Tags: affordable housing

Rising Insurance Rates Are Crushing Affordable Housing Developers

Rising Insurance Rates Are Crushing Affordable Housing Developers

By Kriston Capps Developers of apartment buildings across the US are raising alarms as property insurance rates continue to rise, a trend that threatens to seal off the pipeline for much-needed housing construction — especially new apartments with affordable units. Premiums and deductibles for policies required by mortgage lenders have shot up two- to three-fold over […]

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