The White House has announced a $2 Trillion American Jobs Plan which would allocate financing towards affordable housing, electric vehicles and repairing roads and bridges, among other investments in American infrastructure. As part of the plan, The White House plans to spend
$213 Billion on affordable housing over the coming years. This would inject more than 3 times the Department of Housing and Urban Development’s (HUD) current $60B annual budget and immediately accelerate construction of affordable housing.
In this Customer Spotlight, we sit down with Offsight customers,
David Kazibwe from
Ritz Craft Corporation and
Jag Singh from
Angel Landings, to discuss how more affordable housing funding could benefit HUD single family and multifamily construction and how successful modular manufacturers are preparing to capitalize on this opportunity.
Q: David: This infrastructure plan will provide significant funding for affordable housing, but milestones and goals will be put in place. How will established modular manufacturers position themselves to deliver in this market? How can technology help manufacturers reach their goals?