Codes and Standards

Fresh Air Design Options for Post-COVID-19 Market

Filed in Design, Disaster Response, Environment by on June 15, 2020 2 Comments
Fresh Air Design Options for Post-COVID-19 Market

While the pandemic has upended many things, enjoying the outdoors doesn’t need to be one of them. Whether a leafy home in the suburbs or a large apartment building in the city, there are many ways to design outdoor areas to expand living spaces for health, relaxation and recreation.

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2020 National Electrical Code Adoption Kits Now Available

Filed in Codes and Standards by on June 10, 2020 0 Comments
2020 National Electrical Code Adoption Kits Now Available

NAHB’s 2020 National Electrical Code Adoption Kit identifies significant changes that would most impact the home building industry.

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Oklahoma Governor Signs Housing Affordability Bill into Law

Oklahoma Governor Signs Housing Affordability Bill into Law

In a victory for home builders and housing affordability, Oklahoma Governor Kevin Stitt (R) has signed SB 1713 into law. The legislation will limit cities and counties from regulating purely aesthetic building design that would needlessly raise the cost of housing.

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New NGBS Offers Remodelers a Roadmap for High-Performance Projects

New NGBS Offers Remodelers a Roadmap for High-Performance Projects

Remodelers who use green-building techniques will be better positioned to meet the growing demand for improving a home’s energy efficiency. The new ICC 700-2020 National Green Building Standard® (NGBS) provides a roadmap to guide the design and construction of high-performance projects

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FHFA Releases New Capital Rule for Fannie Mae, Freddie Mac

Filed in Codes and Standards, Housing Finance by on May 22, 2020 0 Comments
FHFA Releases New Capital Rule for Fannie Mae, Freddie Mac

The Federal Housing Finance Agency (FHFA) today re-proposed a 2018 plan to establish a new regulatory capital framework for Fannie Mae and Freddie Mac. The proposed rule is a critical step toward FHFA’s goal to release the two government-sponsored enterprises from conservatorship.

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OCC Finalizes Rules to Update Community Reinvestment Act Regulations

Filed in Codes and Standards, Housing Finance by on May 20, 2020 0 Comments
OCC Finalizes Rules to Update Community Reinvestment Act Regulations

The Office of the Comptroller of the Currency (OCC) today announced final rules to update the agency’s regulations under the Community Reinvestment Act (CRA). NAHB submitted comments on the proposed rule issued by the Federal Deposit Insurance Corp. (FDIC) and OCC in April and we are currently examining the 372-page regulation to determine its impact on the housing community.

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EPA Wants to Know What Customers Think About WaterSense-Labeled Products

EPA Wants to Know What Customers Think About WaterSense-Labeled Products

The U.S. Environmental Protection Agency (EPA) recently announced its decision via a Federal Register notice to maintain the current specifications for several WaterSense-labeled products. In addition to announcing the completion of the product review, the notice also contained requests for input and information related to consumer satisfaction.

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IRS Reverses Guidance on Employee Retention Tax Credit

Filed in Codes and Standards, Labor by on May 8, 2020 0 Comments
IRS Reverses Guidance on Employee Retention Tax Credit

In response to concerns raised by a bipartisan group of lawmakers, the IRS has reversed guidance to allow employer-paid health insurance costs to be eligible for the employee retention tax credit, even if the employer has furloughed workers and is not otherwise paying wages.

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IRS: Expenses Paid with Forgiven PPP Loans are Not Tax Deductible

Filed in Codes and Standards, Economics by on May 1, 2020 4 Comments
IRS: Expenses Paid with Forgiven PPP Loans are Not Tax Deductible

The Internal Revenue Service on April 30 issued guidance that states that employers who have loans under the Paycheck Protection Program (PPP) will not be eligible for tax deductions on expenses paid through the loan if payment of those expenses results in the loan being forgiven.

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EPA Extends Comment Period on Transparency Proposal

Filed in Codes and Standards, Environment by on April 30, 2020 0 Comments
EPA Extends Comment Period on Transparency Proposal

The U.S. Environmental Protection Agency (EPA) on March 18 issued a supplemental notice of proposed rulemaking (SNPR) to the proposed rule, “Strengthening Transparency in Regulatory Science.” When finalized, the EPA says the proposal is intended to ensure “that all important studies underlying significant regulatory actions at the EPA, regardless of their source, are available for a transparent review by qualified scientists.”

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