PRELIMINARY OFFICIAL STATEMENT DATED FEBRUARY 16, 2017 NEW ISSUE RATINGS: Fitch: “__” BOOK-ENTRY ONLY Moody’s: “Baa1” See “RATINGS” herein. In the opinion of Foley & Judell, L.L.P., Bond Counsel, under existing law, interest on the Bonds is excluded from gross income for federal income tax purposes and is not an item of tax preference for purposes of the federal alternative minimum tax imposed on individuals and corporations. However, interest on the Bonds is to be taken into account in the computation of certain taxes that may be imposed with respect to corporations, including, without limitation, the federal alternative minimum tax. Bond Counsel is further of the opinion that, pursuant to the Refunding Act (herein defined), the Bonds and the income therefrom are exempt from all taxation by the State of Louisiana (the “State”) or any political subdivision thereof. See “TAX EXEMPTION” herein and the proposed form of opinion of Bond Counsel attached hereto as Appendix D. $42,070,000* LOUISIANA PUBLIC FACILITIES AUTHORITY REFUNDING REVENUE BONDS (ARCHDIOCESE OF NEW ORLEANS PROJECT) SERIES 2017 Dated: Date of Issuance Due: July 1, as shown on inside front cover The Bonds are issuable in fully registered form without coupons in denominations of $5,000 or any integral multiple thereof (“Authorized Denominations”) as described herein and when issued will be initially registered in the name of Cede & Co., as nominee for The Depository Trust Company, New York, New York (“DTC”), which will act as securities depository for the Bonds (the “Securities Depository”). Purchasers will not receive certificates representing their interest in the Bonds purchased. Purchases of the Bonds may be made only in book-entry form in Authorized Denominations by credit to participating broker-dealers and other institutions on the books of DTC as described herein. The principal of, premium, if any, and interest on the Bonds will be payable by Whitney Bank, as trustee (the “Trustee”) to the Securities Depository, which will remit such payments in accordance with its normal procedures, as described herein. Interest on the Bonds will be payable beginning on July 1, 2017 and semiannually thereafter, on each January 1 and July 1. See “THE BONDS” herein. The proceeds of the Bonds will be loaned by the Louisiana Public Facilities Authority (the “Authority”) to The Roman Catholic Church of the Archdiocese of New Orleans, a Louisiana nonprofit corporation (the “Corporation”), pursuant to the Loan Agreement, dated as of April 1, 2017 (the “Loan Agreement”), by and between the Authority and the Corporation for the purpose of providing funds, together with other available moneys, to: (a) refund all of the Authority’s outstanding Revenue and Revenue Refunding Bonds, Series 2007 currently outstanding in the total aggregate principal amount of $57,630,000 and (b) pay costs of issuance of the Bonds (the “Refunding Project”). See “PLAN OF FINANCE” and “ESTIMATED SOURCES AND USES OF FUNDS” herein. MATURITIES, PRINCIPAL AMOUNTS, INTEREST RATES, YIELDS, PRICES AND CUSIPS SHOWN ON INSIDE COVER The Bonds are subject to optional redemption, mandatory redemption and extraordinary redemption prior to maturity, as more particularly described herein. See “THE BONDS—Redemption” herein. The obligation of the Corporation to make payments under the Loan Agreement constitutes a general, unsecured obligation, payable from its gross revenues, its general fund or any other moneys legally available to the Corporation. See “SECURITY FOR THE BONDS” herein. THE BONDS ARE LIMITED AND SPECIAL OBLIGATIONS OF THE AUTHORITY AND DO NOT CONSTITUTE OR CREATE AN OBLIGATION, GENERAL OR SPECIAL, DEBT, LIABILITY OR MORAL OBLIGATION OF THE STATE OR ANY POLITICAL SUBDIVISION THEREOF WITHIN THE MEANING OF ANY CONSTITUTIONAL OR STATUTORY PROVISIONS WHATSOEVER AND NEITHER THE FAITH OR CREDIT NOR THE TAXING POWER OF THE STATE OR OF ANY POLITICAL SUBDIVISION THEREOF IS PLEDGED TO THE PAYMENT OF THE PRINCIPAL OF, PREMIUM, IF ANY, OR THE INTEREST ON THE BONDS. THE BONDS ARE NOT A GENERAL OBLIGATION OF THE AUTHORITY (WHICH HAS NO TAXING POWER AND RECEIVES NO FUNDS FROM ANY GOVERNMENTAL BODY) BUT ARE A LIMITED AND SPECIAL REVENUE OBLIGATION OF THE AUTHORITY PAYABLE SOLELY FROM THE INCOME, REVENUES AND RECEIPTS DERIVED OR TO BE DERIVED FROM PAYMENTS MADE PURSUANT TO THE LOAN AGREEMENT. THIS COVER PAGE CONTAINS CERTAIN INFORMATION FOR QUICK REFERENCE ONLY. THIS COVER PAGE IS NOT INTENDED TO BE A SUMMARY OF THIS ISSUE. INVESTORS MUST READ THE ENTIRE OFFICIAL STATEMENT TO OBTAIN INFORMATION ESSENTIAL TO THE MAKING OF AN INFORMED INVESTMENT DECISION. AN INVESTMENT IN THE BONDS INVOLVES CERTAIN RISKS. SEE “INVESTMENT CONSIDERATIONS” HEREIN. Subject to applicable securities laws and prevailing market conditions, the Underwriters intend, but are not obligated, to effect secondary market trading in the Bonds. The Underwriters are not obligated to repurchase any Bonds at the request of the registered owners thereof. There can be no assurance that a secondary market for the Bonds will develop or be maintained. The Bonds are offered when, as and if issued by the Authority and received by the Underwriters, subject to the approving opinion of Foley & Judell, L.L.P., New Orleans, Louisiana, Bond Counsel, and certain other conditions. Certain legal matters will be passed upon for the Underwriters by their counsel, Kutak Rock LLP, for the Authority by Jacob S. Capraro, Esq., New Orleans, Louisiana, Special Counsel to the Authority, for the Corporation by Chaffe McCall, L.L.P., New Orleans, Louisiana, Counsel to the Corporation, and for the Trustee by Gregory A. Pletsch & Associates, Counsel to the Trustee. It is expected that the Bonds in definitive form will be available for delivery through the facilities of DTC in New York, New York, on or about April __, 2017, against payment therefor. This Official Statement is dated ________, 2017 This Preliminary Official Statement and the information contained herein are subject to completion or amendment. These securities may not be sold nor may offers to buy be accepted prior to the time the Official Statement is delivered in final form. Under no circumstances shall form. in final buy be accepted prior to the time Official Statement is delivered to offers not be sold nor may These securities may This Preliminary contained herein are subject to completion or amendment. Official Statement and the information any priorlaws of or qualification under the securities to registration would be unlawful solicitation or sale sale of these securities jurisdictionbuy nor shall there be any in any in which such offer, to this Preliminary to sell or a solicitation of an offer Official Statement constitute an offer permittedany information by such Rule to be omitted. for Authority for purposes and the Corporation except by the of Rule 15c2-12 the Regulations under Securities Exchange Act of 1934, as amended, This Preliminary “final” Official Statement is deemed such jurisdiction. * Preliminary; subject to change. PRINCIPAL AMOUNTS, MATURITIES, INTEREST RATES, YIELDS, PRICES AND CUSIPS $42,070,000* LOUISIANA PUBLIC FACILITIES AUTHORITY REFUNDING REVENUE BONDS (ARCHDIOCESE OF NEW ORLEANS PROJECT) SERIES 2017 MATURITY SCHEDULE* Date Principal Interest (July 1) Amount Rate Yield Price CUSIP1 2017 $1,350,000 % % % 2018 1,260,000 2019 1,325,000 2020 1,390,000 2021 1,425,000 2022 1,495,000 2023 1,570,000 2024 1,650,000 2025 1,735,000 2026 1,820,000 2027 1,910,000 2028 2,010,000 2029 2,115,000 $9,485,000 ___% Term Bonds due July 1, 2033--Yield ____% Price ______% CUSIP1 __________ $11,530,000 ___% Term Bonds due July 1, 2037--Yield ____% Price _______% CUSIP1 _________ * Preliminary; subject to change. 1 Copyright 2017, CUSIP Global Services. CUSIP® is a registered trademark of the American Bankers Association. CUSIP data herein is provided by CUSIP Global Services which is managed on behalf of the American Bankers Association by S&P Capital IQ. The Authority takes no responsibility for the accuracy of the CUSIP numbers, which are included solely for the convenience of the owners of the Bonds. NO DEALER, BROKER, SALESMAN OR OTHER PERSON HAS BEEN AUTHORIZED BY THE AUTHORITY, THE CORPORATION, OR THE UNDERWRITERS TO GIVE ANY INFORMATION OR TO MAKE ANY REPRESENTATIONS, OTHER THAN THOSE CONTAINED IN THIS OFFICIAL STATEMENT, AND IF GIVEN OR MADE, SUCH OTHER INFORMATION OR REPRESENTATIONS MUST NOT BE RELIED UPON AS HAVING BEEN AUTHORIZED BY ANY OF THE FOREGOING. THIS OFFICIAL STATEMENT DOES NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY, NOR SHALL THERE BE ANY SALE OF, THE BONDS BY ANY PERSON IN ANY JURISDICTION IN WHICH IT IS UNLAWFUL FOR SUCH PERSON TO MAKE SUCH OFFER, SOLICITATION OR SALE. THE UNDERWRITERS HAVE PROVIDED THE FOLLOWING SENTENCE FOR INCLUSION IN THIS OFFICIAL STATEMENT. THE UNDERWRITERS HAVE REVIEWED THE INFORMATION IN THIS OFFICIAL STATEMENT IN ACCORDANCE WITH, AND AS PART OF, THEIR RESPONSIBILITIES TO INVESTORS UNDER THE FEDERAL SECURITIES LAWS AS APPLIED TO THE FACTS AND CIRCUMSTANCES OF THIS TRANSACTION, BUT THE UNDERWRITERS DO NOT GUARANTEE THE ACCURACY OR COMPLETENESS OF SUCH INFORMATION. THE INFORMATION ON THE CORPORATION IS NOT GUARANTEED AS TO ACCURACY OR COMPLETENESS BY, AND IS NOT TO BE CONSTRUED AS A REPRESENTATION OF, THE AUTHORITY. THE INFORMATION REGARDING DTC HAS BEEN OBTAINED FROM DTC, BUT IS NOT GUARANTEED AS TO ACCURACY OR COMPLETENESS BY THE AUTHORITY OR THE CORPORATION. THE AUTHORITY NEITHER HAS NOR WILL ASSUME ANY RESPONSIBILITY AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION IN THIS OFFICIAL STATEMENT OTHER THAN THAT INFORMATION RELATING TO THE AUTHORITY UNDER THE HEADINGS “THE AUTHORITY” AND “ABSENCE OF LITIGATION AFFECTING THE BONDS—THE AUTHORITY.” THE INFORMATION AND EXPRESSIONS OF OPINION HEREIN ARE SUBJECT TO CHANGE WITHOUT NOTICE, AND NEITHER THE DELIVERY OF THIS OFFICIAL STATEMENT NOR ANY SALE MADE HEREUNDER SHALL, UNDER ANY CIRCUMSTANCES, CREATE ANY IMPLICATION THAT THERE HAS BEEN NO CHANGE IN THE AFFAIRS OF THE AUTHORITY, THE CORPORATION OR ANY OTHER ENTITY DESCRIBED HEREIN.