Tag: legislative

Terrorism Risk Insurance Extended for 7 Years

Filed in Capitol Hill, Multifamily by on January 7, 2020 0 Comments
Terrorism Risk Insurance Extended for 7 Years

In a win for multifamily developers, Congress approved an NAHB-supported provision that reauthorizes the Terrorism Risk Insurance Act (TRIA) for seven years through Dec. 31, 2027 as part of fiscal 2020 appropriations legislation that was approved at the end of the year.

Continue Reading »

A Look Back at Significant Wins in 2019

A Look Back at Significant Wins in 2019

NAHB achieved a number of significant victories in 2019 on a broad range of issues, including housing affordability, taxes, regulations and more.

Continue Reading »

Congress Revives Expired Tax Extenders, Makes Other Key Tax Changes

Filed in Capitol Hill, Sustainability & Green Building by on December 17, 2019 2 Comments
Congress Revives Expired Tax Extenders, Makes Other Key Tax Changes

Congress approves a package of tax changes that include a number of provisions sought by NAHB, including a series of temporary tax provisions known as “tax extenders.”

Continue Reading »

House Bill Prohibits Pre-Dispute Arbitration in Consumer Contracts

Filed in Business Management, Capitol Hill, Legal by on September 20, 2019 13 Comments
House Bill Prohibits Pre-Dispute Arbitration in Consumer Contracts

Acting against the strong objections of NAHB, the House today approved the Forced Arbitration Injustice Repeal Act (H.R. 1423), legislation that would prohibit two parties from including in a contract a pre-dispute arbitration agreement. NAHB strongly supports the use of alternative dispute resolution (ADR), including binding arbitration, in consumer contracts.

Continue Reading »

House Passes NAHB-Supported Appraiser Bill

Filed in Capitol Hill by on September 11, 2019 0 Comments
House Passes NAHB-Supported Appraiser Bill

The House yesterday passed NAHB-supported legislation that would allow state licensed appraisers to perform Federal Housing Administration (FHA) appraisals.

Continue Reading »

NAHB Continues to Push Back Against Rent Control

Filed in Affordability, Codes and Regulations, Multifamily by on September 6, 2019 3 Comments
NAHB Continues to Push Back Against Rent Control

Rent control legislation is being considered in California that will exacerbate housing shortages and drive up rents.

Continue Reading »

Trump Signs Bill Into Law that Abolishes VA Loan Limits

Trump Signs Bill Into Law that Abolishes VA Loan Limits

President Trump has signed a veterans health bill into law that also abolishes the conforming loan limits on VA loans beginning Jan. 1, 2020 for veterans who do not have an outstanding loan guaranteed by the Department of Veterans Affairs.

Continue Reading »

Bipartisan Codes Bill Promotes Affordability, Energy Savings

Bipartisan Codes Bill Promotes Affordability, Energy Savings

Reps. Kurt Schrader (D-Ore.), Bill Flores (R- Texas), Tom O’Halleran (D-Ariz.), Collin Peterson (D-Minn.) and Lou Correa (D-Calif. today introduced bipartisan legislation that would foster the development of energy efficiency baselines for buildings while ensuring that home builders and home owners are not burdened by unreasonable regulations.

Continue Reading »

Nearly 700 Members Shine a Spotlight on Housing Affordability in Hill Visits

Filed in Capitol Hill by on June 5, 2019 2 Comments
Nearly 700 Members Shine a Spotlight on Housing Affordability in Hill Visits

More than 650 NAHB members from across the nation converged on Capitol Hill today for NAHB’s 2019 Legislative Conference to urge their lawmakers to support policies that will increase the production of quality, affordable housing and keep the housing recovery moving forward.

Continue Reading »

House and Senate Introduce Bipartisan Bills to Improve Low-Income Housing Tax Credit

Filed in Capitol Hill, Housing Finance, Multifamily by on June 4, 2019 2 Comments
House and Senate Introduce Bipartisan Bills to Improve Low-Income Housing Tax Credit

After months of work by NAHB’s Housing Credit Group members, legislation has been introduced in the House and Senate to improve the Low-Income Housing Tax Credit, as well as provide it with additional resources.

Continue Reading »