As premiums rise, developers can’t afford property coverage due to rent caps. “It’s absolutely becoming unsustainable,” an owner says. It took three years and $13 million to rebuild an apartment ...
According to a 2023 report by the National Leased Housing Association, the premiums for renewing 1 in 3 insurance policies for affordable housing providers in the U.S. grew by at least 25 percent last ...
New York State is giving a collective of affordable housing landlords a helping hand. The Empire State Development Corporation is issuing a $2 million low-interest loan to the Milford Street Captive ...
Developers and landlords of subsidized housing, who cannot raise rents or charge more for starter homes, say property insurance increases could put them out of business. By Emily Flitter For the ...
Homeowners in areas battered by climate disasters are facing dizzying insurance rate increases. But builders of housing for the homeless and other low-income families are also struggling. By David W.
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