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NAHB Helps Avert Lapse in Federal Flood Insurance Program

Filed in Capitol Hill, Disaster Response by on May 30, 2019 0 Comments
NAHB Helps Avert Lapse in Federal Flood Insurance Program

Thanks in large part to NAHB’s efforts, the House and Senate have approved legislation that extends funding for the National Flood Insurance Program (NFIP) for another two weeks through June 14, 2019.

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Court Sends WOTUS Rule Back to the EPA

Filed in Codes and Regulations, Environmental, Legal by on May 29, 2019 1 Comment
Court Sends WOTUS Rule Back to the EPA

In a victory for NAHB and home builders across the nation, the U.S. District Court for the Southern District of Texas declared that the Environmental Protection Agency (EPA) violated the Administrative Procedure Act when drafting the Obama-era “waters of the United States” (WOTUS) rule in 2015.

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Federal Flood Insurance Program Could Lapse and Jeopardize Home Sales

Filed in Capitol Hill, Disaster Response by on May 29, 2019 0 Comments
Federal Flood Insurance Program Could Lapse and Jeopardize Home Sales

The National Flood Insurance Program (NFIP) is facing a short-term lapse and any home buyers who require federal flood insurance are encouraged to move any June closings up to May 31 if possible.

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No Enthusiasm Curb for Curbless Showers

Filed in Design, Housing Trends, Remodelers by on May 29, 2019 2 Comments
No Enthusiasm Curb for Curbless Showers

When it comes to the most sought-after aging-in-place projects, bathrooms dominate the top spot. In a recent NAHB survey of remodelers, more than eight out of 10 reported that installing grab bars (89%), higher toilets (85%) and curbless showers (82%) were the most common aging-in-place projects.

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Townhouse Construction Slows at Start of 2019

Filed in Economics by on May 17, 2019 0 Comments
Townhouse Construction Slows at Start of 2019

Townhouse construction slowed during the first quarter of 2019 after a strong 2018 performance, according to NAHB analysis of the most recent Census data of Starts and Completions by Purpose and Design.

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FHA Proposes Clarification for Lenders to Increase Program Participation

Filed in Housing Finance by on May 10, 2019 0 Comments
FHA Proposes Clarification for Lenders to Increase Program Participation

The Federal Housing Administration (FHA) announced on May 9 that it is proposing several revisions to its lender certification requirements with the goal of providing lenders and servicers greater certainty in how to satisfy the agency’s compliance requirements.

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FHA Significantly Cuts Costs for Opportunity Zone Investors

Filed in Housing Finance, Multifamily by on May 9, 2019 0 Comments
FHA Significantly Cuts Costs for Opportunity Zone Investors

The Federal Housing Administration (FHA) announced today that it is reducing fees to provide greater incentives for multifamily developers to invest in Opportunity Zones across the nation.

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Housing Takes a Hit on Higher China Tariffs

Filed in Affordability, Trade by on May 8, 2019 8 Comments
Housing Takes a Hit on Higher China Tariffs

In a move that will harm housing affordability, the Trump administration has increased tariffs on $200 billion worth of Chinese imports — including $10 billion of goods used by the home building industry — from 10% to 25% effective at 12:01 a.m. May 10.

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Administration Approves 30,000 Additional H-2B Visas

Filed in Labor, Safety and Health by on May 6, 2019 0 Comments
Administration Approves 30,000 Additional H-2B Visas

The Department of Homeland Security (DHS) announced today that it will issue an additional 30,000 H-2B guest worker visas for fiscal year 2019, which ends Sept. 30. This will be in addition to the annual allotment of 66,000 visas, all of which have already been claimed this year.

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Top 10 Home Technology Features

Filed in Housing Trends, Technology by on May 3, 2019 3 Comments
Top 10 Home Technology Features

When it comes to the top technology features that consumers want in their homes, the “eyes” have it. Three of the four most wanted features are security-related.

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