Tag: legislative
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.
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.
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.”
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.
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.
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.
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.
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.
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.
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.
