NAHB Remodelers recently selected Chris Cardillo, owner of Castle Windows in Mt. Laurel, N.J., as the NAHB Remodeler of the Month.
A brand-new NAHB Student Chapter is already making a name for itself in its local community: Students from Northside High School in Fort Smith, Ark., landed on the local television news station after they started building a new wheelchair ramp at the home of a disabled Vietnam War veteran.
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Last week, the NAHB Election Analysis explained how the expected power shake-up as a result of the Nov. 4 vote is likely to affect legislation of particular importance to home builders. It’s also evidence of the rise of BUILD-PAC, NAHB’s political action committee, as a potent force in the elections. This year, an incredible 95% of PAC-supported candidates won office.
NAHB’s Multifamily Production Index (MPI) reached 54 in the third quarter, four points below the previous quarter’s reading. This is the 11th consecutive quarter with a reading of 50 or above.
The MPI measures builder and developer sentiment about current conditions in the apartment and condominium market on a scale of 0 to 100. The index and all of its components are scaled so that any number over 50 indicates that more respondents report conditions are improving than report conditions are getting worse.
The statistics are worrying: 10% of New Hampshire’s population are veterans, and an increasing number of them are disabled. To the rescue: the New Hampshire Home Builders Association, which is sponsoring an auction to raise money to buy supplies and equipment so HBA members can make needed repairs and improvements to veterans’ homes.
Dozens of state and local HBAs joined NAHB Nov. 14 in submitting comments in response to a controversial proposed rule that redefines the meaning of “waters of the United States” and ultimately determines the reach of federal control under the Clean Water Act. The rule is a direct result of two important NAHB legal victories before the U.S. Supreme Court: SWANCC in 2001 and Rapanos in 2006, which rejected the Environmental Protection Agency and U.S. Army Corps of Engineers’ ability to automatically assert jurisdiction over any activity impacting an isolated wetlands or water that lacked a “significant nexus” to a traditional navigable water.
Single-family housing production in October reached its highest level since November 2013 while the more volatile multifamily sector brought combined nationwide starts activity down 2.8% to a seasonally adjusted annual rate of 1.009 million units, according to newly released figures from the HUD and the U.S. Census Bureau.