FHA Significantly Cuts Costs for Opportunity Zone Investors

Filed in Housing Finance, Multifamily by on May 9, 2019 0 Comments
FHA Significantly Cuts Costs for Opportunity Zone Investors

The Federal Housing Administration (FHA) announced today that it is reducing fees to provide greater incentives for multifamily developers to invest in Opportunity Zones across the nation.

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Fed’s Patience Continues as Labor Market Tightens

Filed in Economics by on May 9, 2019 0 Comments
Fed’s Patience Continues as Labor Market Tightens

Housing has generally underperformed thus far in 2019. Lagging housing construction is clearly connected to housing affordability declines stemming from the combination of interest rate effects and years of home price growth outpacing income growth.

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Housing Affordability Holds Steady on a Year-Over-Year Basis

Filed in Economics by on May 9, 2019 0 Comments
Housing Affordability Holds Steady on a Year-Over-Year Basis

Lower home prices, declining mortgage rates and solid income gains contributed to a rise in housing affordability in the first quarter of 2019. However, affordability is roughly the same as it was a year ago.

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NAHB Mourns Multifamily Leader Dan Markson

Filed in Leadership, Membership, Multifamily by on May 8, 2019 0 Comments
NAHB Mourns Multifamily Leader Dan Markson

Dan Markson, dedicated member from San Antonio and leader in the development of affordable housing, passed away May 4.

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Housing Takes a Hit on Higher China Tariffs

Filed in Affordability, Trade by on May 8, 2019 8 Comments
Housing Takes a Hit on Higher China Tariffs

In a move that will harm housing affordability, the Trump administration has increased tariffs on $200 billion worth of Chinese imports — including $10 billion of goods used by the home building industry — from 10% to 25% effective at 12:01 a.m. May 10.

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How to Design a Website for Boomer Prospects

Filed in 55+ Housing, Business Management, Technology by on May 8, 2019 0 Comments
How to Design a Website for Boomer Prospects

Your boomer prospects are living in a digital world — and they’re using it to research the products they’re interested in, including homes and communities. When developing or redesigning your site, plan for these three key aspects to ensure you’re giving your prospects the best digital experience possible.

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New EPA Guidance Says Groundwater Discharges Do Not Require Permits

Filed in Codes and Regulations, Environmental by on May 7, 2019 5 Comments
New EPA Guidance Says Groundwater Discharges Do Not Require Permits

EPA’s guidance states that discharges to groundwater are not covered by the Clean Water Act and do not require a permit, which is consistent with NAHB’s comments submitted to the Agency last spring.

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Failed Condominium Project Paves Way for Workforce Housing in Atlanta

Filed in Affordability by on May 7, 2019 0 Comments
Failed Condominium Project Paves Way for Workforce Housing in Atlanta

The Lofts at Reynoldstown Crossing in Atlanta emerged from a failed upscale condominium development on the site of the old Triumph Lofts motorcycle parts factory. The result: 25 workforce-priced units, three community land trust units and a market-rate penthouse, along with a 25-year plan to revitalize the surrounding area through multimodal transportation, recreation and housing development.

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Administration Approves 30,000 Additional H-2B Visas

Filed in Labor, Safety and Health by on May 6, 2019 0 Comments
Administration Approves 30,000 Additional H-2B Visas

The Department of Homeland Security (DHS) announced today that it will issue an additional 30,000 H-2B guest worker visas for fiscal year 2019, which ends Sept. 30. This will be in addition to the annual allotment of 66,000 visas, all of which have already been claimed this year.

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New ‘Connect 10’ Program Helps Younger Companies Grow

Filed in Business Management, Membership by on May 6, 2019 1 Comment
New ‘Connect 10’ Program Helps Younger Companies Grow

As a stepping stone to membership in the 20 Clubs, Connect 10 is built around a series of virtual meetings developed as a convenient and appealing platform for newer company owners.

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