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November 12th, 2020 - News Digest 34

Generate creates digital library of timber building systems to "revolutionise the construction industry"

Architecture studio Generate has developed the Tallhouse library of timber-based building systems to help architects build affordable housing and reduce construction-related carbon emissions by up to 50 per cent.

The architecture, engineering and construction company developed the online catalogue to provide architects with pre-engineered, timber-based construction systems that they can adapt for large-scale projects.

Dezeen • October 30, 2020

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The pandemic worsened America's housing crisis. Here's how Biden can help

Long before Election Day, as the pandemic thrashed the economy, the housing agenda of the next presidential administration was largely set. Peoples’ abilities to pay rents and mortgages has been severely tested, putting the onus on the government to step in with protections. And while this has happened to some degree, more help will be needed as the pandemic drags on.

The question is – and has been – what leadership will do to address these immediate challenges and their long-term impacts on the housing market. Now that Joe Biden has been elected president, the housing challenges largely ignored by President Donald Trump will be front and center.

Fast Company • November 9, 2020

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A look at the city's 'blueprint' plan to address decades of housing inequities

The city’s Department of Housing Preservation and Development released an extensive report specifying how it will address the decades-long legacy of inequities which have impacted housing, education and job opportunities across New York’s five boroughs.

City Limits • November 9, 2020

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Housing affordability crisis deepens in fire-prone parts of California

Insurance companies retreated from selling home insurance in wildfire-prone parts of California in 2019, new state data shows, making it more difficult and expensive for homeowners in those areas to protect their houses.

The availability of standard home insurance in fire-prone areas could shrink further after another round of wildfires struck the state earlier this year. New fires in Southern California prompted the evacuation of thousands of homes on Monday.

The Wall Street Journal • October 28, 2020

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Bankers: Commercial, multifamily loans down 47%, but up from Q2

While observers have said money for development was abundantly available during the third quarter, the overall decline in lending volume illustrates the hesitancy of developers in multiple sectors to take risks on new projects during the uncertainty of the COVID-19 pandemic.

Construction Dive • November 10, 2020

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