House Concurrent Resolution No. by Representative Young urges the Louisiana Housing Corporation to conduct a study on the allocation of its resources for financing development projects specifically in rural areas. The resolution highlights the growing challenges of affordable housing in the state, emphasizing the need for a comprehensive strategy that includes the development of new housing units, preservation of existing affordable homes, and expansion of rental assistance. It points out that rural areas face unique housing challenges, such as substandard conditions and limited access to resources, which hinder private investment.

The resolution calls for the Louisiana Housing Corporation to assess how its current resource allocation can be improved to better support rural housing development. It requests that the findings of this study be reported to the legislature by March 15, 2026, with the aim of increasing the construction, acquisition, and rehabilitation of affordable homes and rental housing in these underserved areas. A copy of the resolution will be sent to the executive director of the Louisiana Housing Corporation to ensure proper communication and follow-up on this initiative.