LT. GOVERNOR LANDRIEU NAMES ELEVEN COMMUNITIES AS CERTIFIED RETIREMENT COMMUNITIES -- 07/09/2008
Office of Lieutenant GovernorFOR IMMEDIATE RELEASE
Wednesday, July 9, 2008
LT. GOVERNOR LANDRIEU NAMES ELEVEN COMMUNITIES AS CERTIFIED RETIREMENT COMMUNITIES
Communities to receive $20,000 in grant funding
Baton Rouge, La. - Lt. Governor Mitch Landrieu today designated eleven communities across Louisiana as certified retirement communities and pledged to assist them in their efforts to retain and attract individuals 55 and older.
Lt. Governor Landrieu, who oversees the Louisiana Retirement Development Commission, announced that the cities of Bossier, Crowley, Covington, Lake Charles, New Iberia, and Thibodeaux; the parishes of Natchitoches, St. Landry, Union and Vernon and the Louisiana I-12 Retirement District are eligible to receive $20,000 in grant funding through the program Redefine Life. Retire in Louisiana. Certified Retirement Community. The communities were chosen through a rigorous competitive process.
"Baby Boomers are looking for a place that offers a reasonable cost of living, mild climate, friendly people, and fun things to see and do. Louisiana offers all of that plus incredible beauty, unique culture and a wealth of recreational options. Louisiana is a great place to retire," said Lt. Governor Landrieu. "This generation is the largest and wealthiest age group in the nation--some 75 million strong. They have tremendous economic power. It makes sense that we promote these Louisiana communities as ideal places to relocate."
Lt. Governor Landrieu launched this initiative last year to bolster Louisiana as a premier retirement destination and to assist Louisiana cities and parishes in their efforts to position their communities as havens for retirement. Crowley, Covington, Lake Charles, Thibodeaux, and the parishes of Natchitoches and St. Landry are in their second year of the program.
The selected communities receive inclusion in state-level marketing efforts, technical assistance, networking opportunities and funding to support the program. Grants of $20,000 will be awarded to the eleven communities who are required to provide $10,000 in local match funding. The funding supports the requirements of a participating community: strategic and annual action plans, marketing efforts, a community forum event and final report submission.
In Louisiana, residents 55 and older provided an economic benefit of $319 million and contributed $598 million to charities in 2000.