The Municipal Housing Authority for the Metropolis of Yonkers is collaborating with AreaHub to raised perceive how extreme climate impacts its mission to guard and safeguard reasonably priced housing.
Whether or not it’s refining what you are promoting mannequin, mastering new applied sciences, or discovering methods to capitalize on the following market surge, Inman Join New York will put together you to take daring steps ahead. The Subsequent Chapter is about to start. Be a part of it. Be part of us and hundreds of actual property leaders Jan. 22-24, 2025.
The Municipal Housing Authority for Yonkers has agreed to a partnership with threat evaluation agency AreaHub to ship local weather and environmental knowledge to town’s giant portfolio of reasonably priced housing, executives introduced Friday.
AreaHub will launch the pilot program alongside the New York-based Municipal Housing Authority in a bid to supply insights to residents, particularly those that in quest of areas with fewer environmental dangers, resembling flooding or wildfires.
Functioning like a house inspection report, AreaHub’s instruments and assets also can profit brokers, particularly these searching for methods to supply extra worth to their shoppers, who are sometimes closely armed with market info.
Brokers can use AreaHub’s instruments and assets alongside customary CMAs and itemizing shows, in addition to in purchaser providers shows and advertising and marketing outreach. The affect of more and more extreme climate has created critical challenges for householders and patrons alike, with insurance coverage corporations more and more prone to stop protection in sure areas or increase premiums.
“At a time when climate- and weather-related risks are rising, access to trustworthy, up-to-date data is critically important to protect our bottom line, assess exposure, and optimally manage our properties for our residents,” stated Municipal Housing Authority CEO Wilson Kimball stated in a press release. “The program with AreaHub provides the data and visualizing tools to enable us to make more informed decisions. This aligns with MHACY’s mission to provide residents, including low-income families, elderly, and disabled individuals, access to good, sustainable housing.”
AreaHub CEO Alison Gregory stated the group is motivated by partnering with housing teams in its personal communities, and that local weather threat is aware of no boundaries.
“We are delighted to partner with the Yonkers housing authority to empower them to proactively address a growing issue for many businesses and housing authorities – increasing exposure to environmental and climate-related events and area hazards,” Gregory stated in a press release. “Our extensive national database and patented technology not only provides them with an overall climate and environmental risk picture but keeps them up to date with relevant changes in their area.”
The connection between AreaHub and MHACY was helped in place by The Westchester Innovation Community Initiative. AreaHub has workplaces in Mount Kisco, N.Y., and Stamford, CT.