Biden's Proposed Fixes for Housing Affordability
In his State of the Union address, President Biden proposed several actions to improve housing affordability and supply
NAHB Advocacy Efforts and Outcomes
NAHB Policy Briefing: Advocacy efforts by the National Association of Home Builders are making a difference; analysis of 2021 American Housing Survey data
Democratic Senators Urge Federal Reserve to Cut Interest Rates in 2024
A group of Democratic senators is urging the Fed to do more and better on interest rates to ease the burden on American households struggling to afford housing
Several Provisions of Proposed $78B Tax Package Should Interest Home Builders
The bipartisan bill includes tax breaks for businesses, but with the 2023 tax filing season due to start on Jan. 29, it remains to be seen whether the bill will pass in time
The Link Between Land-Use Reforms and Housing Development
Minneapolis has managed to increase housing supply while keeping rents in check. The key? New land-use regulations and policies to encourage housing construction
New Law Streamlines San Francisco's Approval Process for Housing
The Constraints Reduction Legislation aims to speed up the permitting process for the construction of much-needed housing in the city
Government + Policy
Several Provisions of Proposed $78B Tax Package Should Interest Home Builders
The bipartisan bill includes tax breaks for businesses, but with the 2023 tax filing season due to start on Jan. 29, it remains to be seen whether the bill will pass in time
Zoning
The Link Between Land-Use Reforms and Housing Development
Minneapolis has managed to increase housing supply while keeping rents in check. The key? New land-use regulations and policies to encourage housing construction
Government + Policy
New Law Streamlines San Francisco's Approval Process for Housing
The Constraints Reduction Legislation aims to speed up the permitting process for the construction of much-needed housing in the city
Women in Construction
Tradeswomen and White House Representatives Meet About Women in Construction
The Dec. 6 meeting with representatives from the Biden-Harris administration sought to find ways to help women enter and succeed in the construction industry
Government + Policy
House and Senate Bills Aim to Curb Corporate Involvement in Single-Family Housing
Two separate bills were recently introduced in Congress: one would prevent hedge funds from owning single-family homes, the other would impose fees on corporate owners
Affordability
Maryland Announces $400M Housing Bond to Support Affordable Homeownership
The Maryland Department of Housing and Community Development's recent mortgage revenue bond is the largest in the agency's history
Government + Policy
White House Supports Commercial-to-Residential Conversions
The Biden administration has announced new plans to fast-track turning vacant commercial buildings into affordable housing
Economics
Pandemic Era Spurs 37% Jump in US Household Median Net Worth
The average American family saw a significant boost in household net worth during the pandemic due to government support and a rebounding economy
Housing Policy + Finance
FHA Eases Mortgage Qualifications by Allowing Rental Income From ADUs
The Federal Housing Administration now allows buyers to include rental income from accessory dwelling units in their mortgage applications
Government + Policy
White House Announces Initiatives to Boost Homeownership
The federal government recently announced a series of new housing policies aimed at creating more affordable pathways to homeownership