Tag: HUD

New Home Sales Slip in April

Filed in Economics by on May 23, 2017 0 Comments
New Home Sales Slip in April

After a strong start to the year, sales of newly built, single-family homes dropped for the first time in 2017, falling 11.4%. Sales numbers for the first three months of the year were all upwardly revised, and the March sales pace was the highest since October 2007.

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HUD Task Force to Tackle Excessive Regulation

Filed in Codes and Regulations, Multifamily by on May 15, 2017 3 Comments

Following up on President Trump’s recent directives designed to ease the burden of onerous and conflicting federal regulations, HUD today announced it is forming a task force to identify agency regulations that should repealed, replaced or modified – and get a better handle on the price tags, including recordkeeping costs, associated with each one.

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Patenaude is Trump’s Choice for Deputy HUD Secretary

Filed in Codes and Regulations, Housing Finance by on April 28, 2017 4 Comments

President Trump will nominate Pamela Patenaude as the new HUD Deputy Secretary, the White House announced today. NAHB Chairman Granger MacDonald commended the decision in a press statement.

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Trump Budget Proposes $6 Billion Cut to HUD

Filed in Capitol Hill by on March 16, 2017 15 Comments
Trump Budget Proposes $6 Billion Cut to HUD

President Trump unveiled his fiscal 2018 budget plan today that proposes sharp increases to defense spending along with corresponding cuts to scores of non-defense discretionary programs. Notably, the administration puts HUD’s funding at $40.7 billion, down $6.2 billion or 13.2% from the $46.9 billion in 2017.

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NAHB Urges HUD Secretary to Act on FHA Mortgage Insurance Premium Cuts

Filed in Housing Finance by on March 10, 2017 2 Comments
NAHB Urges HUD Secretary to Act on FHA Mortgage Insurance Premium Cuts

NAHB sent a letter to HUD Secretary Ben Carson on March 9 urging the secretary to reinstate previously announced premium reductions on FHA-insured mortgages that were due to go into effect on Jan. 27, 2017 but suspended by the Trump administration.

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Senate Confirms Dr. Ben Carson as HUD Secretary

Filed in Capitol Hill by on March 2, 2017 0 Comments

The Senate today voted to confirm Dr. Ben Carson to lead the U.S. Department of Housing and Urban Development. NAHB has been a strong proponent of Dr. Carson, and immediately following the vote NAHB Chairman Granger MacDonald issued the following statement: “NAHB congratulates Dr. Ben Carson on becoming the nation’s 17th HUD secretary. Dr. Carson […]

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NAHB Urges Swift Confirmation of Carson as HUD Secretary

Filed in Capitol Hill, Codes and Regulations, Homeownership by on January 13, 2017 0 Comments

At his Senate confirmation hearing Jan. 12 to be secretary of the Department of Housing and Urban Development (HUD), Dr. Ben Carson laid out his vision for housing. NAHB was among the first groups to come out in support of Carson when he was nominated for the post by President-elect Trump last month. 2016 NAHB […]

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NAHB Opposes HUD’s New Flood Standard

Filed in Codes and Regulations, Environmental, Multifamily by on January 4, 2017 0 Comments

NAHB filed comments in opposition to HUD’s proposal to implement the Federal Flood Risk Management Standard, citing the threatened access to FHA mortgage insurance programs for single-family home buyers and multifamily builders.

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Comment Letters Needed for HUD’s Floodplain Management Proposal

Filed in Codes and Regulations, Environmental, Housing Finance by on December 15, 2016 0 Comments

NAHB is urging members and HBAs to voice your concerns with a new HUD floodplains management proposal that fundamentally threatens access to FHA mortgage insurance programs for single-family home buyers and multifamily builders.

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NAHB Congratulates Ben Carson on HUD Nomination

Filed in Capitol Hill by on December 5, 2016 0 Comments
NAHB Congratulates Ben Carson on HUD Nomination

Chair Ed Brady looks forward to working with Dr. Carson to promote pro-housing policies.

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