The House Concurrent Resolution urges the Louisiana Housing Corporation to conduct a study on its resource allocation for financing development projects in rural areas. It highlights the growing challenge of affordable housing in the state and emphasizes the need for a comprehensive housing strategy that includes the development of new units, preservation of existing affordable housing, and expansion of rental assistance. The resolution points out that rural areas face significant housing challenges, such as substandard conditions and limited access to resources, which hinder private investment.

The resolution requests that the Louisiana Housing Corporation report its findings to the legislature by March 15, 2026. It aims to encourage the corporation to allocate more resources towards rural housing projects, which could lead to increased 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 awareness and action on this matter.