- The need for affordable and workforce housing exceeds 7,300,000 in the U.S. Single family home pricing has eliminated many low to moderate income families from purchasing a home.
- Lack of single-family home opportunities has increased the demand on apartments with rental prices reaching record highs.
- The pandemic, rising interest rates, supply chain issues, and construction costs have contributed to slower production.
- Potential federal increases in available tax credits may be on the horizon, however, the state and local resources will be expected to solve the issue of housing.