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 to prevent them from losing their homes due to the inability to afford the required insurance. The resolution calls for HUD to take action to alleviate the financial burden on these individuals, thereby supporting their housing stability and well-being. A copy of the resolution will be sent to the secretary of HUD to ensure that the request is formally communicated.