Eden Housing, Inc. reposted this
Our work as both a developer and a partner to other developers gives us a front-row seat to the industry’s toughest challenges—and its most promising solutions. That’s why we’re so appreciative that Assemblymember Buffy Wicks, a driving force behind many of California’s most important housing reforms, recently took the time to meet with us to hear on-the-ground insights from the practitioners living this work every day. Which brings us to the story behind the photos... November was a busy month! Cloud Apartments, together with Nibbi Brothers General Contractors and the San Francisco Housing Accelerator Fund convened a salon-style dinner with many of the Bay Area’s leading affordable housing developers. The goal: explore what it really takes to move from modular interest to execution—how multifamily modular projects can be structured, financed, and delivered more efficiently and cost-effectively than conventional construction. We heard familiar themes: financing structures that don’t match modular timelines, tax-credit clocks that introduce unnecessary risk, insurance uncertainty, and funding models that don’t always let affordable developers capture modular’s full benefits. And yet, the optimism was real. Developers want modular to work at scale—and many are already proving that it can. Policy is strongest when it reflects the realities of the people doing the building. We’re grateful to help carry those insights forward, and committed to working alongside developers, partners, and policymakers to unlock more housing for Californians. #HousingPolicy #CaliforniaHousing #ModularConstruction #AffordableHousing #HousingInnovation #FutureOfHousing #PublicPrivatePartnerships
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