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House Votes to Delay Overtime Rule; More Comprehensive Relief Needed

Posted by on Sep 29, 2016 in News

House Votes to Delay Overtime Rule; More Comprehensive Relief Needed Filed in Capitol Hill, Codes and Regulations, Labor, Safety and Health by NAHB Now on September 29, 2016 • The U.S. House of Representatives on Sept. 28 voted to delay the Department of Labor’s (DOL) controversial overtime rule by six months. The Regulatory Relief for Small Businesses, Schools and Nonprofits Act (H.R. 6904) would push the effective date of the overtime rule from Dec. 1, 2016, to June 1,...

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FHA Proposes New Condo Approval Rules

Posted by on Sep 28, 2016 in News

FHA Proposes New Condo Approval Rules Filed in Codes and Regulations, Housing Finance by NAHB Now on September 28, 2016 • The Federal Housing Administration (FHA) is proposing a new rule for condominium developments that the agency says is intended to be more flexible, less prescriptive and more reflective of market conditions. The agency is proposing to reinstate spot approvals in unapproved condominium developments and require condo projects to recertify their approval...

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White House Releases Housing Development Toolkit

Posted by on Sep 27, 2016 in News

White House Releases Housing Development Toolkit Filed in Capitol Hill, Construction Industry, Home Building, Land Development by NAHBNow on September 27, 2016 • The White House, on Monday, released a Housing Development Toolkit, which highlights regulatory barriers to housing development and outlines tools and strategies that local governments can use to diminish the impact they have on housing production and affordability. The President’s FY2017 HUD budget includes a $300...

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NAHB Commends Sen. Wyden’s New Middle-Income Housing Tax Credit

Posted by on Sep 23, 2016 in News

NAHB Commends Sen. Wyden’s New Middle-Income Housing Tax Credit Filed in Capitol Hill, Multifamily by NAHB Now on September 22, 2016 • NAHB today commended Sen. Ron Wyden (D-Ore.) for introducing the Middle-Income Housing Tax Credit Act of 2016. The legislation builds on the successful Low-Income Housing Tax Credit by creating a new tax credit to spur the development of rental homes affordable to Americans with moderate incomes. The new Middle-Income Housing Tax Credit...

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NAHB, Business Groups Sue to Block Overtime Rule

Posted by on Sep 21, 2016 in News

NAHB, Business Groups Sue to Block Overtime Rule Filed in Capitol Hill, Labor, Safety and Health, Legal by NAHB Now on September 21, 2016 • NAHB and a coalition of more than 55 Texas and national business groups have filed a lawsuit against the U.S. Department of Labor (DOL) seeking to halt its federal overtime rule set to take effect Dec. 1. Earlier this year, the DOL issued the rule, which will double the current overtime salary limit of $23,660 to $47,476. It also allows...

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