I have a friend who lives in California, and I remember when he moved out there how stunned I was by the costs for real estate. This was 20 or more years ago and even back then the best you could do for around $500,000 was a very small, major fixer upper. About three to […]

The U.S. Department of Housing and Urban Development (HUD) recently announced that it will make $221 million available in competitive funding for affordable housing and community development projects for low-to-moderate income persons in American Indian and Alaska Native communities. “The Biden-Harris Administration has made unprecedented investments in Tribal communities,” said secretary Marcia L. Fudge. “This […]

The U.S. Department of the Treasury announced new guidance this week to increase the ability of state, local, and tribal governments to use American Rescue Plan (ARP) funds to boost the supply of affordable housing in their communities. A Department of Treasury press release says the step follows a commitment in the Administration’s recently released […]

At a Senate Finance Committee hearing last week regarding the role of tax incentives in affordable housing, the National Association of Home Builders (NAHB) told Congress that the housing affordability crisis is far-reaching and will require action on several fronts, not just the tax arena. “The housing affordability crisis is the result of failing to […]

The trend toward energy efficiency continues to sweep the country as represented by the growth over the past year of energy-efficient (EE) jobs by 3.4%, almost half of America’s entire job growth rate, according to a report by E2. And the construction industry is the sector leading the pack. “Green builders” account for more than […]

Four out of five American households believe the nation is suffering a housing affordability crisis and at least 75% report this is a problem at the state and local level as well, according to a new nationwide survey conducted by Morning Consult on behalf of the National Association of Home Builders (NAHB). “Housing affordability is […]

According to The Urban Land Institute (ULI), homebuilders once catered to the middle-class, but new evidence points to a lack of nonsubsidized, attainable homes for America’s largest demographic. The ULI Terwilliger Center for Housing recently released a report titled “Attainable Housing: Challenges, Perceptions and Solutions,” which includes an assessment of the housing market, barriers homebuilders […]

As homebuilders continue to face challenges when it comes to labor shortages, lot prices and increasing costs for materials, officials from the National Association of Home Builders (NAHB) say they’re also seeing decreases in single-family sales. In the meantime, a survey of NAHB members indicates that builders are packing up and moving to the exurbs, […]

June is National Homeownership Month, and officials for the National Association of Home Builders (NAHB) say its members are urging Congress to address one of American’s biggest deterrents from celebrating: affordability. “Removing regulatory barriers that contribute to the increased costs of housing will pave the way to homeownership,” says NAHB chairman Greg Ugalde, a builder […]

In a move that could boost sales for some door and window companies in the region, residential building in Atlanta received a boon last week when Atlanta Mayor Keisha Lance Bottoms announced a partnership with Atlanta Housing and Invest Atlanta to provide $60 million in new spending for affordable housing projects. The new funds were […]