Advocacy

Top Canadian Official Tells NAHB Canada Seeks New Lumber Trade Deal

Filed in Advocacy, Housing Affordability, Material Costs by on July 22, 2021 1 Comment
Top Canadian Official Tells NAHB Canada Seeks New Lumber Trade Deal

Mary Ng, Canada’s top trade official, expressed a strong willingness and desire to engage in negotiations with the United States on a new softwood lumber trade agreement during a video conference meeting yesterday with NAHB CEO Jerry Howard and senior staff.

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Federal Reserve, FDIC and OCC to Develop Joint Community Reinvestment Act Rule

Filed in Advocacy, Housing Finance by on July 21, 2021 3 Comments
Federal Reserve, FDIC and OCC to Develop Joint Community Reinvestment Act Rule

The Federal Reserve Board, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of the Currency (OCC) have jointly announced that they will work together to modernize the regulations that implement the Community Reinvestment Act (CRA).

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How to Tackle Your Labor Needs with Temporary Worker Programs

Filed in Workforce Development by on July 21, 2021 0 Comments
How to Tackle Your Labor Needs with Temporary Worker Programs

As the construction industry continues to grapple with labor shortages, NAHB will host a webinar on Aug. 4 to provide insight on navigating the complex world of U.S. immigration law to help meet your labor needs.

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Led by OSB, Lumber Products Now Add Nearly $30K to the Price of a New Home, $92 to Rent

Led by OSB, Lumber Products Now Add Nearly $30K to the Price of a New Home, $92 to Rent

Changes in prices for softwood lumber products that occurred between April 17, 2020 and July 8, 2021 have added $29,833 to the price of an average new single-family home, and $9,990 to the market value of an average new multifamily home, according to NAHB’s latest estimates. The increase in multifamily value, in turn, translates to households paying $92 a month more to rent a new apartment.

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Wisconsin Builders Break Ground on Workforce Center

Filed in Membership, Workforce Development by on July 19, 2021 0 Comments
Wisconsin Builders Break Ground on Workforce Center

The Madison Area Builders Association participated in a groundbreaking ceremony for a new facility to train the next generation of construction industry professionals.

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At NAHB’s Urging, White House Holds Supply Chain Summit

At NAHB’s Urging, White House Holds Supply Chain Summit

NAHB’s tireless efforts to engage the White House to convene a home building materials supply chain summit to seek out solutions to end production bottlenecks that have resulted in soaring material prices has borne fruit.

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To Help Borrowers, FHFA Eliminates Adverse Market Refinance Fee

To Help Borrowers, FHFA Eliminates Adverse Market Refinance Fee

In a move to ease costs for borrowers who refinance, the Federal Housing Finance Agency (FHFA) announced today that Fannie Mae and Freddie Mac will eliminate the Adverse Market Refinance Fee for loan deliveries effective Aug. 1, 2021.

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OSB Prices Have Skyrocketed More than 500% Since January 2020

Filed in Advocacy, Housing Affordability, Material Costs by on July 15, 2021 0 Comments
OSB Prices Have Skyrocketed More than 500% Since January 2020

Framing lumber prices garnered more attention than any other building material over the past year as prices quadrupled between April 2020 and May 2021. But even as lumber prices decline, the spotlight on lumber continues to crowd out the story of meteoric price increases of another wood product integral to the integrity of a building’s structure — oriented strand board (OSB).

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Join NAHB this Summer for Webinars on Wednesdays

Join NAHB this Summer for Webinars on Wednesdays

NAHB Education hosts webinars on Wednesdays for members covering a wide range of important issues. This summer, hot topics like the labor shortage in construction, high-performance remodeling and much more will be covered.

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Fed Chairman Expresses Hope Building Material Bottlenecks will be Alleviated

Filed in Advocacy, Housing Affordability, Material Costs by on July 14, 2021 0 Comments
Fed Chairman Expresses Hope Building Material Bottlenecks will be Alleviated

Federal Reserve Chairman Jerome Powell expressed hope that building material bottlenecks that have raised housing costs will begin to ease during a hearing today before the House Financial Services Committee on monetary policy and the state of the economy.

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