Flood risk for affordable housing expected to triple by 2050

Affordable housing properties will face higher risk of floods due to climate change over the next few decades, according to new research.

A study by Climate Central and the National Housing Trust found that the threat will likely triple in the next 30 years. The study looked at risks posed not just by extreme weather events such as hurricanes, but also at increasingly common sunny-day flooding caused by sea level rise.

Flood threats driven by the climate crisis will exacerbate the affordable housing crisis. The study identified communities where up to 90% of affordable housing will be at risk.

Low-income renters have few alternative housing options if a disaster damages their homes, points out an affordable housing advocate. Owners typically have little incentive to rebuild or renovate housing to keep it affordable

Effective January 1, 2022, New York City requires garage owners to retain a specially designated professional engineer to conduct an assessment and file a report at least once every six years. Hoffmann Architects + Engineers offers tips and best practices on how to comply with NYC Local Law 126 parking garage inspection rules.

Mixed-Use | Oct 20, 2022

ROI on resilient multifamily construction can be as high as 72%

A new study that measured the economic value of using FORTIFIED Multifamily, a voluntary beyond-code construction and re-roofing method developed by the Insurance Institute for Business & Home Safety (IBHS), found the return can be as high as 72%.

Building Team | Oct 18, 2022

Brasfield & Gorrie chairman’s home vandalized by anti-development activists

Activists vandalized the home and vehicles of Miller Gorrie, chairman of Birmingham-based Brasfield & Gorrie, in protest of a planned $90 million, 85-acre police, fire and public safety training center in Atlanta.

Codes and Standards | Oct 17, 2022

Ambitious state EV adoption goals put pressure on multifamily owners to provide chargers

California’s recently announced ban on the sale of new gas-powered vehicles starting in 2035—and New York’s recent decision to follow suit—are putting pressure on multifamily property owners to install charging stations for tenants.

| Oct 13, 2022

Boston’s proposed net-zero emissions code has developers concerned

Developers have raised serious concerns over a proposed new energy code by the City of Boston that would require newly constructed buildings over 20,000 sf to immediately hit net-zero emissions goals.