Building Affordability by Building Affordably: exploring the benefits, barriers, and breakthroughs needed to scale off-site multifamily construction
Authors: Carol Galante, Sara Draper-Zivetz, and Allie Stein
Release Date: March 2017
As home prices and rents continue to soar, we know that growing costs in the construction industry are a key part of the problem. Off-site manufacturing of homes, with the potential for significant cost and time savings in the production process, is a promising innovation poised at scale to significantly bring down the cost of housing.
In this paper, the Terner Center for Housing Innovation explores the barriers and proposes a number of solutions that would enable off-site construction to expand from its currently limited operations in the United States, and deliver more housing, more affordably, and more rapidly, to the market.