The resolution urges the United States Department of Housing and Urban Development (HUD) to collaborate with the Jefferson Parish Community Development Department to explore potential modifications to the property insurance coverage requirements for properties acquired through HUD community development grants. It highlights the increasing unavailability and unaffordability of property insurance, particularly for low-income and elderly homeowners in Jefferson Parish, who are struggling with rising premiums and may face foreclosure and homelessness as a result.

The Louisiana Legislature emphasizes the need for HUD to reassess the insurance coverage mandates for these vulnerable property owners, particularly in light of the financial strain caused by escalating costs associated with windstorm coverage. The resolution aims to alleviate the burden on these individuals by advocating for adjustments that would help them maintain their properties without the risk of losing them due to insurance requirements. A copy of the resolution will be sent to the secretary of HUD to ensure that the request is formally communicated.