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Modular manufacturers urge state supply‑side incentives, factory investments and demand guarantees
Summary
Manufacturers and startups told the board that scaling modular housing requires targeted public financing, R&D grants and predictable baseline demand to de‑risk factory investments and sustain production through housing cycles.
Manufacturers and technology startups told the State Board of Equalization on July 29 that state policies and public finance can accelerate modular housing at scale — but only if the state helps de‑risk factory investments and supports research and workforce development.
Vamsi Kotla, cofounder and CEO of Remo Homes, told the board that modular firms borrow techniques from aerospace and semiconductor manufacturing to cut cost, waste and timelines. ‘‘We bring precision manufacturing and engineering discipline to prefab housing,’’ Kotla said. Remo described a 1,352‑square‑foot design that the company said can be built to high wildfire‑resilience standards and priced at roughly $220 per square foot in its pilot…
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