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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. This USDA program, however, is in serious trouble. The LIHTC program, administered through the U.S.

Tenants 469
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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.

Insurance 307
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8 Sustainability Trends Driving Commercial Real Estate for Earth Day

The Robert Weiler Company

Construction of new green buildings and green renovation or retrofit projects increase the asset value of buildings by upwards of 9%. The material and how it’s installed are critical to constructing a building and ensuring a tight building envelope. Waste Management A new construction project always results in a lot of waste.

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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.

Insurance 340
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Will Springer Realtor - Untitled Article

Will Springer Realtor

Builders are trying to catch up and, according to federal officials , there are more housing units under construction today than at any time in the last 50 years. more people – or another two Seattles – in our region by 2050.Even founder of Redmond-based Osborne Construction, is selling the home. shy of the need. bath , 5546 sq.

HOA 36
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A CALL FOR MORE ACCESSORY DWELLINGS AMID HOUSING CRUNCH

Will Springer Realtor

That’s the conclusion of a 2021 report from the Research Institute for Housing America, which signaled added “stress” on housing and housing finance industries in determining risk. A climate-risk assessment published by the Risky Business Project estimated that between $66B and $160B worth of real estate will be below sea level by 2050.