"I think, along with our partners, we've been pretty responsive, Warren told HousingWire. I think we've been adaptive, and I think we've been innovative in a lot of the structures and the rates that we been offering recently. We certainly know that projects are getting bigger, and I think we've responded to this increased size, including some of the commitments that we've made, to meet whatever needs there are."
"We can help developers know what materials last longer, he said. We certainly know what makes buildings more sustainable. I think this is a one-shot deal for a lot of these projects in these communities, the level of investment that we're making in the long-term housing that we're building. So we're focused on lending into making more affordable or more energy efficient buildings."
"Construction costs remain a dominant concern as 55% of respondents name them as a key obstacle, followed by 39% who cited price increases from tariffs. The survey findings come from 238 participants at the recent Governor's Conference on Housing and Economic Development in Atlantic City, New Jersey. Despite cost challenges, 62% of survey respondents expect affordable housing development activity to rise in 2026."
Survey respondents express cautious optimism about affordable housing, with 62% expecting development activity to rise in 2026 despite cost pressures. Only 29% plan to expand activity, yet demand is strongest in multifamily, senior and elderly housing and workforce housing for essential and middle-income workers. Construction costs are the top obstacle for 55% of participants, followed by tariff-driven price increases cited by 39%. TD Bank reports adapting lending approaches, offering innovative structures and rate options, increasing commitments for larger projects, and emphasizing sustainability by supporting durable materials and energy-efficient, long-term affordable housing.
Read at www.housingwire.com
Unable to calculate read time
Collection
[
|
...
]