Capitol Hill
Democrats Introduce Several Tax Bills Focusing on Affordable Housing
In the final days prior to the start of the traditional August congressional recess, Democrats in the House and Senate have put the spotlight on the affordable rental housing crisis by introducing a number of new bills.
National Flood Insurance Program Receives 4-Month Extension
The Senate voted today to approve House-passed legislation that will extend the National Flood Insurance Program (NFIP) until Nov. 30. Absent congressional action, the program would have expired at 11:59 p.m. tonight.
House Extends Flood Insurance Program Through Nov. 30
With a July 31 deadline looming, the House today approved a four-month extension of the National Flood Insurance Program (NFIP) until Nov. 30. It is anticipated that the Senate will approve a similar bill before the NFIP is set to expire on July 31.
Congress Reauthorizes Perkins CTE Act
The House and Senate this week voted to reauthorize the Carl D. Perkins Career and Technical Education (CTE) Act. Last reauthorized in 2006, the program provides grants to states to fund vocational programs for high school and college students.
NAHB Commends House Passage of Farm Bill
NAHB today commended the House of Representatives for passing the Agriculture and Nutrition Act of 2018 (HR 2), also known as the farm bill.
OMB Calls for Major Overhaul of Federal Programs
The Office of Management and Budget delivered recommendations today to consolidate Cabinet agencies and to reorganize major federal programs as part of a sweeping overhaul to streamline the government.
Builders Discuss Rising Lumber Prices with Commerce Secretary Ross
NAHB Chairman Randy Noel, CEO Jerry Howard and senior staff met today with Commerce Secretary Wilbur Ross to discuss the growing problem of escalating lumber prices that are being exacerbated by tariffs on Canadian lumber imports into the U.S.
More than 170 Lawmakers Take a Stand for Homeownership
At the behest of NAHB, 171 members of Congress this week sent a joint letter to the Trump administration calling on the U.S. to resume talks with Canada to negotiate a new softwood lumber trade agreement.
Senate Panel Approves $1.8 Billion Budget Increase for HUD
The Senate Appropriations Committee has unanimously approved $44.5 billion for HUD in fiscal 2019, which is $900 million more than the House legislation and $1.8 billion above the fiscal 2018 enacted level. The following are fiscal 2019 funding levels approved by the Senate panel for key HUD programs: The HOME program received $1.4 billion for […]
New Democrat Coalition Calls for Building Millions More Housing Units
The New Democrat Coalition, a group of moderate House Democrats, has released a white paper seeking to find a solution to chronic problems facing the housing industry.
The report, entitled “Missing Millions of Homes,” says its goal is clear: “We need to build millions of more housing units.”