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NRHC LAUNCHES NEW
WEBSITE PROMOTING
BUILD-FOR-RENT
HOUSING
e National Rental Home Council
(NRHC) unveiled the first comprehensive
website dedicated exclusively to sharing
information about build-for-rent housing:
BuildForRentHomes.com. At a time when
new home "for sale" construction has not
kept pace with the demand for housing, the
build-for-rent sector is providing Americans
with quality, affordable single-family homes in
desirable communities. e website serves as
an educational resource for potential residents,
builders, and property owners, policymakers,
and local officials, members of the media,
business partners, and other interested parties
about this growing, vital part of the housing
market.
"Our primary motivation in creating
www.BuildForRentHomes.com is to educate
housing consumers and decision-makers
about the many benefits the Build-for-
Rent sector has to offer," NRHC Executive
Director David Howard said. "By providing
local communities with a greater range of
options, Build-for-Rent developments serve
as an innovative and affordable solution to the
supply challenges impacting today's housing
market. Our interest in developing this
new site is to enhance the transparency and
accessibility of Build-for-Rent housing."
Consisting of new single-family homes
built for the purpose of renting, build-for-rent
developments are a fast-growing segment
of the housing market. e pandemic has
changed what Americans are looking for in a
home, and the build-for-rent sector—and the
single-family rental home industry at-large—
is creating healthy, thriving communities that
appeal to residents from a rich assortment
of diverse backgrounds and experiences.
Families, young adults, and retirees are all
attracted to the best-in-class lifestyle offered
at a manageable price-point. Build-for-
rent housing construction also contributes
to the local economy with each new home
adding, on average, nearly three new jobs and
contributing $130,000 in tax revenue.
Industry Updates
From mergers and acquisitions to cutting-edge
tech tools and solutions, here's the company news
the industry is talking about this month.
