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Stagnant Construction Employment in 1/3 of Nation's Metro Areas

Construction Equipment

AGC reports that construction employment declined or was stagnant in one-third of metro areas between October 2015 and October 2016 amid diminishing public-sector investments in infrastructure and other civil works, according to a new analysis of federal employment data released Tuesday.

Metro 48
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Denver Releases Controversial Housing Proposal to Combat a Growing Affordability Crisis

Pro Builder

The Denver metro could see increased low-income development as a result of a new affordable housing mandate, but many builders aren’t so eager to get on board. As a result, the Denver metro will see limited development followed by more price gains as demand skyrockets across the city. . Mon, 02/14/2022 - 10:31. Read more.

Denver 52
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Housing Affordability Drops to Lowest Level in a Decade as Construction Costs Mount

Pro Builder

Housing Affordability Drops to Lowest Level in a Decade as Construction Costs Mount. median income of $79,900, down from 56.6% was the nation’s most affordable major housing market, defined as a metro with a population of at least 500,000. New-Construction Projects. Wed, 02/09/2022 - 10:26. Just 54.2% There, 90.6%

Housing 52
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Working to Improve Access to Affordable Housing

Pro Builder

Multifamily construction posted double-digit percentage gains in small metro core and suburban areas during the second quarter of 2021, while multifamily building activity in large metro areas decreased. The HBGI shows that multifamily residential construction rose 25.5% in small metro urban cores. in Q2 2021. .

Housing 59
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These St. Louis Lawyers Created a Replicable Model for Neighborhood Renewal

Pro Builder

Pittsburgh, Memphis and dozens of other metros across the U.S. Here’s how the program works: The New Markets Tax Credits program is designed to attract investors to distressed areas by offering them a 39 percent income-tax break over seven years. New-Construction Projects. Community Development. Housing Markets.

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Working to Improve Access to Affordable Housing

Pro Builder

Multifamily construction posted double-digit percentage gains in small metro core and suburban areas during the second quarter of 2021, while multifamily building activity in large metro areas decreased. The HBGI shows that multifamily residential construction rose 25.5% in small metro urban cores. in Q2 2021. .

Housing 52
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How Detroit’s New Land Value Tax Plan Could Serve as a Model for the Nation

Pro Builder

Unlike income, property, and sales tax, a land value tax supports sustainable economic growth. Growing cities may pass a land value tax to encourage the development of housing units to accommodate more residents while raising tax revenue more efficiently.

Detroit 52