Building on $2 billion in financing commitments from the private sector for energy-efficiency updates to commercial buildings under the President’s Better Buildings Challenge, the U.S. Departments of Energy (DOE) and Housing and Urban Development (HUD) has expanded the challenge to multifamily housing. “Over the last two years, President Obama’s Better Buildings Challenge has helped drive […]

Nationwide housing starts declined 9.9 percent to a seasonally adjusted annual rate of 836,000 units in June as construction of multifamily buildings slowed following recent months of strong activity in that sector, according to newly released figures from HUD and the U.S. Census Bureau. Meanwhile, the pace of single-family production held fairly even, with a […]