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Building towards 2050: Ensuring affordable housing in an urbanized America

Housing Wire

By 2050, it is projected that 90% of the U.S. To ensure affordable housing for all by 2050, innovative approaches to urban planning, financing, and policy must be explored. This approach can be an effective way to increase the supply of affordable housing without the environmental impact caused by new construction.

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Rural America is losing affordable housing at a crisis pace

Housing Wire

It now faces a wave of mortgage maturities and payoffs on the thousands of affordable-housing complexes it has helped to finance over the years — with no new construction carried out under the program since 2012. I think in a healthy housing market, you have to have both new construction and preservation efforts,” Maxwell said. “We

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1.2 million homes face wildfire risk in California

Housing Wire

Depending on greenhouse-gas emissions scenarios, average annual loss projections could increase 31% to 41% in California by 2050, and roughly 40% to 50% in Colorado. In June, insurance giants State Farm and Allstate pulled out of California’s home insurance marketplace, citing mounting construction costs.

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Amid a climate crisis, some good news for Florida’s housing market

Housing Wire

The chart shows estimated annual losses in physical risk terms per year by 2050 under CoreLogic’s severe climate risk scenario RCP 8.5. 7 on the list above, could see $330 million of losses by 2050 if it does nothing. 1 spot held by Miami-Dade County. In addition, leaders at the county and state level are taking action.

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Opinion: why we all have a stake in closing the homeownership gap

Housing Wire

Demographers estimate that by 2050, the U.S. New construction, resales, refinances and home improvements account for approximately 16% of the U.S. Many soon-to-be retirees are planning on selling their homes to fund their retirement and move into something smaller for their later years. population will become majority-minority.

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Insurance carrier exodus rattles California and Florida housing markets

Housing Wire

I do a lot with new construction and homeowners’ insurance is cheaper on new builds because they are brand new,” Williams said. In announcing their departure from the Golden State, the two major insurers cited the increased wildfire risks in the state and rising construction costs.

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[National Safety Month] 3 Ways to Avoid Heat-Related Illness on Your Job Sites

GoForrmz

Heat-related illnesses are preventable, but still on the rise Heat-related illness, injury, and death may seem like a blatant risk factor for jobs in agriculture, construction, or even manufacturing. Managing construction site safety , specifically, means needing an intense focus on facilitating communication.

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