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NAHB Tells HUD to Prioritize Housing Affordability

NAHB Tells HUD to Prioritize Housing Affordability

On June 21, NAHB CEO Jerry Howard met with Lopa Kolluri, HUD’s Principle Deputy Assistant Secretary for the Office of Housing-Federal Housing Administration, and her leadership team to discuss housing affordability concerns.

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U.S. Supreme Court Embraces Property Owner’s Right to Exclude

Filed in Legal by on June 23, 2021 2 Comments
U.S. Supreme Court Embraces Property Owner’s Right to Exclude

The Supreme Court rules that a “central importance” of property ownership is the “right to exclude” others.¬†

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Biden Replaces FHFA Director Following Supreme Court Ruling

Filed in Advocacy, Housing Finance by on June 23, 2021 1 Comment
Biden Replaces FHFA Director Following Supreme Court Ruling

President Biden moved quickly to replace Federal Housing Finance Agency (FHFA) Director Mark Calabria after the U.S. Supreme Court ruled today that the FHFA director can be removed at will. This evening he named Sandra  L. Thompson as Acting Director of FHFA.

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The Top Kitchen and Bath Features that Buyers Crave

Filed in Design, Economics, Trends by on June 22, 2021 1 Comment
The Top Kitchen and Bath Features that Buyers Crave

NAHB’s recent study, What Home Buyers Really Want, 2021 Edition, reveals the key kitchen and bathroom amenities that home buyers cannot live without.

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FHA Acts to Remove Homeownership Barriers for Those With Student Loan Debt

Filed in Advocacy, Housing Finance by on June 18, 2021 0 Comments
FHA Acts to Remove Homeownership Barriers for Those With Student Loan Debt

At NAHB’s urging, the Federal Housing Administration (FHA) today announced updates to its student loan monthly payment calculations to take steps to remove barriers and provide more access to affordable single-family FHA-insured mortgage financing for creditworthy individuals with student loan debt.

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EPA Seeks to Revise Definition of Waters of the U.S.

Filed in Advocacy, Environment by on June 10, 2021 8 Comments
EPA Seeks to Revise Definition of Waters of the U.S.

The Environmental Protection Agency and Department of the Army have announced their intent to revise the definition of “waters of the United States” (WOTUS). EPA Administrator Michael Regan says that the Navigable Waters Protection Rule enacted during the Trump administration to define WOTUS “is leading to significant environmental degradation.”

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HUD Moves to Reinstate Affirmatively Furthering Fair Housing Rule

Filed in Multifamily by on June 9, 2021 1 Comment
HUD Moves to Reinstate Affirmatively Furthering Fair Housing Rule

HUD will formally propose a revised version of the Obama-era Affirmatively Furthering Fair Housing (AFFH) rule and seek to have the rule officially go into effect on July 31, 2021.

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Building Costs Skyrocket Over the Past 12 Months

Filed in Advocacy, Housing Affordability, Material Costs by on June 4, 2021
Building Costs Skyrocket Over the Past 12 Months

Building material costs have soared 26.1% on average over the past 12 months, according to a recent survey of single-family builders asking how much costs have increased for the same house over the last year.

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Judge Affirms NAHB Members Exempt from CDC Eviction Moratorium; Other Landlords Are Not

Filed in Disaster Response, Legal, Multifamily by on June 4, 2021 0 Comments
Judge Affirms NAHB Members Exempt from CDC Eviction Moratorium; Other Landlords Are Not

A federal judge has reaffirmed that members of NAHB are exempt from the nationwide eviction moratorium imposed by the Centers for Disease and Control Prevention (CDC), but ruled that the exemption only applied to the plaintiffs in the case (including NAHB members) and not to all landlords nationwide.

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FHFA Extends COVID-19 Multifamily Forbearance Through Sept. 30, 2021

FHFA Extends COVID-19 Multifamily Forbearance Through Sept. 30, 2021

The Federal Housing Finance Agency announced today that Fannie Mae and Freddie Mac will continue to offer COVID-19 forbearance to qualifying multifamily property owners through Sept. 30, 2021, subject to the continued tenant protections FHFA has imposed during the pandemic. The programs were set to expire June 30.

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