Multifamily
Single- and Multifamily Permits Post Gains Across the U.S.
The total number of single-family permits issued year-to-date nationwide reached 276,110 in March, up 25.3% over the March 2020 level of 220,416, with gains across the nation. In addition, multifamily permits were also robust in March compared to last year, with all four regions of the country showing double digit percentage gains.
At NAHB’s Urging, Treasury Dept. Releases $21.6 Billion in Emergency Rental Assistance
Earlier this week, NAHB Senior Officers met with HUD Secretary Marcia Fudge to urge the expedited release of billions of dollars of emergency rental assistance and the same request was made to the White House two weeks ago. Today, the Treasury Department announced it is releasing $21.6 billion funding for the second tranche of the Emergency Rental Assistance Program (ERAP). Treasury released its first $25 billion in rental assistance earlier this year.
FHFA Seeks Input on Eligibility Requirements for Short-Term Rental Units
The Federal Housing Finance Agency (FHFA) yesterday issued a Request for Input on Fannie Mae and Freddie Mac’s eligibility requirements for mortgages in condominium, cooperative, and planned unit development projects where a large portion of units are offered for short-term rental (30 days or less) or are used primarily for the purpose of vacation or recreational lodging.
Alabama Association of Realtors Successfully Challenges the Federal Eviction Moratorium
Yesterday, yet another court held that the Centers for Disease Control and Prevention (CDC) exceeded its authority by issuing a nationwide eviction moratorium in September 2020 and extending it until June 30, 2021.
How to Incorporate Health and Wellness into Multifamily Design
NAHB’s upcoming webinar, “Wellness Wanted: Designing Healthy Multifamily Projects for Today’s Renters,” on Wednesday, May 26, at 2 p.m. ET, will explore how physical, mental and emotional well-being are coming into play in the multifamily arena.
Innovative Affordable Community Incorporates Energy-Efficient Features and Playful Design
This newly constructed eight-story, mixed-use building offers 30 units of affordable rental housing and an early childhood educational facility.
Multifamily Permits Increase in February
Multifamily permits were robust across the country in February compared to last year, from a large gain in the West (22%) to a modest 5.4% increase in the Midwest.
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.
Podcast: NAHB’s Legal Victory on Federal Overreach of CDC’s Eviction Moratorium
On the latest episode of the Housing Developments podcast, NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss the recent legal victory in the federal overreach of the Centers for Disease Control eviction moratorium and what this means for NAHB members.
CDC Extends Eviction Moratorium Through June 30; Order Should Not Apply to NAHB Members
The Centers for Disease Control and Prevention (CDC) today modified and extended its eviction moratorium order until June 30, 2021. Due to a previous court ruling in which NAHB took part, this order should not apply to NAHB members, though non-members will need to comply with the CDC order. However, all parties – NAHB members and non-members – must still comply with any state or local eviction moratoriums that remain in effect.
