Affordable housing development is expected to soar over the next five years, according to housing experts.
Action by the federal government including recently passed legislation that allocates $322 billion for housing and community development will ignite this sector. The House Financial Services Committee voted in favor of the bill in mid-September.
The legislation includes $80 billion to build, preserve, or retrofit more than 3 million affordable housing units. The bill also provides for $90 billion in rental assistance to low-income renters, with $25 billion for those who have been homeless or are at risk of being homelessness.
Another $80 billion will address a public housing capital backlog. Congressional support for affordable housing grew during the COVID-19 pandemic.
Related Stories
Codes and Standards | Aug 15, 2017
ASHRAE certifications recognized by DOE as meeting Better Buildings Workforce Guidelines
Two of six such certifications are ASHRAE programs.
Codes and Standards | Aug 14, 2017
New edition of AISC Steel Construction Manual now available
Includes the 2016 Specification for Structural Steel Buildings.
Codes and Standards | Aug 10, 2017
AAMA releases updated Standard Test Method for Water Penetration Using Dynamic Pressure
The update applies to windows, curtain walls, and doors.
Codes and Standards | Aug 9, 2017
UpCodes aims to make researching building codes, regulations easier through searchable app
App currently includes building codes of 40 states and New York City.
Codes and Standards | Aug 8, 2017
3D printing industry working to implement standards for products, processes
Additive Manufacturing Standardization Collective (AMSC) will develop industry-wide additive manufacturing standards and specifications.
Codes and Standards | Aug 7, 2017
Council on Tall Buildings and Urban Habitat to create standards to measure floor area
The standards will examine existing codes and regulations to find where they are too broad or contentious.
Codes and Standards | Aug 3, 2017
ASID headquarters is first space in the world to earn both LEED and WELL Platinum Certification
Washington, D.C. office is showcase for top levels of the two standards.
Codes and Standards | Aug 2, 2017
OSHA to release web-based injury and illness reporting form on August 1st
Employers can use the application to submit forms electronically.
Codes and Standards | Aug 1, 2017
Zoning that restricts housing construction also dampens other economic development
Land use restrictions reduce U.S. GDP by 9% annually.
Codes and Standards | Jul 27, 2017
Five fire scenarios tested on full-scale mass timber building
Results will help inform code changes.
