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NAHB Opposes Flood Insurance Bill that Clears House Panel

Filed in Capitol Hill by on June 16, 2017 0 Comments
NAHB Opposes Flood Insurance Bill that Clears House Panel

As the House Financial Services Committee voted today to approve the 21st Century Flood Reform Act, NAHB vowed to fight the measure and to work with Republican lawmakers to craft an alternative measure.

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Multifamily Decline Brings Overall Housing Starts Down 5.5% in May

Filed in Economics by on June 16, 2017 0 Comments
Multifamily Decline Brings Overall Housing Starts Down 5.5% in May

Led by a decline in multifamily production, nationwide housing starts fell 5.5% in May to a seasonally adjusted annual rate of 1.09 million units, according to newly released data from the HUD and the Commerce Department. Multifamily starts fell 9.7% to a seasonally adjusted annual rate of 289,000 units while single-family production edged down 3.9% to 794,000.

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Builder Confidence: Still Solid

Filed in Economics, Home Building by on June 15, 2017 0 Comments
Builder Confidence: Still Solid

Builder confidence in the market for newly built single-family homes weakened slightly in June, down two points to 67 from a downwardly revised May reading of 69 on the NAHB/Wells Fargo Housing Market Index.

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NAHB Officers Hold Productive Talks with HUD Secretary Carson

Filed in Codes and Regulations, Housing Finance by on June 14, 2017 2 Comments
NAHB Officers Hold Productive Talks with HUD Secretary Carson

In a broad agenda focusing on regulatory reform and housing affordability, NAHB senior officers today held productive talks with HUD Secretary Ben Carson.

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Treasury Issues Sweeping Report on Regulatory Reform

Filed in Codes and Regulations by on June 13, 2017 0 Comments
Treasury Issues Sweeping Report on Regulatory Reform

In response to President Trump’s executive order calling for the examination of the U.S. financial regulatory system, the Treasury Department today issued its first in a series of reports focusing on financial regulatory reform designed to provide much-needed relief to small businesses, community banks and other financial institutions.

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Labor Department Overturns Obama-era Joint Employer, Misclassification Guidance

Labor Department Overturns Obama-era Joint Employer, Misclassification Guidance

In a victory for NAHB members and the small business community, U.S. Secretary of Labor Alexander Acosta on June 7 announced the withdrawal of the U.S. Department of Labor’s (DOL) 2015 and 2016 informal guidance on independent contractors and joint employment — two Obama-era guidance documents that expanded the tests for what constitutes a joint employer and an independent contractor, respectively.

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Vice President Pence to Speak at Legislative Conference

Filed in Capitol Hill by on June 8, 2017 7 Comments
Vice President Pence to Speak at Legislative Conference

Vice President Mike Pence will be the keynote speaker at our Legislative Conference briefing on Wednesday, June 14 during the NAHB Midyear Board of Directors Meeting. The briefing will provide an insider’s view of how the Trump administration is now shaking up the status quo in Washington.

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Be Sure to Attend the NAHB Legislative Conference June 14

Filed in Capitol Hill by on June 2, 2017 0 Comments
Be Sure to Attend the NAHB Legislative Conference June 14

Builders looking to send a message to Congress that it needs to take action to keep housing and the economy on the right track should mark their calendar now for the most important grassroots event of the year — the 2017 NAHB Legislative Conference. The conference is on Wednesday, June 14 and is a day-long event that coincides with the NAHB Midyear Board of Directors Meeting in Washington, D.C.

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DOL Proposes to Withdraw ‘Persuader Rule’

DOL Proposes to Withdraw ‘Persuader Rule’

The Department of Labor today began the process of formally rescinding the Obama administration’s final “persuader” rule. The proposal to withdraw the rule is expected to be published in the Federal Register in the coming weeks, where it will be open to public comment.

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Trump Proposes $6.2 Billion Budget Cut to HUD

Filed in Capitol Hill by on May 23, 2017 0 Comments
Trump Proposes $6.2 Billion Budget Cut to HUD

President Trump today proposed a $4.09 trillion budget request for fiscal 2018, which begins on Oct. 1. The plan would slash HUD funding by $6.2 billion, or 13%, to $40.7 billion, and includes billions of dollars of cuts to other Cabinet agencies to help offset a proposed $54 billion increase in defense spending.

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