By Christine Cube

The National Institute of Building Sciences recently held a three-part public hearing, bringing together veteran building industry experts to discuss the state of housing affordability.

There’s ample motivation to fix the problem, but it’s taken decades for us to get here. And the road forward isn’t easy to navigate.

By Christine Cube

On Monday, November 6, the National Institute of Building Sciences will host a day-long public hearing to discuss the state of housing affordability and solutions to bring down the high cost of housing for middle- and working-class Americans.

The passage of H.R.3684 – the Infrastructure Investment and Jobs Act or the Bipartisan Infrastructure Law – ensures daily commutes across metropolitan cities and small towns will be improved.

The law includes $1.2 trillion in total funding, reauthorizing surface transportation programs for five years and investing $110 billion in funding. The bill also guarantees $89.9 billion for public transit over the next five years between reauthorizations and new funding.

A 2021 Built Environment Social Equity Survey of the National Institute of Building Sciences has found that more than two in five (43%) employed/working respondents indicate their company has a program or initiative dedicated to diversity, equity and inclusion.

NIBS launched the survey in March with the help of market research and consulting firm Avenue M Group. Nearly 12,000 responses were collected.