A settlement between the drywall manufacturer Knauf Group and homebuilders who used defective Chinese drywall will result in hundreds of homes being repaired in Gulf states, according to the WashingtonPost. The settlement will involve reimbursements to builders for homes that have already been repaired, are currently being repaired, and those awaiting repair. 

NOLA.com reports, as many as 100 homes in Louisiana could be covered under this agreement. The agreement is most likely to affect major local builders who built homes after Katrina with the defective Chinese drywall.