Housing Affordability

Bipartisan Low-Income Housing Tax Credit Legislation Introduced in House and Senate

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.

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NAHB Senior Officers Bring a Housing Agenda to Capitol Hill

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.

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Minority Households Face Housing Affordability Challenges

Filed in Economics, Housing Affordability, Trends by on April 13, 2021 0 Comments
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.

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Interest Rates Moving Higher, but Home Buyer Traffic Remains Strong

Filed in Economics, Housing Affordability, Remodeling by on April 2, 2021 1 Comment
Interest Rates Moving Higher, but Home Buyer Traffic Remains Strong

The 10-year Treasury rate temporarily increased above 1.75% this week — reaching a 14-month high. This is well ahead of forecast and will push interest rates above 3.3% for the average 30-year fixed rate mortgage.

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FEMA’s Risk Rating 2.0 Framework Will Alter Flood Insurance Rates

Filed in Advocacy, Environment, Housing Affordability by on April 1, 2021 4 Comments
FEMA’s Risk Rating 2.0 Framework Will Alter Flood Insurance Rates

The Federal Emergency Management Agency (FEMA) today released new details outlining the implementation of Risk Rating 2.0, an initiative to transform the National Flood Insurance Program program to make it more consumer friendly and better reflect the actual risks properties face.

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Biden’s $2 Trillion infrastructure Plan Proposes More than $200 Billion for Housing, Commercial Buildings

Filed in Advocacy, Housing Affordability by on March 31, 2021 39 Comments
Biden’s $2 Trillion infrastructure Plan Proposes More than $200 Billion for Housing, Commercial Buildings

President Biden today unveiled a $2 trillion transportation and infrastructure package that includes more than $200 billion for housing to build, preserve and retrofit more than 2 million homes and commercial buildings.

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NAHB is Bringing Housing Home May 3-7

NAHB is Bringing Housing Home May 3-7

NAHB is Bringing Housing Home® May 3-7 and this is your chance to make a house call on your member of Congress. The week-long Legislative Conference will give individual members and HBA delegations the opportunity to advocate for housing’s legislative priorities at in-district meetings with their members of Congress.

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Mixed-Income Community in Tennessee Sets a High Standard for Redeveloping Distressed Public Housing

Filed in Awards, Housing Affordability, Multifamily by on March 26, 2021 2 Comments
Mixed-Income Community in Tennessee Sets a High Standard for Redeveloping Distressed Public Housing

One project that has taken providing affordable housing options to the next level is this year’s Multifamily Pillars of the Industry Awards Community of the Year, Kirkpatrick Park.

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Recent Rise in Interest Rates Has Priced Out More Than 1.3 Million Households

Filed in Economics, Housing Affordability, Trends by on March 23, 2021 3 Comments
Recent Rise in Interest Rates Has Priced Out More Than 1.3 Million Households

The recent rise in mortgage interest rates during the past two months has priced more than 1.3 million households out of the market for a median priced home, according to analysis by NAHB.

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Market-Driven Solutions Will Keep Homes Resilient and Affordable

Market-Driven Solutions Will Keep Homes Resilient and Affordable

NAHB today urged Congress to factor in housing affordability when seeking solutions to build more resilient communities that can withstand and recover from natural disasters.

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