The ongoing insurance crisis in the greater New Orleans area is pushing many Habitat for Humanity homeowners toward foreclosure, with around 140 reported to be on the brink, particularly affecting older individuals. Marguerite Oestreicher, CEO of Habitat for Humanity, highlights the urgency of the situation, noting that monthly mortgages have doubled for affected homeowners. As the organization attempts to assist those in financial distress, they are seeking $2 million from the city council to support these vulnerable families. Councilmembers Leslie Harris and Joe Giarrusso are backing this fund request, emphasizing the need to help those who have worked hard to achieve homeownership but are now facing pressing financial challenges.
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