Affordability

Fed Chair: Home Builders Feel Like They’ve Been Hit by a ‘Perfect Storm’

Filed in Affordability, Capitol Hill by on July 11, 2019 13 Comments
Fed Chair: Home Builders Feel Like They’ve Been Hit by a ‘Perfect Storm’

Federal Reserve Chairman Jerome M. Powell told the Senate Banking Committee today that the nation’s home builders are facing several supply-side challenges that are hindering housing affordability and “feel almost like they have been hit with a perfect storm here.”

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Housing Options Expand as Lots and Homes Get Smaller

Filed in Affordability, Land Development by on July 9, 2019 1 Comment
Housing Options Expand as Lots and Homes Get Smaller

Housing development within the United States needs a makeover. Past trends guided by regulations have led to a housing market with limited variation. NAHB’s latest report explores the issues involved in generating a greater mix of housing types, and provides relevant best practices on regulatory and design options and barriers.

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How Green Building Can Boost Housing Affordability

How Green Building Can Boost Housing Affordability

Housing affordability — a top priority for NAHB in 2019 — is a critical issue nationwide. Although there is no single solution to the affordability challenge, incentives can provide some relief. Visit NAHB at the NACo Conference this week to learn how high-performance building strategies in both market-rate and low-income homes can qualify for these incentives to provide affordable solutions, and what other jurisdictions are doing.

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Video: NAHB Chairman Updates Members on Housing Affordability Initiatives

Filed in Affordability, Chairman's Update by on July 8, 2019 0 Comments
Video: NAHB Chairman Updates Members on Housing Affordability Initiatives

In this month’s video update to members, NAHB Chairman Greg Ugalde discusses three important developments.

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Seamless Design and Community Engagement Critical to Affordable Housing Success

Filed in Affordability, Design, Land Development by on July 2, 2019 1 Comment
Seamless Design and Community Engagement Critical to Affordable Housing Success

The Seattle Housing Authority’s (SHA) redevelopment of its Rainier Vista property transformed the community. The large-scale project replaced 481 deteriorating public housing units from the 1940s with a new mixed-income, mixed-use community of 1,092 residential units with office, retail, services and recreational space.

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Bipartisan Codes Bill Promotes Affordability, Energy Savings

Bipartisan Codes Bill Promotes Affordability, Energy Savings

Reps. Kurt Schrader (D-Ore.), Bill Flores (R- Texas), Tom O’Halleran (D-Ariz.), Collin Peterson (D-Minn.) and Lou Correa (D-Calif. today introduced bipartisan legislation that would foster the development of energy efficiency baselines for buildings while ensuring that home builders and home owners are not burdened by unreasonable regulations.

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Harvard Study Shows U.S. Housing Production is Lagging Far Behind Demand

Harvard Study Shows U.S. Housing Production is Lagging Far Behind Demand

Despite a solid economy, rising wages and household growth that is now back from post-recession lows, new home construction remains depressed, due to supply-side challenges that are making it increasingly more difficult to build at affordable price points.

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President Trump Signs Executive Order on Housing Affordability

Filed in Affordability, Chairman's Update by on June 25, 2019 10 Comments
President Trump Signs Executive Order on Housing Affordability

In a key victory for NAHB, President Trump today put housing at the forefront of the national debate by signing an executive order that cites the need to cut costly regulations that are hampering the production of more affordable housing in America.

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Home Rehab Program Converts Eyesores Into Assets

Filed in Affordability, Design, Land Development, Remodelers by on June 19, 2019 0 Comments
Home Rehab Program Converts Eyesores Into Assets

Homes for rehab are often beset with significant structural issues such as collapsed roofs, mold, water infiltration or cracked foundations. In the greater Chicago area, the Affordable Housing Corporation of Lake County (AHCLC) created a successful approach to revitalizing communities.

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Zoning Restrictions Present Major Obstacles to Housing Affordability

Filed in Affordability, Land Development, Multifamily by on June 18, 2019 2 Comments
Zoning Restrictions Present Major Obstacles to Housing Affordability

Boston has seen notable growth in recent years, but it has been unable to keep up with housing demand. A new report, “The State of Zoning for Multi-Family Housing In Greater Boston,” illustrates the effects zoning restrictions can have on housing affordability in a major metropolitan area.

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