In August 2020, Hurricane Laura made landfall in southwestern Louisiana, causing ~$12B in damages. Hurricane Delta’s landfall in October 2020 compounded the region’s devastation with significant flooding.
With over 50K housing units damaged overall as of late October, the housing recovery is anticipated to be a complex process given pre-existing employment and health issues resulting from COVID-19 and the associated economic impact. See the full housing report by McKinsey & Company for Calcasieu Parish.