Louisiana Revised Statutes Tit. 33, § 9039.102. Legislative findings and intent

(1) To facilitate the creation of jobs and to lower unemployment and underemployment by coordinating and facilitating local and regional efforts for economic development programs and projects.

(2) To act as the coordinating entity in acquiring and developing real estate needed to grow the economy.

(3) To receive public and private funds for such purposes.

(4) To assist businesses within the district.