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 protect these individuals from losing their homes due to an inability to maintain the required insurance, thereby advocating for a more manageable approach to property insurance for those affected by community development grants.