NAHB Now's Latest Posts
Bipartisan Low-Income Housing Tax Credit Legislation Introduced in House and Senate
The House and Senate today each introduced identical bipartisan bills supported by NAHB that will improve and strengthen the Low-Income Housing Tax Credit.
NAHB Senior Officers Bring a Housing Agenda to Capitol Hill
NAHB Chairman Chuck Fowke and First Vice Chairman Jerry Konter recently conducted virtual and in-person meetings with congressional leaders to urge them to keep housing in the forefront of the national agenda.
Minority Households Face Housing Affordability Challenges
New NAHB analysis on housing affordability based on race and ethnicity shows a wide disparity regarding the number of households that can afford a new median priced home.
Biden Seeks to Boost HUD Budget by 15%
President Biden announced his fiscal year 2022 budget today and it calls for a total of $68.7 billion for the Department of Housing and Urban Development, an increase of $9 billion, or 15%, over the 2021 enacted level.
Households View Housing as a Good Investment Versus Stocks
A recent study by the Federal Reserve Bank of New York found that most households view housing as a good investment in comparison to the stock market.
Buyers are Split on Multigenerational Homes
When it comes to the desire for a home designed to house the buyer as well as a younger generation and an older generation, home buyers are split down the middle.
Who are NAHB’s Builder Members?
NAHB’s recently published 2020 membership census reveals that the typical builder member today is a 57-year-old small business owner with a median number of five employees, a median five housing units started in 2020 and a median gross revenue of $2.6 million.
SBA Increases Loan Limits for COVID-19 EIDL Program
The Small Business Administration (SBA) has announced a policy change to help businesses weather the financial hardship brought on by the COVID-19 pandemic by significantly increasing loan limits up to 24 months of economic injury with a maximum loan amount of $500,000.
Residential Construction Employment Surpasses February 2020 Pre-Pandemic Level
Residential construction employment increased by 37,000 in March and has now surpassed the level in February 2020, before the COVID-19 pandemic led to massive job losses in construction and other sectors of the economy
Median Age of Housing Stock by State Varies by More Than 35 Years
The median age of owner-occupied homes in the United States is 39 years, but this figure varies dramatically when broken down state-by-state. On the farthest ends of the spectrum, New York has the oldest owner-occupied homes with a median age of 60 years while Nevada leads the newer owner-occupied housing stock at only 23 years.
