James Rice of AEIConsultants will provide architectural planning and cost reviewservices for rehabilitation projects.
SAN JOSE—An average of 32.1% of multifamily development spendingis a result of fees and other costs associated with governmentregulations, including agency approval systems. These costs have adirect impact on the growing affordable housing crisis.
"To address the increasing need for affordable housing acrossthe country, Department of Housing and Urban Developmentallocations have risen to $47.9 billion for the next fiscal year,"says Staige Miller, vice president–HUD environmental services atAEI Consultants. "Accordingly, we continue to expand our in-houseservices to accommodate the rising industry demand for HUD-relatedprojects."
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