The United States is planning to
spend $640B over the coming years to address the affordable housing crisis. Real estate developers, owners, contractors and others are flocking towards this opportunity, and many are coming to the realization that Offsite Construction is the best method to solve this crisis.
The highly repetitive and efficient offsite process, where major building components, modules and panels are built in a factory setting and then shipped to job sites where minimal work is required, addresses both the cost and delivery requirements for affordable housing.
In this post we ask industry expert
Francisco Zepeda, President at Tennex Development and Senior Vice President, Construction at
SoLa Impact Fund, his opinions on why Offsite Construction is the key to delivering affordable housing. Francisco focuses on offsite construction and bringing innovation to multifamily developments, with a hyper-focus on the housing crisis and homelessness epidemic in Los Angeles.