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NAHB Joins With Key Lawmakers to Stand Up for Housing

Filed in Advocacy, Housing Affordability by on October 20, 2021 0 Comments
NAHB Joins With Key Lawmakers to Stand Up for Housing

NAHB Chairman Chuck Fowke today participated in an event on Capitol Hill with Senate Banking Committee Chairman Sherrod Brown (D-Ohio), House Financial Services Committee Chairwoman Maxine Waters (D-Calif.) and leaders of several other housing organizations to call on Congress to keep housing funding in the Build Back Better package.

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Action on Supply Chain Bottlenecks, Tariffs Needed to Boost Housing Affordability 

Filed in Advocacy, Housing Affordability, Material Costs by on October 20, 2021 1 Comment
Action on Supply Chain Bottlenecks, Tariffs Needed to Boost Housing Affordability 

NAHB today called on Congress and the Biden administration to help ease building material supply chain bottlenecks that are harming housing affordability by removing trade barriers and seeking solutions to port congestion and persistent delays in truck and rail transportation.

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Your Chance to Engage in the WOTUS Rulemaking

Filed in Advocacy, Environment, Membership by on October 19, 2021 0 Comments
Your Chance to Engage in the WOTUS Rulemaking

Individual builders and state and local home builders associations interested in participating in 10 regional roundtables hosted by the Environmental Protection Agency (EPA) that focus on future changes to the “waters of the United States” (WOTUS) rule should contact NAHB by Tuesday, Oct. 26.

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FHFA Announces Two Measures to Advance Housing Affordability

Filed in Advocacy, Housing Affordability, Housing Finance by on October 18, 2021 0 Comments
FHFA Announces Two Measures to Advance Housing Affordability

Over the coming months, Fannie Mae and Freddie Mac will expand certain eligibility requirements for their RefiNow and Refi Possible refinance programs aimed at assisting low-income borrowers. Additionally, they will be incorporating desktop appraisals into their selling guides for new purchase loans.

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FHFA lncreases Fannie Mae, Freddie Mac Multifamily Loan Purchase Caps for 2022

Filed in Multifamily by on October 13, 2021 0 Comments
FHFA lncreases Fannie Mae, Freddie Mac Multifamily Loan Purchase Caps for 2022

The Federal Housing Finance Agency (FHFA) today announced that the 2022 multifamily loan purchase caps for Fannie Mae and Freddie Mac will be $78 billion for each Enterprise, for a combined total of $156 billion to support the multifamily market.

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NAHB Calls on Biden to Act on Lumber and Supply Chain Bottlenecks

Filed in Advocacy, Housing Affordability, Material Costs by on October 7, 2021 8 Comments
NAHB Calls on Biden to Act on Lumber and Supply Chain Bottlenecks

With lumber price volatility continuing and supply chain bottlenecks for lumber and other building materials causing significant delays, NAHB is calling on the White House to take action.

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Property Tax Rates Vary Widely by State and Geography

Filed in Economics by on October 6, 2021 2 Comments
Property Tax Rates Vary Widely by State and Geography

There is a nearly $8,000 difference between what residents of the state with the highest property taxes pay compared to those who live in the state with the lowest annual tax bill. Generally, home owners who live in the Northeast pay more while those who reside in the South pay the least.

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ALL NAHB Members Who Have Received a PPP Loan Can Have Their Loan Forgiven

Filed in Advocacy, Disaster Response, Legal by on October 5, 2021 2 Comments
ALL NAHB Members Who Have Received a PPP Loan Can Have Their Loan Forgiven

It may sound too good to be true, but it isn’t: Thanks to NAHB’s recent legal victory, every NAHB member who has received a Paycheck Protection Program (PPP) loan can have their loan forgiven.

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Congress Averts Government Shutdown

Filed in Uncategorized by on September 30, 2021 2 Comments
Congress Averts Government Shutdown

The Senate and House today approved a stopgap spending bill that will avert an impending government shutdown by funding every federal government agency at current levels through Dec. 3. President Biden is expected to sign the measure into law later this evening. Absent congressional action, the government would have faced a shutdown on Oct. 1.

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NAHB Legal Win Means All PPP Loans to Members Can be Forgiven

Filed in Disaster Response, Legal by on September 30, 2021 4 Comments
NAHB Legal Win Means All PPP Loans to Members Can be Forgiven

In a case brought by NAHB and Michigan builders, a federal court ruled that all NAHB members who received PPP loans can have their loans forgiven regardless of SBA eligibility rules.

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