Capitol Hill

Terrorism Risk Insurance Extended for 7 Years

Filed in Capitol Hill, Multifamily by on January 7, 2020 0 Comments
Terrorism Risk Insurance Extended for 7 Years

In a win for multifamily developers, Congress approved an NAHB-supported provision that reauthorizes the Terrorism Risk Insurance Act (TRIA) for seven years through Dec. 31, 2027 as part of fiscal 2020 appropriations legislation that was approved at the end of the year.

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A Look Back at Significant Wins in 2019

A Look Back at Significant Wins in 2019

NAHB achieved a number of significant victories in 2019 on a broad range of issues, including housing affordability, taxes, regulations and more.

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Flood Insurance, HUD, USDA and Labor Programs Extended Through Sept. 30

Filed in Capitol Hill by on December 19, 2019 0 Comments
Flood Insurance, HUD, USDA and Labor Programs Extended Through Sept. 30

Congress approves spending bills that will keep the National Flood Insurance Program and key HUD and USDA programs funded through Sept. 30, 2020.

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Congress Revives Expired Tax Extenders, Makes Other Key Tax Changes

Filed in Capitol Hill, Sustainability & Green Building by on December 17, 2019 2 Comments
Congress Revives Expired Tax Extenders, Makes Other Key Tax Changes

Congress approves a package of tax changes that include a number of provisions sought by NAHB, including a series of temporary tax provisions known as “tax extenders.”

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A Gift to You: 2019 All Wrapped Up

Filed in Capitol Hill, Membership by on December 13, 2019 0 Comments
A Gift to You: 2019 All Wrapped Up

On the latest episode of the Housing Developments podcast, hosts Jerry Howard and Jim Tobin look back at 2019. Tune in to hear about our key policy wins from the year, and where we’re headed in 2020.

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House Approves Bill to Lift Caps on State and Local Tax Deduction

Filed in Capitol Hill, Tax Reform Toolkit by on December 11, 2019 2 Comments
House Approves Bill to Lift Caps on State and Local Tax Deduction

The House Ways and Means Committee today approved the Restoring Tax Fairness for States and Localities Act, a bill to address concerns from higher-tax states regarding the state and local tax deduction limits.

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Bipartisan Senate Bill Restores Tax-Exempt Status for Developers’ Sewer and Water Contributions

Filed in Capitol Hill, Tax Reform Toolkit by on December 11, 2019 1 Comment
Bipartisan Senate Bill Restores Tax-Exempt Status for Developers’ Sewer and Water Contributions

Sens. Jeanne Shaheen (D-NH), Lisa Murkowski (R-AK) and Maggie Hassan (D-NH) introduced legislation to address an unintended consequence of the Tax Cuts and Jobs Act of 2017 that increased costs for some builders and developers.

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Senate Ratifies USMCA Trade Pact

Filed in Capitol Hill, Trade by on December 10, 2019 1 Comment
Senate Ratifies USMCA Trade Pact

In a step forward to address the nation’s growing housing affordability crisis, the Senate voted on Jan. 16 to ratify the U.S.-Mexico-Canada Agreement (USMCA). The House ratified the trade agreement in December.

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National Flood Insurance Program Extended Through Dec. 20

Filed in Capitol Hill by on November 21, 2019 0 Comments
National Flood Insurance Program Extended Through Dec. 20

To prevent a government shutdown on Nov. 22, Congress has approved a continuing resolution that will keep the government funded for another month through Dec. 20. 

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Democratic Presidential Candidates Talk Housing Affordability

Filed in Affordability, Capitol Hill by on November 21, 2019 3 Comments
Democratic Presidential Candidates Talk Housing Affordability

Democratic presidential candidates cited the need to increase housing production to ease America’s affordability crisis during a nationally televised debate last night in Atlanta.

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