Multifamily

Shutdown Impacts Multifamily Housing Programs

Filed in Capitol Hill, Multifamily by on January 7, 2019 1 Comment
Shutdown Impacts Multifamily Housing Programs

The partial government shutdown, now well into its third week, is having an impact on HUD multifamily programs, as the agency’s spending authority expired on Dec. 21, 2018.

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Northern Virginia Builder Embraces the Value of NGBS

Craig Havenner recognizes the benefits of building to the National Green Building Standard. As president of Christopher Companies in Northern Virginia, Havenner has built more than 450 units to the NGBS, and two more of his properties under development are on their way to meeting the standard.

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Trump Signs Executive Order on Opportunity Zones

Filed in Codes and Regulations, Multifamily, Tax Reform Toolkit by on December 14, 2018 1 Comment
Trump Signs Executive Order on Opportunity Zones

President Trump yesterday signed an executive order to spur more investment in opportunity zones, a new type of economic development incentive created by the Tax Cuts and Jobs Act of 2017.

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New LIHTC Webinar Offers Updates to Income Averaging Questions

Filed in Education, Multifamily by on November 30, 2018 0 Comments
New LIHTC Webinar Offers Updates to Income Averaging Questions

This Dec. 12 webinar answers questions we received about the new Income Average Test, which Low Income Housing Tax Credit professionals must consider to maintain compliance at tax-credit properties.

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Digital Marketing Done Right

Filed in Multifamily by on November 29, 2018 0 Comments
Digital Marketing Done Right

This webinar, presented by digital marketing experts, will help multifamily developers – and master plan community developers – plan and structure their digital marketing efforts in the most effective way possible.

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House to Take Up Tax Extenders, Fix for LIHTC Veterans Projects

Filed in Capitol Hill, Multifamily by on November 27, 2018 1 Comment
House to Take Up Tax Extenders, Fix for LIHTC Veterans Projects

House Ways and Means Committee Chairman Kevin Brady last night released a broad tax package that the House is expected to consider later this week. The legislation includes retirement and other savings enhancements, reforms to the Internal Revenue Service, and temporary tax relief for victims of recent natural disasters.

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Single-Family Starts Post Slight Decline as Builders Grapple with Affordability Issues

Filed in Economics, Home Building, Multifamily by on November 20, 2018 2 Comments
Single-Family Starts Post Slight Decline as Builders Grapple with Affordability Issues

Rising housing affordability concerns continue to weigh on single-family production even as total housing starts edged higher in October. According to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department, total housing starts rose 1.5 percent in October to a seasonally adjusted annual rate of 1.23 million units from an upwardly revised September reading.

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Multifamily Builder and Developer Confidence Weakens in 3rd Quarter

Filed in Economics, Multifamily by on November 20, 2018 0 Comments

Confidence in the multifamily housing market weakened in the third quarter, according to results from the Multifamily Market Survey (MMS) released today by NAHB. The MMS produces two separate indices: The Multifamily Production Index, which dropped three points to 48 compared to the previous quarter; and the Multifamily Vacancy Index, which rose two points to 47 compared to the previous quarter.

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Will Lawmakers Address the Low Income Housing Tax Credit in the Lame Duck Session?

Filed in Capitol Hill, Multifamily by on November 14, 2018 0 Comments
Will Lawmakers Address the Low Income Housing Tax Credit in the Lame Duck Session?

NAHB is focused on the potential that tax legislation will be part of this lame duck session, and we are working with our congressional supporters to press our Low Income Housing Tax Credit priorities.

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Fannie Mae, Freddie Mac Multifamily Lending Caps Hold Steady in 2019

Filed in Housing Finance, Multifamily by on November 6, 2018 0 Comments
Fannie Mae, Freddie Mac Multifamily Lending Caps Hold Steady in 2019

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 2019, unchanged from the 2018 caps.

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