Multifamily
Zoning Restrictions Present Major Obstacles to Housing Affordability
Boston has seen notable growth in recent years, but it has been unable to keep up with housing demand. A new report, “The State of Zoning for Multi-Family Housing In Greater Boston,” illustrates the effects zoning restrictions can have on housing affordability in a major metropolitan area.
Rent Control Legislation Heats Up Amid Affordability Concerns
Rents for apartments and single-family homes are rising nearly as fast as home prices. As already high rents climb higher, frustrated renters may move further away from employment centers or look for smaller apartments. Exacerbating the issue is increased legislative interest in rent control — which often creates more challenges, including reduced supply of available units and reduced income to states and municipalities because of slowed or halted development.
Boomers Cite Durable Materials Among Most-Wanted Home Features
As of 2019, the entire baby boomer generation is now officially 55 years old and up. What do these 75 million consumers in a strong 55+ housing market want in their homes for their ‘golden years’?
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.
NAHB Receives $110,000 Grant from HUD
NAHB has received a $110,000 grant from the U.S. Department of Housing and Urban Development (HUD) to fight housing discrimination.
Key Energy-Efficient Features for Today’s Boomer Buyer
Baby boomers moving into communities desire energy-efficient features, especially windows and appliances, and in addition, 84% of potential homebuyers recently surveyed favor whole-home energy certification. See the key strategies Christopher Companies uses to address these desires in its The Crest of Alexandria development.
Confidence in Apartment and Condo Housing Sectors Weakens in First Quarter 2019
Confidence in the market for new multifamily housing weakened in the first quarter of 2019, according to results from the Multifamily Market Survey released today by NAHB.
What You Need to Know About IRS’ Updated Opportunity Zone Regulations
In April, the Treasury Department and IRS released a second set of proposed regulations related to the new opportunity zones tax incentive. NAHB has updated its resource page with a new FAQ outlining key points included in both sets of draft regulations.
FHA Significantly Cuts Costs for Opportunity Zone Investors
The Federal Housing Administration (FHA) announced today that it is reducing fees to provide greater incentives for multifamily developers to invest in Opportunity Zones across the nation.
NAHB Mourns Multifamily Leader Dan Markson
Dan Markson, dedicated member from San Antonio and leader in the development of affordable housing, passed away May 4.