Housing Finance

Kavanaugh and Home Building: What the Record Shows

Filed in Environmental, Housing Finance, Leadership, Legal by on July 11, 2018 15 Comments
Kavanaugh and Home Building: What the Record Shows

As legal pundits and news outlets pour over Judge Brett Kavanaugh’s extensive judicial record to learn more about President Trump’s new Supreme Court nominee, members need only turn to the multiple NAHB court cases over which Kavanaugh has presided at the U.S. Court of Appeals for the D.C. Circuit to get a fuller picture.

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More Ways to Discover Affordable Housing Development Opportunities

More Ways to Discover Affordable Housing Development Opportunities

NAHB has added six new cities to its exclusive series of maps detailing metro areas where the Low Income Housing Tax Credit (LIHTC) is used to develop new affordable homes. Members can use these maps to better understand the distribution of LIHTC housing in select metropolitan areas and identify where additional housing may be needed.

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Senate Panel Approves $1.8 Billion Budget Increase for HUD

Filed in Capitol Hill, Housing Finance, Multifamily by on June 8, 2018 0 Comments
Senate Panel Approves $1.8 Billion Budget Increase for HUD

The Senate Appropriations Committee has unanimously approved $44.5 billion for HUD in fiscal 2019, which is $900 million more than the House legislation and $1.8 billion above the fiscal 2018 enacted level. The following are fiscal 2019 funding levels approved by the Senate panel for key HUD programs: The HOME program received $1.4 billion for […]

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VA Changes Approval Process for Site Condos in Michigan

Filed in Codes and Regulations, Housing Finance by on May 29, 2018 0 Comments
VA Changes Approval Process for Site Condos in Michigan

In an important victory for NAHB and Michigan home builders, the Department of Veteran Affairs has announced a major change that will waive VA’s site condo approval process for single-family detached homes in the state of Michigan.

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Banking Regulatory Relief Bill Clears Congress, Will Help Ease Tight Credit Conditions

Filed in Capitol Hill, Housing Finance by on May 22, 2018 4 Comments
Banking Regulatory Relief Bill Clears Congress, Will Help Ease Tight Credit Conditions

The House today approved bipartisan legislation approved by the Senate in March that will roll back some of the Dodd-Frank rules on banks that will eliminate some of the barriers to credit availability and support a stronger, more robust recovery of the housing and mortgage markets.

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CFPB Finalizes ‘Know Before You Owe’ Rule

Filed in Codes and Regulations, Housing Finance by on April 27, 2018 0 Comments
CFPB Finalizes ‘Know Before You Owe’ Rule

The Consumer Financial Protection Bureau (CFPB) has announced that it has finalized an amendment to its “Know Before You Owe” mortgage disclosure rule that addresses when mortgage lenders with a valid justification may pass on increased closing costs to consumers.

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NAHB Holds Productive Meeting with Treasury Secretary

Filed in Housing Finance, Leadership by on April 25, 2018 3 Comments
NAHB Holds Productive Meeting with Treasury Secretary

The U.S.-Canada softwood lumber trade dispute, housing finance reform and tax-related housing issues were on the agenda when NAHB Senior Officers recently met with Treasury Secretary Steve Mnuchin in Washington, D.C.

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Federal Regulators Approve Doubling Appraisal Threshold for CRE Transactions

Filed in Housing Finance by on April 4, 2018 0 Comments
Federal Regulators Approve Doubling Appraisal Threshold for CRE Transactions

The threshold for commercial real estate transactions that require an appraisal was increased from $250,000 to $500,000.

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Rural Housing Service Proposes Changes to Eligibility Maps

Filed in Housing Finance, Multifamily by on March 26, 2018 0 Comments
Rural Housing Service Proposes Changes to Eligibility Maps

The USDA Rural Housing Service (RHS) has proposed changes to certain areas eligible to receive financing for RHS housing programs. The changes could affect whether certain communities will still have access to Section 502 loans, which are used primarily to help low-income households buy homes.

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Help Your High-Performance Home Appraise as it Should

Filed in Environmental, Housing Finance by on March 12, 2018 0 Comments
Help Your High-Performance Home Appraise as it Should

As any green home builder can attest, getting accurate valuations on high-performance homes is no easy feat. The sustainability and efficiency aspects built into the building envelope are not often visible to the untrained eye. Luckily, builders can protect their investment and realize the full market potential of their home.

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