Multifamily

NAHB Opposes House and Senate Bills to Eliminate Carried Interest

Filed in Capitol Hill, Multifamily by on March 21, 2019 0 Comments
NAHB Opposes House and Senate Bills to Eliminate Carried Interest

Sen. Tammy Baldwin (D-Wis.) and Rep. Bill Pascrell (D-N.J.) last week introduced the Carried Interest Fairness Act of 2019, which would impose a major tax increase on real estate by generally requiring carried interest to be classified as ordinary income rather than a capital gain.

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HUD Lawsuit Reinforces Right to Emotional Support Animals under Housing Laws

Filed in Legal, Multifamily by on March 11, 2019 0 Comments
HUD Lawsuit Reinforces Right to Emotional Support Animals under Housing Laws

The U.S. Department of Housing and Urban Development (HUD) last week announced the approval of a conciliation agreement with a housing provider in San Francisco over allegations of housing discrimination. The agreement resolved a lawsuit filed by a disabled tenant alleging he was denied the opportunity to rent because he had an emotional support animal.

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Navigating Housing’s Complicated Marijuana Legal Landscape

Filed in Legal, Multifamily by on March 11, 2019 0 Comments
Navigating Housing’s Complicated Marijuana Legal Landscape

Although marijuana may be legal in certain states, it is still illegal federally, which has caused uncertainty around legal restrictions. Learn the facts in the March 21 webinar, “How Do I Maneuver through the Issues that Marijuana May Bring?”

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HUD to Radically Cut Advance Notice of Housing Inspections

Filed in Codes and Regulations, Multifamily by on February 22, 2019 0 Comments
HUD to Radically Cut Advance Notice of Housing Inspections

HUD has announced it is dramatically reducing the advance notice it provides to public housing authorities and private owners of HUD-subsidized apartment developments before inspections to 14 days.

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Multifamily Builder and Developer Confidence Weakens Slightly in Fourth Quarter

Filed in Economics, Multifamily by on February 21, 2019 0 Comments
Multifamily Builder and Developer Confidence Weakens Slightly in Fourth Quarter

Confidence in the market for new multifamily housing weakened slightly in the fourth quarter, according to results from the Multifamily Market Survey (MMS) released today by NAHB.

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Multifamily Housing Production to Start Leveling Off

Filed in Economics, Multifamily by on February 20, 2019 0 Comments
Multifamily Housing Production to Start Leveling Off

While multifamily housing starts in 2018 came very close to the sector’s 2015 peak, production levels are expected to moderate somewhat in 2019 and will stabilize in a range that that is considered normal, according to NAHB analysis at a press conference today during the NAHB International Builders’ Show in Las Vegas.

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Unique Reuse Project and Green-Focused Developer Receive Top Honors at Multifamily Pillars Awards

Filed in Awards, International Builders' Show, Multifamily by on February 19, 2019 0 Comments
Unique Reuse Project and Green-Focused Developer Receive Top Honors at Multifamily Pillars Awards

Parcels at Concourse in Memphis, Tenn., was named Multifamily Community of the Year and Gables Residential, based in Atlanta, was named Multifamily Development Firm of the Year by NAHB as part of its 2018 Multifamily Pillars of the Industry Awards.

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4 Cities Added to LIHTC Maps

Filed in Codes and Regulations, Housing Trends, Multifamily by on February 5, 2019 0 Comments
4 Cities Added to LIHTC Maps

NAHB has added Detroit, San Diego, Tampa, Fla., and Minneapolis to its exclusive series of maps detailing metro areas where the Low-Income Housing Tax Credit (LIHTC) is used to develop new affordable homes and apartments.

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HUD Lays Out Priorities to Address Shutdown Backlog

Filed in Multifamily by on February 4, 2019 1 Comment
HUD Lays Out Priorities to Address Shutdown Backlog

HUD has issued two memos that lay out its priorities to address the backlog of activities caused by the government shutdown.

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Local Association Urges State to Address Region’s Housing Shortage

Filed in Codes and Regulations, Housing Finance, Multifamily by on January 30, 2019 0 Comments
Local Association Urges State to Address Region’s Housing Shortage

Affordable housing has been an ongoing concern across the United States, but has hit high-growth metropolitan areas such as San Francisco and Seattle particularly hard. The Master Builders Association of King and Snohomish Counties calls for greater action by Washington State to address affordable housing issues.

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