The Municipal Housing Authority for the Metropolis of Yonkers is collaborating with AreaHub to higher perceive how extreme climate impacts its mission to guard and safeguard reasonably priced housing.
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The Municipal Housing Authority for Yonkers has agreed to a partnership with danger evaluation agency AreaHub to ship local weather and environmental information 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 searching for areas with fewer environmental dangers, resembling flooding or wildfires.
Functioning like a house inspection report, AreaHub’s instruments and sources may profit brokers, particularly these on the lookout for methods to supply extra worth to their shoppers, who are sometimes closely armed with market data.
Brokers can use AreaHub’s instruments and sources alongside customary CMAs and itemizing displays, in addition to in purchaser companies displays and advertising outreach. The affect of more and more extreme climate has created severe challenges for householders and consumers alike, with insurance coverage corporations more and more prone to stop protection in sure areas or elevate 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,” mentioned Municipal Housing Authority CEO Wilson Kimball mentioned 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 mentioned the group is motivated by partnering with housing teams in its personal communities, and that local weather danger 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 mentioned 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.
