Capitol Hill

Congress Approves Short-Term Extension to Keep Government Running

Filed in Capitol Hill by on December 8, 2017 0 Comments

To avert a government shutdown on Dec. 8, Congress today approved a short-term continuing resolution to keep the government running for two more weeks until Dec. 22. This also means that the National Flood Insurance Program will be extended through Dec. 22.

The federal government funding package also means that the National Flood Insurance Program (NFIP), which was set to expire on Dec. 8, will be extended until Dec. 22.

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A Positive Development on Housing Finance Reform

Filed in Capitol Hill, Housing Finance by on December 7, 2017 0 Comments
A Positive Development on Housing Finance Reform

House Financial Services Committee Chairman Jeb Hensarling spoke out yesterday on the need to enact comprehensive housing finance reform and acknowledged that a final package would likely contain some kind of federal backstop.

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NAHB Leaders Hold Productive Talks with Lawmakers on Tax Reform

Filed in Capitol Hill by on December 6, 2017 0 Comments
NAHB Leaders Hold Productive Talks with Lawmakers on Tax Reform

NAHB Chairman Granger MacDonald and CEO Jerry Howard met with key members of Congress today to push for the association’s housing priorities as the tax reform process moves to a House-Senate conference committee. The meetings were productive and NAHB remains optimistic about the key housing elements we are seeking in the final conference report.

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A Final Push on Tax Reform

Filed in Capitol Hill by on December 6, 2017 4 Comments
A Final Push on Tax Reform

As House and Senate conferees work to produce a final tax overhaul package, NAHB is urging congressional leadership to produce a conference report that provides the best outcome for home owners, renters and the small business community. We need you to join the fight.

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Senate Approves Tax Reform Bill

Filed in Capitol Hill by on December 2, 2017 24 Comments
Senate Approves Tax Reform Bill

Senate Republicans this morning narrowly approved legislation to revamp the nation’s tax code. While NAHB opposes the House-passed tax reform package, the Senate bill represents a step in the right direction.

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Tax Reform Advances on Capitol Hill

Filed in Capitol Hill by on November 17, 2017 5 Comments
Tax Reform Advances on Capitol Hill

The House on Nov. 16 passed The Tax Cuts and Jobs Act, tax reform legislation opposed by NAHB because of its detrimental effects to the housing market and middle-class families. Late that evening, the Senate Finance Committee advanced its version of tax reform legislation that NAHB believes is better for the housing sector. However, like the House bill, the Senate tax plan fails to provide a meaningful incentive for homeownership for the middle class.

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NAHB Leaders Press Case for Housing as Congress Tackles Tax Reform

Filed in Capitol Hill, Homeownership, Leadership by on November 17, 2017 0 Comments
NAHB Leaders Press Case for Housing as Congress Tackles Tax Reform

Fifty leaders from across the NAHB Federation met with more than 150 Senators and Congressional representatives this week as your association continued to press the case for affordable housing and middle-class homeownership incentives in tax reform legislation being considered by both houses.

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House Bill ‘Hurts the Middle Class,’ NAHB Says

Filed in Capitol Hill, Leadership by on November 16, 2017 0 Comments
House Bill ‘Hurts the Middle Class,’ NAHB Says

The just-passed Tax Cuts and Jobs Act “is a bad deal for hard-working American families,” said NAHB chairman Granger MacDonald in a press statement issued today after the House of Representatives, in a 227-205 vote, passed its version of tax reform.

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Senate Tax Reform Bill Boosts Affordable Housing

Filed in Capitol Hill, Multifamily by on November 16, 2017 0 Comments
Senate Tax Reform Bill Boosts Affordable Housing

Senate Finance Committee Chairman Orrin Hatch (R-Utah) has released an updated version of the Senate tax reform bill that includes a number of changes that are favorable for the Low-Income Housing Tax Credit.

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House Approves Five-Year Flood Insurance Reauthorization

Filed in Capitol Hill by on November 14, 2017 0 Comments

The House today approved legislation that would reauthorize the National Flood Insurance Program for five years and includes many NAHB-supported modifications to the program.

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