Capitol Hill

Tax Reform Advances on Capitol Hill

Filed in Capitol Hill by on November 17, 2017 0 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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Builders Fly to Washington to Push for Homeownership Tax Credit

Filed in Capitol Hill, Homeownership by on November 14, 2017 1 Comment
Builders Fly to Washington to Push for Homeownership Tax Credit

More than 50 builders from across the nation are traveling to Washington this week to hold meetings with key House and Senate Republican leaders and urge them to include a homeownership tax credit in tax reform legislation pending in both chambers of Congress.

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Senate Tax Reform Bill a Better Starting Point

Filed in Capitol Hill by on November 10, 2017 4 Comments
Senate Tax Reform Bill a Better Starting Point

While NAHB still opposes the current House tax reform legislation, the Senate bill released last night represents a step forward. Unlike the House bill, the Senate package provides meaningful tax relief for small businesses and keeps the complete Low-Income Housing Tax Credit program in place. However, NAHB believes that both the House and Senate bills fall short in maintaining an effective homeownership tax incentive.

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Senate Tax Reform Bill: Better for Affordable Housing

Filed in Capitol Hill, Housing Finance, Multifamily by on November 10, 2017 0 Comments
Senate Tax Reform Bill: Better for Affordable Housing

The Senate tax reform legislation represents a much better deal for multifamily developers and members of the affordable housing community.

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Tax Reform Plan Spells Disaster for Affordable Housing

Filed in Capitol Hill, Codes and Regulations, Multifamily by on November 9, 2017 1 Comment
Tax Reform Plan Spells Disaster for Affordable Housing

Recent analysis illustrates how the tax proposal introduced last week in Congress would have a devastating impact on the industry.

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House Passes Joint Employer Bill, Providing Certainty for Small Businesses

Filed in Capitol Hill, Labor, Safety and Health by on November 7, 2017 1 Comment
House Passes Joint Employer Bill, Providing Certainty for Small Businesses

NAHB today commended the House for passing the bipartisan Save Local Business Act, legislation that would amend the National Labor Relations Act and Fair Labor Standards Act to restore a common sense joint employer standard for home building firms and other small businesses.

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