The devastation and displacement of Hurricanes Katrina and Rita poses a unique set of affordable housing challenges. Although everyone who was displaced by the disaster face significant housing challenges, the needs of low- and moderate-income renters warrant far more attention than they have thus far received. Without affordable rental options, many residents will not be able to return to their communities and the regions economic recovery may be undermined by the lack of critical workers. This report is intended to help inform and invigorate public debate about affordable rental housing policies that would improve the ongoing recovery from the storms.