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The two-bedroom homes, built by Redwood City-based Samara, will go to residents of low to moderate incomes who are uninsured, underinsured or elderly and otherwise lack the money to rebuild on their land.

However, a major gap remained — many women lost Medicaid coverage just 60 days after giving birth, leaving them uninsured at a time when postpartum complications, mental health conditions, and medical needs are most urgent.

The remaining $1.1 billion pays for emergency room visits and pregnancy care, which the federal government covers under a federal law that requires hospitals to stabilize and treat uninsured patients in emergency departments.

“This current limit is woefully inadequate to rebuild an uninsured home in the Pacific Palisades,” he said in a statement.

The partnership between Caruso’s nonprofit, Steadfast L.A., and Samara will provide free homes to those with low to moderate incomes who are uninsured, underinsured or elderly and otherwise lack the money to rebuild.