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House Tax-Writing Panel to Consider Tax Extenders Legislation
On June 20, the House Ways and Means Committee will mark up H.R. 3301, the Taxpayer Certainty and Disaster Tax Relief Act of 2019. This legislation would retroactively reinstate and extend many key housing tax provisions through Dec. 31, 2020.
NAHB Commends White House Efforts to Expand Health Care Options for Businesses
President Trump announced the administration has finalized a rule to expand the use of health reimbursement arrangements (HRAs), which are important tools that allow small businesses to help their workers defray the high cost of insurance premiums.
A Top Barrier to Homeownership May Be Easing
A recent Eye on Housing blog post revealed that 53% of buyers actively searching for a home to buy in the first quarter of 2019 have been looking unsuccessfully for at least three months. View the top reasons why is it taking these buyers so long to pull the trigger.
Unfilled Construction Jobs at Post-Recession High
The estimated number of job openings in the construction sector increased to 404,000 in April, a post-Great Recession high, according to the latest figures from the Bureau of Labor Statistics Job Openings and Labor Turnover Survey.
House Panel Approves Long-Term Flood Insurance Reauthorization
The House Financial Services Committee voted today to advance NAHB-supported bipartisan legislation that would reauthorize the National Flood Insurance Program for five years through Sept. 30, 2024.
Drone Use is Riding High Among Builders
Nearly half of builders continue to use aerial drones, according to a March survey conducted by NAHB. Overall, 44% of builders reported using drones in 2019, little changed from the 46% in 2018, but considerably higher than the 22% who reported using drones the first time NAHB asked the question in 2016.
In a Win for NAHB, House Leaders Agree on Long-Term Flood Insurance Deal
In an important victory for NAHB, House Financial Services Committee Chair Maxine Waters (D-Calif.) and Ranking Member Patrick McHenry have reached an agreement on a five-year reauthorization of the National Flood Insurance Program (NFIP) through Sept. 30, 2024.
House-Passed Bill Would Help Keep a Bad Labor Situation from Worsening
The House today approved legislation that would provide permanent legal status to more than 100,000 workers in the construction industry holding Temporary Protected Status (TPS) or participating in the Deferred Action for Childhood Arrivals (DACA) program.
Nearly 700 Members Shine a Spotlight on Housing Affordability in Hill Visits
More than 650 NAHB members from across the nation converged on Capitol Hill today for NAHB’s 2019 Legislative Conference to urge their lawmakers to support policies that will increase the production of quality, affordable housing and keep the housing recovery moving forward.
House and Senate Introduce Bipartisan Bills to Improve Low-Income Housing Tax Credit
After months of work by NAHB’s Housing Credit Group members, legislation has been introduced in the House and Senate to improve the Low-Income Housing Tax Credit, as well as provide it with additional resources.