It’s abundantly clear in the coming years that the United States will face a massive shortfall of affordable, quality housing. Some
reports have documented that this amounts to a rapidly increasing shortfall of several millions of units each year. Behind this massive shortfall lies an equally challenging and growing supply side crisis. Where the cost and time to build makes the economics of housing affordability unattainable. Therefore massive innovation in construction is necessary.
The Housing Innovation Alliance has the primary goal of ensuring that this innovation becomes a reality and that high quality and high value housing is attainable for all middle income households. In this post we sit down with Housing Innovation Alliance President,
Dennis Steigerwalt to discuss the role offsite construction will play in driving construction innovation to solve the affordable housing crisis and what he and his organization are doing to advance adoption.
Q: Dennis: The lack of housing supply and high costs keep housing ownership out of reach for many middle income families. Some of this is driven by regulatory hurdles but better methods of construction can reduce costs and increase affordability. How do you see offsite construction helping to overcome these construction related issues?