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New Tax Law May Increase Developers’ Sewer and Water Costs

Filed in Capitol Hill, Land Development by on April 17, 2018 0 Comments
New Tax Law May Increase Developers’ Sewer and Water Costs

Even after a massive reduction in their corporate tax rate, some utility companies are interpreting a little-known tax change in a way that is forcing developers to substantially increase what they pay for contributions in aid of construction (CIACs).

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Executive Order on Reducing Poverty Could Impact Housing Programs

Filed in Codes and Regulations, Multifamily by on April 13, 2018 0 Comments
Executive Order on Reducing Poverty Could Impact Housing Programs

On April 10, President Trump released an executive order, “Reducing Poverty in America by Promoting Opportunity and Economic Mobility,” that is designed to guide agencies that administer public assistance programs to effectively reform the welfare system.

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We’re Bringing Housing Home this Spring

Filed in Capitol Hill by on April 11, 2018 0 Comments
We’re Bringing Housing Home this Spring

NAHB is Bringing Housing Home™ on April 30-May 5 and this is your chance to make a house call with your member of Congress. The week-long Legislative Conference will give individual members and HBA delegations the opportunity to advocate for housing’s legislative priorities at in-district meetings with their members of Congress.

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Federal Regulators Approve Doubling Appraisal Threshold for CRE Transactions

Filed in Housing Finance by on April 4, 2018 0 Comments
Federal Regulators Approve Doubling Appraisal Threshold for CRE Transactions

The threshold for commercial real estate transactions that require an appraisal was increased from $250,000 to $500,000.

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Pilot Program Aims to Resolve Minimum Wage and Overtime Violations

Filed in Labor, Safety and Health by on April 3, 2018 0 Comments
Pilot Program Aims to Resolve Minimum Wage and Overtime Violations

The U.S. Department of Labor’s Wage and Hour Division today began a nationwide six-month pilot program to resolve potential overtime and minimum wage violations under the Fair Labor Standards Act.

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Rural Housing Service Proposes Changes to Eligibility Maps

Filed in Housing Finance, Multifamily by on March 26, 2018 0 Comments
Rural Housing Service Proposes Changes to Eligibility Maps

The USDA Rural Housing Service (RHS) has proposed changes to certain areas eligible to receive financing for RHS housing programs. The changes could affect whether certain communities will still have access to Section 502 loans, which are used primarily to help low-income households buy homes.

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U.S. Trade Rep Shows No Sense of Urgency on Lumber Trade Dispute

Filed in Capitol Hill by on March 23, 2018 7 Comments
U.S. Trade Rep Shows No Sense of Urgency on Lumber Trade Dispute

During a March 21 hearing before the House Committee on Ways and Means on the U.S. trade policy agenda, U.S. Trade Representative Robert Lighthizer said there is little chance that the softwood lumber trade dispute with Canada will be resolved anytime soon.

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Congress Approves $1.3 Trillion Spending Package

Filed in Capitol Hill by on March 22, 2018 1 Comment
Congress Approves $1.3 Trillion Spending Package

Congress has approved a $1.3 trillion spending bill that will fund the federal government through the end of the current fiscal year, which expires Sept. 30. The sweeping appropriations legislation includes several areas of interest to the housing community.

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NAHB Leaders Call on Congress to Adopt a Strong Housing Agenda

Filed in Capitol Hill, Leadership by on March 15, 2018 1 Comment
NAHB Leaders Call on Congress to Adopt a Strong Housing Agenda

NAHB Chairman Randy Noel and First Vice Chairman Greg Ugalde conducted two days of meetings this week with Republican and Democratic leaders on Capitol Hill, urging lawmakers to keep housing in the forefront of the national agenda.

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Senate-Passed Banking Bill Could Ease Tight Credit Conditions

Filed in Capitol Hill by on March 15, 2018 2 Comments
Senate-Passed Banking Bill Could Ease Tight Credit Conditions

NAHB commended the Senate for passing bipartisan legislation yesterday that would help ease tight credit conditions that are hindering the momentum of the housing industry.

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