Capitol Hill

NAHB Testifies House Energy Bill Would Harm Housing Affordability

NAHB Testifies House Energy Bill Would Harm Housing Affordability

NAHB today urged the House to oppose to H.R. 3962, the Energy Savings and Industrial Competitiveness Act of 2019, warning that the legislation would exacerbate the nation’s housing affordability woes.

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Trump Proposes $47.9 Billion Budget for HUD in Fiscal 2021

Filed in Capitol Hill by on February 10, 2020 0 Comments
Trump Proposes $47.9 Billion Budget for HUD in Fiscal 2021

President Trump announced today that the U.S. Department of Housing and Urban Development (HUD) would receive $47.9 billion in funding for the fiscal 2021 budget, which runs from Oct. 1, 2020 through Sept. 30, 2021. This is a 15.2% decrease, or $8.6 billion cut, from the amount enacted for 2020.

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House Passes Anti-Business Labor Bill; Measure Likely to Die in the Senate

Filed in Capitol Hill, Labor, Safety and Health by on February 7, 2020 1 Comment
House Passes Anti-Business Labor Bill; Measure Likely to Die in the Senate

The House on Thursday passed legislation strongly opposed by NAHB that contains dozens of sweeping labor law revisions that would negatively affect the construction labor market at a time of critical skilled worker shortages.

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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 4 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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