Brad Pitt reacted to the recent development in the Katrina Homes lawsuit.

Two years after the homeowners filed a lawsuit due to the "horrible project" after Hurricane Katrina, Pitt and his foundation reached a settlement with them for $20.5 million.

Page Six confirmed that the preliminary settlement would need to be approved by a judge. Global Green is also expected to fund the settlement so it could fix the defects on the aforesaid homes.

For what it's worth, the New Orleans-based homeowners filed the lawsuit against Make It Right Foundation - which was responsible for building the homes - as well as the Oscar winner and associate. They alleged that the team gave them defective designs and faulty building practices.

Thus, it led to a breach of contract and fraud.

The Times-Picayune/The New Orleans Advocate said the 107 homeowners would receive $25,000 for the repairs they had to make.

Following the settlement, the "Ad Astra" actor expressed his gratitude toward Global Greens which offered support and assistance to the Lower Ninth families.

"We collaborated in the early days post-Katrina and we are very fortunate to have Global Green's generous continuing commitment to help address the challenges around these homes and others in need. Hopefully this agreement will allow everyone to look ahead to other opportunities to continue to strengthen this proud community in the future," he went on.

Pitt served as the face of the organization that aimed to raise millions of dollars in pursuit of constructing homes for people. The actor helped them in its responsibilities but left his role after Make It Right was proven incapable of keeping up the defective homes.

One source previously said that Pitt was a co-founder of the foundation but is no longer part of the board in the past years. Despite that, he was still willing to correct the errors.

Brad Pitt's Katrina Housing Project Went Wrong

Before the settlement, experts pointed out what went wrong in the Katrina homes.

Urban studies academic Judith Keller told The Guardian that things got worse when she returned to one of the houses in 2018.

"Although some of these structures are not yet a decade old, my data shows only six remain in reasonably good shape. I was just shocked at how that project had deteriorated over the past three years," she said.

She noted that the houses suffered mold problems, causing some residents to abandon the places instead.

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