To: National Area Chairs, State Representatives, State and
Local HBA Presidents, HBA Executive Officers, Senior
Life Directors, Life Directors, and SpikesFrom: Public Affairs Committee Chair Ann Garvey
and Membership Committee Chair Sherry Schwab
House Passes Bill that Would Prevent EPA Regulatory Land Grab
The U.S. House of Representatives recently passed legislation that would prevent the Environmental Protection Agency and the U.S. Army Corps of Engineers from vastly increasing federal jurisdiction over the nation’s waterways and wetlands. H.R. 1732, the Regulatory Integrity Protection Act, would require EPA and the Corps to withdraw their proposed rule and develop a new plan in consultation with state and local governments and other stakeholders. NAHB is urging the Senate to pass companion legislation.
Building Codes Changes Threaten Log Home Industry
Building codes – and energy codes in particular – have changed dramatically as code officials have ratcheted up requirements. Some of those changes are potentially harmful to the log home building industry. Read more about insulation requirements and other codes changes that could create big problems for the log home industry.
Valuable Discount Programs Save Members $12 Million
NAHB affinity programs saved members roughly $12 million last year. Take advantage of savings opportunities from many top companies, including GM, Lowe’s, Office Depot, Hewlett Packard, FTD, UPS, and more than a dozen other great brands.
New Settlement Procedures Are a Big Deal; Learn the Rules
As reported in the Envoy Update last month, a new rule from the Consumer Financial Protection Bureau that takes effect on Aug. 1 requires that a closing disclosure must be provided to the consumer a full three days prior to closing. NAHB has created an FAQ to help housing industry professionals negotiate the new rules and avoid unnecessary closing delays.
Bill in U.S. House Would Amend Onerous Lead Paint Rules
Newly introduced legislation in the U.S. House would make much-needed improvements to EPA’s Lead: Renovation, Repair and Painting (LRRP) rule. The bipartisan bill, the Lead Exposure Reduction Amendments Act of 2015 (H.R. 2328), would reinstate the opt-out provision to allow home owners without small children or pregnant women residing in the home to decide whether to require LRRP compliance, allow remodelers to correct paperwork errors without facing full penalties, provide an exemption for emergency renovations, and fix burdensome training requirements.
Spring Membership Drive Ends May 31
With the May 31 deadline for the Spring Membership Drive fast approaching, NAHB recruiters are being urged to redouble their efforts on behalf of NAHB and their local association. Almost 400 local associations are participating in the drive, and the top five winners in each of NAHB’s six size groups will be awarded between $2,500 and $500. Recruiters earn double Spike credits if their local HBA participates in one recruitment drive this year and triple Spike credits if their HBA participates in both the 2015 Spring and Fall Membership drives.
This is members-only content; you must be logged in to nahb.org to access the information.
Rising house prices in the face of a falling homeownership rate are a show of strength for the U.S. housing market, according to Pierre Lapointe, Pavilion Global Markets Ltd.’s head of global strategy and research.
A San Francisco household would need to make $39.65 an hour to afford the market rent for a two-bedroom apartment, according to a new report that highlights a wide gap between stagnant incomes and rising rents in many parts of the country.
Since it was unveiled a week ago, most of the focus in Senate Banking Committee Chairman Richard Shelby’s draft of regulatory relief legislation has been on how it would ease the burden for small institutions and make changes to the Dodd-Frank Act. (Subscription may be required.)
Democrats on the Senate Banking Committee unveiled legislation Tuesday to rival a plan by the panel’s GOP chairman, signaling that the partisan divide over regulatory reform isn’t likely to soften ahead of a panel markup later this week. (Subscription may be required.)
Less than five years after the Dodd-Frank Act was signed into law, legislators on Capitol Hill are threatening to roll back significant portions of critical financial reforms. (Subscription may be required.)
Today’s low mortgage rates could spike up almost a full percentage point if shareholders in finance-giants Fannie Mae and Freddie Mac get their way and the companies are released from federal control, according to new research from two prominent housing-market experts.
More than 100 advocates representing dozens of industry groups, companies and environmental organizations are flocking to the White House in a last-ditch effort to influence controversial regulations that would redefine the reach of the federal government’s water pollution enforcement.
The Obama administration is expected in the coming days to announce a major clean water regulation that would restore the federal government’s authority to limit pollution in the nation’s rivers, lakes, streams and wetlands.
The multifamily lending market is heating up as apartment owners and investors refinance in a rush to lock in low interest rates. But caps on government-backed lending programs are threatening to disrupt momentum. (Subscription may be required.)
Developer Mark Randall cut his teeth over the last few decades building apartments for Atlanta’s middle-class with properties such as Alta Ridgewalk, a complex of low-rise buildings clustered around a swimming pool in suburban Atlanta. (Subscription may be required.)