State after state is trying to find ways to fill the shortage of affordable housing, usually with mixed success at best. Most of the time its bureaucracy that is the stumbling block to achieving a state’s housing needs.
Modular housing helps tackle the three-pronged problem currently facing the construction industry – supply shortages, labor shortages and the climate crisis.
But Module Housing, a Pittsburgh, Pa.-based company, is suggesting to alleviate New Hampshire’s current housing crisis with an affordable and quick construction process that can readily meet the demand.
“Our building system, our goal is to help existing housing providers create more units and then allow more people to enter into the world of real estate development,” Brian Gaudio, the co-founder and chief executive officer of Module Housing, said at home ownership conference this week hosted by New Hampshire Housing.
If a typical construction project takes 445 days, modular off-site construction can shave 172 days off of the timeframe. This leads to indirect savings of almost $30,000 per unit, reducing the cost of interest payments, rent, utilities and labor.
The company follows a construction project from development idea through post-construction assessments, said Gaudio. They’re now looking to expand to different communities, offering a fast, environmentally friendly solution to scale housing development.
Their work in Pennsylvania provides a case study of what this model could look like in New Hampshire communities.
In Pittsburgh, 30,000 vacant lots sit in the city’s urban core area. These vacancies are akin to former mill sites in New Hampshire that have been cleaned up and are ready for new uses.
With prefabricated houses, Module worked to revitalize these vacancies with new homeownership, new construction jobs and more sustainable communities as a result, Gaudio said.
CLICK HERE to read the entire Concord Monitor article by Michaela Towfighi
Gary Fleisher is the Editor in Chief of Modular Home Source and Offsite Builder magazine. Email at [email protected]
