NAHB Testifies House Energy Bill Would Harm Housing Affordability

NAHB Testifies House Energy Bill Would Harm Housing Affordability

NAHB today urged the House to oppose to H.R. 3962, the Energy Savings and Industrial Competitiveness Act of 2019, warning that the legislation would exacerbate the nation’s housing affordability woes.

Continue Reading »

Military Family Receives Mortgage-Free Home

Filed in Home Building, NAHB Cares by on February 12, 2020 1 Comment
Military Family Receives Mortgage-Free Home

Operation Finally Home and Belman Homes teamed up to build a custom home for a deserving veteran.

Continue Reading »

Applications Now Open for HIRE Vets Award Program

Filed in Awards by on February 11, 2020 1 Comment
Applications Now Open for HIRE Vets Award Program

Home building firms that make it a priority to hire veterans can be recognized for their efforts under an award program administered by the U.S. Department of Labor.

Continue Reading »

IRS Provides Clarity on LIHTC Income Limits

Filed in Economics, Multifamily by on February 11, 2020 0 Comments
IRS Provides Clarity on LIHTC Income Limits

The Internal Revenue Service recently released revenue ruling 2020-4 that instructs taxpayers how to calculate Low-Income Housing Tax Credit (LIHTC) income limits should they choose to use the income averaging minimum set-aside test to meet LIHTC eligibility and compliance requirements.

Continue Reading »

5 Future Home Building Leaders Honored at IBS 2020

Filed in Awards by on February 11, 2020 1 Comment
5 Future Home Building Leaders Honored at IBS 2020

NAHB recently honored five extraordinary home builders as the 2019 Young Professionals of the Year at the 2020 International Builders’ Show in Las Vegas. The awards highlight the five regional winners’ hard work, performance, dedication and outstanding potential as they begin to serve as leaders in the home building industry.

Continue Reading »

Trump Proposes $47.9 Billion Budget for HUD in Fiscal 2021

Filed in Capitol Hill by on February 10, 2020 0 Comments
Trump Proposes $47.9 Billion Budget for HUD in Fiscal 2021

President Trump announced today that the U.S. Department of Housing and Urban Development (HUD) would receive $47.9 billion in funding for the fiscal 2021 budget, which runs from Oct. 1, 2020 through Sept. 30, 2021. This is a 15.2% decrease, or $8.6 billion cut, from the amount enacted for 2020.

Continue Reading »

Three Exciting New Home Products Win Global Innovation Awards

Filed in Awards, Global Housing, International Builders' Show by on February 10, 2020 0 Comments
Three Exciting New Home Products Win Global Innovation Awards

Mobile marketing tags, an unobtrusive indoor cooling and heating system, and a 3-D large-scale structural panel building system were the winners of the 2019 Global Innovation Awards. Representatives for all three products were honored last month at the NAHB International Builders’ Show® in Las Vegas.

Continue Reading »

NAHB Course Provides Closer Look at Home Builders’ Finances

Filed in Business Management, Education by on February 7, 2020 0 Comments
NAHB Course Provides Closer Look at Home Builders’ Finances

NAHB online course series, Business Accounting and Job Costing: A Road Map to Profitability, is packed with information that will ensure profitability. The course covers financial planning, budgeting, construction business accounting, job cost systems, and financing options.

Continue Reading »

Lumber Duties Could be Cut by More than 50% in August

Filed in Trade by on February 7, 2020 4 Comments
Lumber Duties Could be Cut by More than 50% in August

With lumber prices rising steadily since June 2019, a preliminary decision by the U.S. Department of Commerce to reduce duties by August on shipments of Canadian lumber into the United States is good news for home builders and home buyers.

Continue Reading »

House Passes Anti-Business Labor Bill; Measure Likely to Die in the Senate

Filed in Capitol Hill, Labor, Safety and Health by on February 7, 2020 1 Comment
House Passes Anti-Business Labor Bill; Measure Likely to Die in the Senate

The House on Thursday passed legislation strongly opposed by NAHB that contains dozens of sweeping labor law revisions that would negatively affect the construction labor market at a time of critical skilled worker shortages.

Continue Reading »