Builders Expect an Increase in Affordable Housing Starts

Oct 29, 2019

The new bill is expected to drive affordable housing development throughout the state.

Developers are excited about the potential for SB196—a new affordable housing bill passed by the state that exempts land trusts from paying property taxes on affordable housing projects. The new bill is expected to drive affordable housing development throughout the state, and builders are seeing an increase in interest in affordable housing projects.

Construction Costs Keep Housing Supply Low

The high cost of construction is exacerbating the housing crisis in California and other markets where there is a housing shortage.

Raam Construction Breaks Ground on 151-Unit Palmdale Terrace Affordable Multifamily Housing Development in Palmdale, California

RAAM Construction, Inc., a general building construction firm specializing in multifamily projects throughout California…

Builders Expect an Increase in Affordable Housing Starts

Construction Costs Keep Housing Supply Low

Raam Construction Breaks Ground on 151-Unit Palmdale Terrace Affordable Multifamily Housing Development in Palmdale, California

Contractors Prep for Increased Affordable Housing Development