POSTED: Tuesday, February 22, 2011 - 2:33pm
UPDATED: Wednesday, February 23, 2011 - 3:26pm
BATON ROUGE, La (NBC33) -- Attorney General Buddy Caldwell announced today that 109 Louisiana homes that received defective drywall will be repaired under a court-approved pilot remediation program.
“It is important that the diminished value of these homes be restored to their original fair market value,” states Caldwell. “This is a direct benefit not only to the homeowners, but also to the entire communities where the homes are located, as well as the State of Louisiana.”
This program applies to homeowners that have a majority of tainted drywall in their homes manufactured by Knauf Plasterboard Tianjin (KPT), a company based out of China.
KPT began restoring damaged homes in Florida recently and will soon move to Louisiana. Caldwell stated his office, along with other state agencies, will monitor the program, making sure the entire process is conducted by KPT in accordance with state laws.
“While we hope that the pilot program will be successful,” says Caldwell, “We will also remain watchful because it is a test program whose outcome is still uncertain.”
If the program is successful, it may expand to additional Louisiana homeowners receiving aid; it also may target other drywall manufacturers that have delivered sub-standard products.
Caldwell brought charges against KPT last year, claiming they made, sold and installed defective drywall to Louisiana natives following Hurricanes Katrina and Rita.
If you or anyone you know believes they received toxic drywall from KPT or any other manufacturer, please contact the Louisiana Attorney General’s Consumer Protection Hotline at 1-800-351-4889 or visit Attornet General Buddy Caldwell’s website here .