Commercial Real Estate
Modular Construction’s Growing Role in Affordable Housing
Modular housing isn’t a silver bullet for the affordable housing crisis, but it can save time and money on the right projects.
Although modular construction isn’t new, the process is just beginning to play a role in affordable housing production in the US. Cécile Chalifour, West Division manager for JPMorgan Chase's Community Development Banking, spoke with Commercial Observer about modular housing’s increasing popularity, including:
- US cities experiencing the most modular and prefab housing activity
- How lenders like JPMorgan Chase are looking at modular housing
- What’s next for modular construction in the affordable housing industry