Treasury, IRS to Release Regulations on SALT Workarounds

Filed in Codes and Regulations by on May 23, 2018 0 Comments
Treasury, IRS to Release Regulations on SALT Workarounds

The Department of Treasury and Internal Revenue Service (IRS) have released Notice 2018-54, which announces their intention to propose regulations addressing state legislative proposals that create a workaround for the newly imposed limits to the state and local tax deduction. In plain language, the IRS is warning taxpayers that just because the state law permits them, it does not make the workaround deductible under federal tax law.

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A High-Level Meeting of the Minds

Filed in Capitol Hill, Leadership by on May 23, 2018 0 Comments
A High-Level Meeting of the Minds

If the clout of a Washington trade association is measured by its access to high-level policymakers, than the members of NAHB have nothing to be worried about.

The 2018 NAHB Spring Executive Board Meeting took place in Washington this week and there was plenty on the agenda.

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Supreme Court Backs Employers to Uphold Class-Action Waivers

Supreme Court Backs Employers to Uphold Class-Action Waivers

The U.S. Supreme Court on May 21 issued a 5-4 ruling that upheld class-action waivers in arbitration agreements. The decision essentially provides employers the right to insist that labor disputes get resolved on an individual basis instead of allowing workers to band together in class-action lawsuits.

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April New Home Sales Inch Down 1.5%, Stay Close to Post-Recession High

Filed in Home Building, Multifamily by on May 23, 2018 0 Comments
April New Home Sales Inch Down 1.5%, Stay Close to Post-Recession High

Sales of newly built, single-family homes edged down 1.5% in April to a seasonally adjusted annual rate of 662,000 units after a downwardly revised March report, according to newly released data from HUD and the Census Bureau.

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House Passes Prison Reform Bill that Provides Vocational Training

Filed in Capitol Hill, Labor, Safety and Health by on May 23, 2018 0 Comments
House Passes Prison Reform Bill that Provides Vocational Training

On a 360-59 vote, the House yesterday overwhelmingly approved NAHB-supported legislation that would provide vocational training for prisoners in an effort to reduce recidivism rates.

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Banking Regulatory Relief Bill Clears Congress, Will Help Ease Tight Credit Conditions

Filed in Capitol Hill, Housing Finance by on May 22, 2018 2 Comments
Banking Regulatory Relief Bill Clears Congress, Will Help Ease Tight Credit Conditions

The House today approved bipartisan legislation approved by the Senate in March that will roll back some of the Dodd-Frank rules on banks that will eliminate some of the barriers to credit availability and support a stronger, more robust recovery of the housing and mortgage markets.

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DOL Allocates $85M to Support Youth Construction Training

Filed in Labor, Safety and Health by on May 22, 2018 0 Comments
DOL Allocates $85M to Support Youth Construction Training

The U.S. Department of Labor on May 18 announced it will allocate $85 million in grants to support and expand YouthBuild programs across the nation.

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5 Reasons Young Professionals Belong at IBS 2019

Filed in International Builders' Show, Membership by on May 22, 2018 0 Comments
5 Reasons Young Professionals Belong at IBS 2019

NAHB members between the ages of 21-35 have just a couple more weeks to apply for the 2019 International Builders’ Show Scholarship Program. Some of the 2018 recipients explain why attending the Show is such an important career decision.

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Stay Safe Near Power Lines

Stay Safe Near Power Lines

May is National Electrical Safety Month, which means it’s time for builders to turn their attention straight up to the power lines that may be near your jobsite. In 2016, 53% of all fatal electrical injuries occurred in the construction industry, according to the, although the figures are not broken down between residential and commercial construction.

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Making a Difference for Our Injured War Heroes

Filed in NAHB Cares by on May 21, 2018 0 Comments
Making a Difference for Our Injured War Heroes

Whether it’s giving back to local communities, helping house the homeless or assisting families in need in after disaster strikes, home builders are taking selfless acts to make a difference in communities across the land.

Builders interested in focusing efforts on helping our nation’s war heroes can team up with Homes For Our Troops, a nonprofit organization that builds and donates specially adapted custom homes nationwide for severely injured post-9/11 veterans.

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