Revolutionizing Affordable Housing Construction: Cutting Costs & Time

As the demand for affordable housing continues to rise, finding effective ways to reduce construction costs becomes imperative.

By exploring innovative strategies, embracing technological advancements, and implementing efficient practices, it is possible to make housing more affordable for individuals and communities.

Mike Kaeding, my guest this week, is the CEO of Norhart and a trailblazer in the construction industry. With a mission to revolutionize multifamily housing, Mike has successfully reduced housing costs by up to 30% and aims for a 50% reduction in the future.

Having been deeply involved in the construction world from a young age, Mike’s upbringing revolved around his family’s apartment business, which played a formative role in shaping his early experiences. When his father passed away, he took on the responsibility of leading the company, driven by a strong desire to make a positive impact.

Recognizing the need for change in the industry, Mike focused on hiring individuals who shared his values and passion for innovation. By assembling a team of experts who challenged conventional practices, he set out to transform the construction field. Through their dedication and commitment to excellence, the company achieved significant progress and redefined the approach to construction projects.