The City of Yonkers’ Municipal Housing Authority is working with AreaHub to better understand how severe weather impacts its mission to protect affordable housing.
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The Yonkers Housing Authority has agreed to partner with risk assessment firm AreaHub to provide climate and environmental data for the city’s large portfolio of affordable housing, executives announced Friday.
AreaHub is launching a pilot program with the New York-based City Housing Authority aimed at providing insights to residents, especially those looking for neighborhoods with fewer environmental risks such as flooding and wildfires.
AreaHub’s tools and resources, which work like home inspection reports, also benefit agents, especially those looking for ways to provide more value to their clients, who are often heavily armed with market intelligence.
Agents can use AreaHub’s tools and resources alongside standard CMA and listing presentations, as well as for buyer service presentations and marketing efforts. Increasingly severe weather is creating serious challenges for both homeowners and buyers, increasing the likelihood that insurance companies will discontinue coverage in certain areas or increase premiums. I am.
“With climate and weather-related risks on the rise, access to reliable, up-to-date data is critical to protecting revenue, assessing risk, and optimally managing real estate for residents. ” states the municipal housing. Wilson Kimball, the authority’s CEO, said in a statement. “Programs using AreaHub provide data and visualization tools that enable more informed decision-making. Consistent with MHACY’s mission to provide access to sustainable housing.”
AreaHub CEO Alison Gregory said the organization is motivated to partner with housing groups in the community and that climate risk knows no bounds.
“By partnering with the Yonkers Housing Authority, we are able to proactively address a growing problem for many businesses and housing authorities: increased exposure to environmental and climate-related events and community hazards,” Gregory said in a statement. I am pleased to be able to support them.” “Our extensive national database and patented technology not only provides a complete picture of climate and environmental risks, but also keeps us up to date with relevant changes in the region.”
The relationship between AreaHub and MHACY was established through the Westchester Innovation Network Initiative. AreaHub has offices in Mount Kisco, New York and Stamford, Connecticut.
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