Banking Agencies Propose Modifications to Commercial Real Estate Rule

Filed in Housing Finance by on September 18, 2018 0 Comments
Banking Agencies Propose Modifications to Commercial Real Estate Rule

Three banking agencies – the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corp. and the Office of the Comptroller of the Currency – on Sept. 18 invited public comment on a proposed rule to modify the agencies’ capital rules for high volatility commercial real estate.

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Chinese Tariffs Act as a $1 Billion Tax Hike on Housing, Could Jump to $2.5 Billion

Filed in Economics, Trade by on September 18, 2018 1 Comment
Chinese Tariffs Act as a $1 Billion Tax Hike on Housing, Could Jump to $2.5 Billion

President Trump’s decision yesterday to escalate the trade conflict with China could wind up imposing a $2.5 billion tax increase on residential construction at time when builders are already grappling with higher housing costs.

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Army Veteran Forges New Path in Construction Industry

Army Veteran Forges New Path in Construction Industry

When Army Sgt. Kristy Stringer enrolled in HBI’s Building Construction Technology program at Fort Stewart Army Base, she didn’t hesitate to blaze a few trails in the construction industry.

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GAO Report on LIHTC Finds Wide Range in Median Construction Costs

Filed in Capitol Hill, Multifamily by on September 18, 2018 0 Comments
GAO Report on LIHTC Finds Wide Range in Median Construction Costs

The Government Accountability Office (GAO) today released its long-anticipated report on Low Income Housing Tax Credit (LIHTC) development costs. This is the third GAO report examining the LIHTC, stemming from a request by Senate Judiciary Chairman Chuck Grassley (R-Iowa) to examine the cost-efficiency and effectiveness of the housing tax credit.

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Builder Confidence Remains Firm in September

Filed in Economics by on September 18, 2018 0 Comments
Builder Confidence Remains Firm in September

Builder confidence in the market for newly built single-family homes remained unchanged at a solid 67 reading in September on the NAHB/Wells Fargo Housing Market Index.

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NAHB Professional Women in Building Week Focuses on Diversifying Labor Force

NAHB Professional Women in Building Week Focuses on Diversifying Labor Force

As NAHB celebrates its annual Professional Women in Building Week, we’re focused on how the industry can diversify its workforce to address the labor shortage issue.

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Shortage of Rough Carpenters Climbs to Record High

Filed in Economics, Labor, Safety and Health by on September 17, 2018 16 Comments
Shortage of Rough Carpenters Climbs to Record High

Widespread shortages continue to restrain the pace of construction, further driving up construction costs, which largely — for the moment — are being absorbed by the home buyer.

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Are You the Custom Home Builder of the Year?

Filed in Awards, Home Building, International Builders' Show by on September 14, 2018 0 Comments
Are You the Custom Home Builder of the Year?

The NAHB Custom Home Builder of the Year Award recognizes one home builder for leadership, expertise and contribution to the overall strength of the home building industry. You can also nominate yourself. The deadline is Oct. 19.

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Builders Take the Lead for a Better Building Code

Filed in Codes and Regulations, Home Building, Multifamily by on September 14, 2018 2 Comments
Builders Take the Lead for a Better Building Code

As they step up from HBAs throughout the Federation, it’s clear that home builders have gotten the message that it takes only a few simple steps to ensure better building and energy codes – and those steps start with them.

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NAHB Recommends WOTUS Definition to OMB

Filed in Environmental by on September 14, 2018 1 Comment
NAHB Recommends WOTUS Definition to OMB

HBA of Delaware President Jim McCulley and NAHB environmentalists met this week with the White House Office of Management and Budget staff to discuss how to define “waters of the United States” in advance of the Trump administration’s proposed rule.

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