The federal government will shut down at 11:59 p.m. on Friday, April 28 unless Democrats and Republicans work together to enact a continuing resolution that will keep the government open. At this time it is unclear whether lawmakers will seek a stopgap funding bill for a week or two until a long-term solution can be reached or enact a spending bill that will fund the government through Sept. 30 – the end of fiscal 2017 – at roughly the 2016 spending level.
NAHB today called on Congress to work with federal regulators to fix the regulatory rulemaking process by ensuring that effects on small businesses are a primary focus for existing and future regulations.
Testifying before the Senate Small Business and Entrepreneurship Committee, NAHB First Vice Chairman Randy Noel told lawmakers that builders must navigate an ever-increasing tangle of regulations.
Home builders are increasingly concerned with the now-expired Softwood Lumber Agreement. The uncertainty surrounding a new trade agreement is impacting businesses on both sides of the border, as it was the primary culprit behind the surging lumber prices so far this year.
NAHB Chief Lobbyist Jim Tobin was among a few industry leaders who participated in a housing finance roundtable today organized by Senate Banking Committee Chairman Mike Crapo (R-Idaho) and Ranking Member Sherrod Brown (D-Ohio).
President Trump has released a proposed budget that includes cuts to a number of programs run by the Environmental Protection Agency – including the popular Energy Star certification program for new and remodeled homes and many home appliances.
In a victory for NAHB and the small business community, the Senate today passed legislation approved by the House earlier this month that will overturn the Occupational Safety and Health Administration’s (OSHA) clarification to its Volks recordkeeping rule.
The House today approved the Small Business Health Fairness Act, association health plan legislation that would put small businesses on an equal footing with large employers and unions when it comes to negotiating lower insurance costs.
House Ways and Means Committee members Pat Tiberi (R-Ohio) and Richard Neal (D-Mass.) today introduced the Affordable Housing Credit Improvement Act, legislation that contains a number of changes to enhance the effectiveness of the Low Income Housing Tax Credit (LIHTC).
Builders looking to send a message to Congress that it needs to take action to keep housing and the economy moving forward should mark their calendar now for the most important grassroots event of the year — the 2017 NAHB Legislative Conference. The conference is on Wednesday, June 14 and is a day-long event that coincides with the NAHB Midyear Board of Directors Meeting in Washington, D.C.
President Trump unveiled his fiscal 2018 budget plan today that proposes sharp increases to defense spending along with corresponding cuts to scores of non-defense discretionary programs. Notably, the administration puts HUD’s funding at $40.7 billion, down $6.2 billion or 13.2% from the $46.9 billion in 2017.