Property insurance costs for affordable housing owners and developers have surged at a rapid pace in recent years, with some owners facing premium hikes of 25 percent or more year over year. This, ...
Highlands Village Apartments in New Bern, NC, was developed by Norco Management, but rising interest rates and insurance costs are making this kind of affordable housing complex very difficult to ...
California’s property insurance crisis began with a series of catastrophic wildfires, and its impact has been devastating. In response, insurance companies stopped writing new policies and began ...
Though affordable housing was a hot topic during the presidential campaign, President-elect Donald Trump’s policy platform was light on details of how he plans to address this ongoing crisis. In the ...
A trio of bills just introduced by New York state legislators aims to bring relief to affordable housing landlords, who have seen their insurance costs more than double in the past seven years. Among ...
In Sun Belt states like North Carolina, developers of low-income apartments are abandoning coastal areas. There, climate change has pushed up sea levels up nearly a foot over the past seven decades.
In North Carolina, some low-income apartment developers are abandoning coastal areas - abandoning them because climate change has pushed up sea levels so much. How much? Nearly a foot in recent ...
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