Multifamily

Sen. Heller Introduces Tax Credit Proposal Targeting Low-Income Seniors

Filed in Capitol Hill, Multifamily by on October 17, 2018 0 Comments
Sen. Heller Introduces Tax Credit Proposal Targeting Low-Income Seniors

Sen. Dean Heller (R-Nev) on Oct. 11 introduced the Seniors Affordable Housing Tax Credit Act (S. 3580), legislation that would provide tax credits to building owners who lease units to low-income seniors.

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Multifamily Decline Pushes Overall Housing Starts Down in September

Filed in Economics, Home Building, Multifamily by on October 17, 2018 0 Comments
Multifamily Decline Pushes Overall Housing Starts Down in September

Led by a drop in multifamily production, total housing starts fell 5.3 percent in September to a seasonally adjusted annual rate of 1.2 million units, according to newly released data from the U.S. Department of Housing and Urban Development and the Commerce Department.

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Prop 10 a Bad Deal for Affordable Housing Advocates

Filed in Codes and Regulations, Multifamily by on October 9, 2018 0 Comments
Prop 10 a Bad Deal for Affordable Housing Advocates

Californians will be faced with more than just candidates for local and national office when they vote Nov. 6: They’ll also have to decide whether to repeal the state’s 23-year-old Costa-Hawkins law.That measure limits local jurisdictions’ ability to impose rent controls.

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FHA Extends Multifamily Risk-Sharing Initiative Through Dec. 31

Filed in Housing Finance, Multifamily by on October 1, 2018 0 Comments
FHA Extends Multifamily Risk-Sharing Initiative Through Dec. 31

The Federal Housing Administration will extend its multifamily risk-sharing initiative with the Federal Financing Bank for eligible housing finance agencies through Dec. 31, 2018.

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NAHB Seeks Additional ‘Safe Harbor’ for Accessibility Requirements

Filed in Codes and Regulations, Legal, Multifamily by on September 26, 2018 0 Comments
NAHB Seeks Additional ‘Safe Harbor’ for Accessibility Requirements

The Department of Justice is seeking NAHB’s assistance to help home builders and design professionals better understand the Fair Housing Act’s accessibility provisions. In an August letter to HUD officials, NAHB provided some concrete assistance.

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Ivory Homes Launches Affordable Housing Prize

Filed in Business Management, Housing Trends, Multifamily, NAHB Cares by on September 21, 2018 0 Comments
Ivory Homes Launches Affordable Housing Prize

A Utah home builder and NAHB member is spearheading an effort to generate innovative solutions to the nationwide crisis in affordable housing – and offering prizes totaling $200,000 to the top entries.

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Housing Starts Rise in August Amid Ongoing Affordability Concerns

Filed in Economics, Home Building, Multifamily by on September 19, 2018 0 Comments
Housing Starts Rise in August Amid Ongoing Affordability Concerns

Total housing starts increased 9.2% in August to a seasonally adjusted annual rate of 1.28 million units, according to newly released data from HUD and the Commerce Department.

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GAO Report on LIHTC Finds Wide Range in Median Construction Costs

Filed in Capitol Hill, Multifamily by on September 18, 2018 0 Comments
GAO Report on LIHTC Finds Wide Range in Median Construction Costs

The Government Accountability Office (GAO) today released its long-anticipated report on Low Income Housing Tax Credit (LIHTC) development costs. This is the third GAO report examining the LIHTC, stemming from a request by Senate Judiciary Chairman Chuck Grassley (R-Iowa) to examine the cost-efficiency and effectiveness of the housing tax credit.

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Builders Take the Lead for a Better Building Code

Filed in Codes and Regulations, Home Building, Multifamily by on September 14, 2018 2 Comments
Builders Take the Lead for a Better Building Code

As they step up from HBAs throughout the Federation, it’s clear that home builders have gotten the message that it takes only a few simple steps to ensure better building and energy codes – and those steps start with them.

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September Brings Great IBS Discounts

September Brings Great IBS Discounts

Registration is open for the 75th annual NAHB International Builders’ Show® (IBS), the largest annual, light-construction trade show in the world. The show returns in 2019 to Las Vegas Feb. 19-21 after a two-year stint in Orlando, Fla.

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