Multifamily

Community, Development Firm Honored with NAHB Multifamily Pillars of the Industry Awards

Filed in Awards, International Builders' Show, Multifamily by on January 11, 2018 0 Comments
Community, Development Firm Honored with NAHB Multifamily Pillars of the Industry Awards

The Rey in San Diego was named Community of the Year, and Dominium Development & Acquisitions in Plymouth, Minn., was named Development Firm of the Year for 2017 in NAHB’s Multifamily Pillars of the Industry Awards.

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Multifamily Housing Production Enters Sustainable Phase

Filed in Economics, International Builders' Show, Multifamily by on January 10, 2018 0 Comments
Multifamily Housing Production Enters Sustainable Phase

Although multifamily housing starts are expected to slightly moderate this year and in 2019, production levels are projected to remain stable in a range considered normal, according to experts participating in a press conference today during the International Builders’ Show in Orlando.

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3 More Cities Added to LIHTC Maps

Filed in Codes and Regulations, Housing Trends, Multifamily by on December 29, 2017 0 Comments

NAHB has added Seattle, Chicago and Denver to its exclusive series of maps detailing metro areas where the Low Income Housing Tax Credit is used to develop new affordable homes.

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Single-Family Starts Rise in Line with Builder Confidence

Filed in Economics, Home Building, Multifamily by on December 19, 2017 0 Comments
Single-Family Starts Rise in Line with Builder Confidence

Nationwide housing starts rose 3.3% in November to a seasonally adjusted annual rate — and post-recession high — of 1.297 million units after a downwardly revised October reading, according to newly released data from HUD and the Commerce Department.

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WOTUS Rule Would be ‘Devastating,’ Builder Tells Capitol Hill

WOTUS Rule Would be ‘Devastating,’ Builder Tells Capitol Hill

The 2015 rule defining “waters of the United States” would be devastating for his business, said NAHB member Doug Davis at a briefing for congressional staff in Washington, D.C. Dec. 6.

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Don’t Hesitate – Come Celebrate at IBS

Don’t Hesitate – Come Celebrate at IBS

Join your peers at one of more than a dozen awards and recognition ceremonies during the 2018 NAHB International Builders’ Show® in Orlando, Jan. 9-11. The awards will encompass all areas of residential construction, including green, design, multifamily, custom and more.

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Slight Decline in Multifamily Lending Caps for Fannie Mae and Freddie Mac

Filed in Housing Finance, Multifamily by on November 21, 2017 0 Comments
Slight Decline in Multifamily Lending Caps for Fannie Mae and Freddie Mac

The Federal Housing Finance Agency (FHFA) announced today that multifamily lending caps for Fannie Mae and Freddie Mac will be $35 billion for each enterprise in 2018, down from $36.5 billion in 2017.

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Multifamily Developer Confidence Weakens in 3rd Quarter

Filed in Economics, Multifamily by on November 21, 2017 0 Comments
Multifamily Developer Confidence Weakens in 3rd Quarter

NAHB’s Multifamily Production Index (MPI) dropped 10 points to 46 in the third quarter of 2017. This is the lowest reading since the second quarter of 2011. The MPI measures builder and developer sentiment about current conditions in the apartment and condominium market on a scale of 0 to 100. The index and all of […]

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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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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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