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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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NAHB Supports Proposed Change to Joint Employer Standard

Filed in Codes and Regulations, Labor, Safety and Health by on September 13, 2018 0 Comments
NAHB Supports Proposed Change to Joint Employer Standard

The National Labor Relations Board (NLRB) will publish a notice of proposed rulemaking on Sept. 14 in the Federal Register inviting interested parties to submit comments on its proposed joint-employer standard. NAHB plans to submit detailed comments in support of this proposal.

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FHFA Proposes New Rulemaking on Uniform Mortgage-Backed Securities

Filed in Housing Finance by on September 12, 2018 0 Comments
FHFA Proposes New Rulemaking on Uniform Mortgage-Backed Securities

The Federal Housing Finance Agency (FHFA) announced it is issuing a proposed rule to require Fannie Mae and Freddie Mac (the Enterprises) to align programs, policies, and practices that affect the prepayment rates of “To-Be-Announced” (TBA)-eligible mortgage-backed securities (MBS).

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Bipartisan Group of Senators Seek Fair Resolution of Lumber Trade Dispute

Filed in Capitol Hill, Trade by on September 12, 2018 1 Comment
Bipartisan Group of Senators Seek Fair Resolution of Lumber Trade Dispute

In an effort spearheaded by NAHB, a dozen Republican and Democratic members of the U.S. Senate on Sept. 11 sent a joint letter to the Trump administration calling on the U.S. to resume softwood lumber trade negotiations with Canada.

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House Republicans Introduce ‘Tax Reform 2.0’ bills

Filed in Capitol Hill, Tax Reform Toolkit by on September 11, 2018 0 Comments
House Republicans Introduce ‘Tax Reform 2.0’ bills

House Republicans yesterday unveiled their long-anticipated package of tax changes, which are intended to build on the enactment of last year’s Tax Cuts and Jobs Act. Known as Tax Reform 2.0, it is actually a package of three bills. The House Ways and Means Committee is expected to take up the bills quickly, possibly later this week.

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NAHB Responds to Trump Tariff Threat

Filed in Economics, Trade by on September 7, 2018 0 Comments
NAHB Responds to Trump Tariff Threat

NAHB urged caution after President Trump today threatened to impose tariffs on $267 billion worth of Chinese imports that would be in addition $200 billion in duties on Chinese goods that the administration is already considering.

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A 10-Year Anniversary Highlights Need for Housing Finance Reform

Filed in Housing Finance, Leadership by on September 6, 2018 0 Comments
A 10-Year Anniversary Highlights Need for Housing Finance Reform

With Fannie Mae and Freddie Mac now marking their tenth year of conservatorship, NAHB today called on Congress to make it a priority to enact comprehensive reform to the nation’s housing finance system.

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NAHB Study on Multifamily Regulatory Burdens Spurs Capitol Hill Hearing

Filed in Capitol Hill, Codes and Regulations, Multifamily by on September 5, 2018 1 Comment
NAHB Study on Multifamily Regulatory Burdens Spurs Capitol Hill Hearing

A recent study by NAHB and the National Multifamily Housing Council that details how regulations account for 32% of the cost of developing new multifamily properties has caught the attention of Congress.

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NAHB Lauds Trump Executive Order on Retirement Security

Filed in Labor, Safety and Health by on August 31, 2018 3 Comments
NAHB Lauds Trump Executive Order on Retirement Security

President Trump today signed an executive order called “Strengthening Retirement Security in America” that is designed to expand access to workplace retirement savings plans for American workers. NAHB CEO Jerry Howard attended the signing ceremony and commended the White House for the initiative.

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Labor Department Announces New Apprenticeship Web Portal

Filed in Labor, Safety and Health by on August 30, 2018 0 Comments
Labor Department Announces New Apprenticeship Web Portal

The U.S. Department of Labor today announced the launch of a new digital platform, Apprenticeship.gov. This innovative web portal will help employers to publicize available apprenticeships.

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