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‘Persuader Rule’ One Step Closer to the Dustbin

‘Persuader Rule’ One Step Closer to the Dustbin

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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Non-Canadian Softwood Lumber Imports Hit a 10-Year High

Filed in Home Building by on May 22, 2017 0 Comments
Non-Canadian Softwood Lumber Imports Hit a 10-Year High

In a positive development for home builders, lumber consumers and housing affordability, U.S. softwood lumber imports (excluding shipments from Canada) hit a decade high in the first quarter.

European suppliers – including Australia, Germany, Sweden, Finland, the Czech Republic, Russia, Lithuania, Estonia, Latvia and Romania – accounted for nearly all the increase.

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Administration to Propose Deep Cuts to HUD Programs

Filed in Capitol Hill by on May 19, 2017 2 Comments

A budget draft obtained by POLITICO confirms a March 16 report in NAHBNow that the Trump administration plans deep spending cuts to HUD programs as part of its fiscal 2018 budget.

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Treasury Secretary Testifies Before Senate Banking Committee

Filed in Capitol Hill, Housing Finance by on May 19, 2017 0 Comments
Treasury Secretary Testifies Before Senate Banking Committee

Treasury Secretary Steven Mnuchin testified on May 18 before the Senate Banking Committee and discussed a broad range of topics of interest to the home building community. View the key issues from the two-hour Q&A session before the Senate panel.

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Senate Panel Approves 3 NAHB-Supported Regulatory Relief Bills

Filed in Capitol Hill, Codes and Regulations by on May 18, 2017 2 Comments
Senate Panel Approves 3 NAHB-Supported Regulatory Relief Bills

The Senate Homeland Security and Governmental Affairs Committee on May 17 approved three NAHB-supported regulatory relief bills that are designed to fix the broken federal regulatory process, restore meaningful congressional oversight and focus on the disproportionate burdens small businesses face in complying with regulations.

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Who are NAHB Builder Members?

Filed in Membership by on May 12, 2017 0 Comments
Who are NAHB Builder Members?

The 2016 annual member census conducted by NAHB reveals that 60% of our builder members are single-family builders, 23% are residential remodelers, 6% are commercial builders, 5% are multifamily builders and 4% are land developers. Commercial remodelers and manufacturers of modular/panelized/log homes each comprise 1% of the builder members.

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Kitchens Edge Baths as Top Remodeling Projects

Filed in Remodelers by on May 11, 2017 0 Comments
Kitchens Edge Baths as Top Remodeling Projects

A recent survey conducted by NAHB shows that kitchens squeaked past bathrooms as the top remodeling jobs performed by NAHB Remodelers in 2016.

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House Panel Approves Bill to Ease Tight Credit Conditions

Filed in Capitol Hill, Codes and Regulations by on May 5, 2017 0 Comments
House Panel Approves Bill to Ease Tight Credit Conditions

The legislation includes provisions to address challenging credit conditions that home builders and home buyers continue to experience as a result of an overzealous regulatory response to the recent financial crisis.

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House Passes GOP Health Care Bill

Filed in Capitol Hill by on May 4, 2017 2 Comments
House Passes GOP Health Care Bill

The House today approved legislation designed to repeal and replace the Affordable Care Act, also commonly known as Obamacare. The Republican measure to revamp the nation’s health care system received no Democratic support. NAHB commended the House for passing H.R. 1628, the American Health Care Act of 2017.

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