The House Concurrent Resolution urges the Louisiana Housing Corporation to conduct a study on its resource allocation for financing development projects specifically 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 unique 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, with the aim of potentially increasing the allocation of resources for affordable housing projects in rural regions. This initiative is seen as a way to enhance the construction, acquisition, and rehabilitation of affordable homes and rental housing, ultimately benefiting residents in those 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.