The increased urbanization, government initiatives, and rising consumer spending is helping the home improvement industry grow. So, investors could look to buy fundamentally solid home improvement stocks, Snap-on Incorporated (SNA), Tile Shop Holdings, Inc. (TTSH), and Flexsteel Industries, Inc. (FLXS).
The Biden administration announced $837 million in grants and loan subsidies to fund energy-efficient and climate-resilient improvements to low-income multifamily housing. Building owners will be able to fund upgrades such as electric heat pumps, solar panels, and energy-efficient windows under the Green and Resilient Retrofit Program (GRRP).
