This is the Acadiana Business e-mail newsletter from The Acadiana Advocate.
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The Advocate
Wednesday, July 6th, 2022
 
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Escalating cost of a home in Lafayette Parish outpacing wage growth, data shows

By ADAM DAIGLE | Acadiana Business Editor​ ​ ​

Good morning, Acadiana. Let's get down to business.

The escalating price of a typical home in Lafayette Parish has outpaced wage growth in second quarter. The area, like many others in Louisiana and across the country, had its home affordability index drop in the quarter as prices have escalated due to the rise in buyer demand, according to data released by real estate research firm ATTOM Data Solutions in  its Home Affordability Report.

You can read the story here. 

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Have a great day and see you back here Thursday morning.  

 
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New Gulf of Mexico oil and gas leases could be nixed for next five years under proposed Biden plan

In a preliminary proposal that will take months to confirm, the Biden administration is floating the possibility of nixing oil and gas leases in the Gulf of Mexico and the rest of the outer continental shelf for the next five years. Read more

City council's drainage, bid law questions unanswered; Guillory calls move political

After telling the City Council last week to hire an auditor to answer questions about drainage project funding, contracts and bid laws, including questions about the clandestine removal of a spoil bank along the Vermilion River in St. Martin Parish, Lafayette Mayor-President Josh Guillory on Tuesday accused some of making the issue polit… Read more

Women's chamber to hold Cajun Match Game event Aug. 5

The Lafayette Women’s Chamber of Commerce will hold its annual Cajun Match game fundraiser at 6-9 p.m. Aug. 5 at the Lafayette Science Museum. Read more

 
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