Pre-Construction Planning Especially Crucial on Affordable Projects

Nov 7, 2019
Rising construction costs are the biggest challenge for all developers, but for affordable developers, it can be a crippling one.

Rising construction costs are the biggest challenge for all developers, but for affordable developers, it can be a crippling one. In fact, the increased construction costs are one of an amalgam of reasons that the affordable housing supply is shrinking. However, there are solutions. Partnering with an established affordable builder is one of the essential ways that developers get costs under control, along with pre-construction planning to stay on schedule and work out potential cost-increasing issues before they happen.

Arboleda Senior Housing Construction Wraps Up in La Puente

Construction is complete on a $29 million affordable senior housing development in La Puente, CA.

Construction Costs Increased More Than 5% in 2018

Construction costs are continuing to climb. Last year alone, construction pricing increased 5.07%.

How to Overcome Construction Cost Increases in Senior Living Projects

Seniors Housing Business spoke with Richard Lara, president of RAAM Construction Inc.