlying loans, which carry a guarantee from the Federal Government. JPFA programs offer interest rates that are competitive with those offered in the conventional mortgage market, as well as other incentives which may not be available through traditional financing.

Testimonials from JPFA Borrowers

Learn More About JPFA’s Programs

Find more information about JPFA’s programs to see which one might be right for you!

Our bond program is now open for reservations! Visit the program page to learn more and apply!

The Comfort of Home Program's second loan term has been reduced from 15 years to 5 years effective 3.25.24!

The JPFA office will be closed on Monday, May 27, 2024, in observance of Memorial Day.