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Top News In Multifamily Projects Today - Breaking & Trending Today

Nearly 2,000 apartments are under construction in the NoDa area

Since the beginning of 2023, developers have announced or broken ground on at least nine multifamily projects in NoDa and its surrounding neighborhoods. ....

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California lawmakers vote to increase housing in cities falling short of construction goals

California lawmakers approved legislation to expand a law allowing developers to quickly build housing in cities falling behind on construction goals. ....

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Passive House design is coming to Chicago's multifamily housing industry

A German-born energy efficiency standard is catching fire in the multifamily housing development industry in Chicago, bringing reduced carbon footprints, improved air quality and lower costs for tenants. The Passive House standard combines technology for ventilation, insulation and airtightness with design solutions that help retain heat in the winter and keep it out in the summer, with a . ....

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Passive House design is coming to Chicago's multifamily housing industry

A German-born energy efficiency standard is catching fire in the multifamily housing development industry in Chicago, bringing reduced carbon footprints, improved air quality and lower costs for tenants. The Passive House standard combines technology for ventilation, insulation and airtightness with design solutions that help retain heat in the winter and keep it out in the summer, with a . ....

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Strong US apartment construction suggests slide in rental costs

A surge in U.S. rental home construction could soften rent prices in the months ahead, a much-awaited milestone in the Federal Reserve's effort to tame inflation even as tightening credit conditions are beginning to take the wind out of the apartment building boom. Groundbreaking on multifamily homes that have more than five units - a size that typically indicates apartment construction - decreased by 11.6% to 482,000 in June from a revised 545,000 starts in May, the Commerce Department said on Wednesday. Aggressive interest rate hikes by the U.S. central bank have made it more expensive to finance large-scale construction projects, and permits issued for new multifamily projects dropped last month to the lowest level since late 2020. ....

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