Love this Total Cost of Risk framing for affordable housing. The manufactured home comunity angle is especially smart because those residents get completely hammered by both housing and insurance markets. Regional pooling makes way more sense than expecting individual communities to solve this alone, but getting multiple jurisdictions to coordinate is gonna be the tricky part. The $31k annual savings in that scenario is meaningfull but relatively modest compared to the coordination effort required.
The $31k is illustrative rather than actual. We are working on testing the theory in a pilot to determine what could be achieved. We think it could be more but the point isn’t just the savings. How the costs get allocated and when is also crucial.
Love this Total Cost of Risk framing for affordable housing. The manufactured home comunity angle is especially smart because those residents get completely hammered by both housing and insurance markets. Regional pooling makes way more sense than expecting individual communities to solve this alone, but getting multiple jurisdictions to coordinate is gonna be the tricky part. The $31k annual savings in that scenario is meaningfull but relatively modest compared to the coordination effort required.
The $31k is illustrative rather than actual. We are working on testing the theory in a pilot to determine what could be achieved. We think it could be more but the point isn’t just the savings. How the costs get allocated and when is also crucial.