Communities throughout California remain locked in a housing crisis, with not enough units to meet demand and prices that are too high for many to afford. In response, Community Builders Group (CBG) has begun construction on 180 affordable micro-unit apartments at no cost to the city.
California’s Coachella Valley is a hot housing destination for more than its 360 days of sunshine each year. In recent years, residents have been drawn to the region for its natural beauty and tranquil vibes, and also for its affordability when compared with other Southern California markets. The pandemic spurred an even greater demand for area housing, as remote workers fled Los Angeles and the San Fernando Valley seeking Coachella’s reasonably priced homes and vibrant art culture. According to Redfin, prices are up 16.8% over last year, and demand is expected to continue in 2022.
A pandemic, material shortages, labor issues, rising costs and supply chain woes have brought special challenges to the construction industry since the decade began. Many are wondering what is ahead for construction in 2022. It turns out there is a lot of good news on the horizon!
20/20 Plumbing & Heating, Inc. is partnering with masterplan developer Brookfield Residential in the construction of its new community — Luna at The Landing in Tustin, California.
In November, 20/20 Plumbing & Heating, Inc. teamed up with AZpartsmaster to help Las Vegas-based nonprofit Project 150 replace a failed water heater. AZpartsmaster Branch Manager Ryan May approved the donation of a new unit and 20/20 Plumbing & Heating technician Sammy Leon and Nevada Customer Service Manager Steve Shimp performed the installation.
On the fence about the benefits of buying new construction versus a resale home? According to the National Association of Realtors’ 2020 Home Buyer and Seller Generational Trends Report, about 13 percent of buyers chose to build a new home in 2020, while 87% bought an existing home.
On August 16, 20201, Nevada HAND, a builder/developer/manager of affordable apartment housing with on-site support services in Las Vegas, announced that it would be freezing rents on units at all of its properties across the valley to offset the rising cost of living.
In partnership with the Los Angeles City Planning Commission and nonprofit Adobe Communities, 20/20 Plumbing & Heating, Inc. has been selected as a key contractor for Adams Terrace, an affordable housing development occupying two vacant urban infill sites in the West Adams neighborhood of Los Angeles.
As a partner in the redevelopment of Jordan Downs in Watts, California, 20/20 Plumbing & Heating, Inc. is proving once again that it is more than a plumbing and HVAC company. It is builder of communities.
City of Hope Orange County, a world-renowned cancer research and treatment center, just received a $50 million gift from Lennar Foundation to aid in the organization’s plans to invest $1 billion in a comprehensive cancer care and research campus in Irvine, California. The gift is the largest philanthropic contribution to City of Hope Orange County and the second-largest donation in City of Hope’s 108-year history.Read more
