Building Innovation for Home Ownership
The building innovation for home ownership (BIH) program is an imitative of the national partners in homeownership in order to maximize the possibility of owing a home in America . Various public, private and non profit organizations came together to start various projects and actions with a view increase the housing opportunities and also aimed to add 8 million mew homeowners by 2000. The goal was aim to be achieved through a strong collaboration between the public and private housing industries.
This partnership aimed to reduce the cost involved in housing which is also the primary strategy of the Building Innovation for Homeownership program.Now the main requirement for encouraging people to adopt such innovation is proper awareness and education.
Basically, the BIH program was established for the reorganization of housing projects all over America that make use of innovative technology and designs in building homes so as to make the dream of American Homeownership a reality. Being an awards program the aim of BIH was select winners which would highlight the innovations made by those winners so that the same could be used throughout the country by builders and contractors. The projects which were eligible for taking part in BIH were those who made use of technology which was generally available and not experimental. Also the cost of the was required to be less than the median cost of single family housing in the area where the project was intended to be implemented. All the non profit organizations serving people belonging to the low income group and also manufactured, modular and industries using site built technologies were encouraged to apply. |
