Today's Development Environment: Trends and fast paced changes
The sluggish supply chain and surge in material prices is prompting developers to reconsider whether or not to start new development projects. Learn more about how inflation, supplies, and underwriting changes are impacting affordable housing.
2:30 PM - 3:30 PMThu
Astor Ballroom (7th Floor)
Financing Trends: Cash is King!
Registration Required
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Building prices have risen so fast that many people are experiencing extraordinary interruptions; appraisers are unable to validate increased house prices using comparable properties and suppliers are hesitant to lock in pricing. The uncertainty and fluctuating prices have caused major turmoil in the construction industry as a whole, but especially in the affordable housing development sector where cost reduction is essential. Learn what contractors, developers, architects, agency and bank underwriters are doing to combat these rising costs.