Builder confidence edges higher despite rising rate concerns
Low existing inventory that is keeping demand solid for new homes helped to push builder confidence up in July even as the industry continues to grapple with rising mortgage rates, elevated construction costs and...
PHFA issues RFP for local groups to request funding for housing initiatives
The Pennsylvania Housing Finance Agency is issuing a Request for Proposals soliciting applications from organizations for projects to improve the availability and affordability of housing across the commonwealth. Funding for this RFP is being...
HUD tells public housing authorities and private owners to protect residents from carbon monoxide
In an effort to protect families living in federally subsidized housing from potentially deadly carbon monoxide (CO), the U.S. Department of Housing and Urban Development (HUD) today sent all public housing authorities and private...
BizFed earthquake preparedness seminars to focus on creating a safer Los Angeles County
A series of earthquake preparedness seminars focused on creating a safer Los Angeles County has been announced by the Los Angeles County Business Federation (BizFed).
In the aftermath of this summer's 7.1 earthquake in Ridgecrest and...
Construction materials prices flat in May
The Bureau of Labor Statistics (BLS) released its producer price index report for May 2020. It showed that overall prices for processed goods for intermediate demand rose by 0.1 percent, breaking a string of...
Senior living community reputations succeed or fail based on quality of their staff, J.D....
The key to winning the hearts and minds of senior living community residents and their families is ensuring the facility has a great staff that communicates clearly, knows personal details about residents and makes...
HUD strengthens standards and aligns inspection regulations for HUD assisted housing
The U.S. Department of Housing and Urban Development (HUD) published the Final Rule for the National Standards for the Physical Inspection of Real Estate (NSPIRE) in the Federal Register. The rule proposes a new...
Fannie Mae launches rent payment reporting program to help renters build credit
Fannie Mae announced the launch of its Multifamily Positive Rent Payment Reporting pilot program, aimed at helping renters build their credit history and improve their credit score. Beginning September 27, 2022, eligible multifamily property owners can share...
Lack of existing inventory boosts builder confidence to key marker
Limited existing inventory, which has put a renewed emphasis on new construction, resulted in a solid gain for builder confidence in May even as the industry continues to face several challenges, including building material...
Low inventory leads to solid gains in new home sales
Fueled by strong demand, low existing inventory and buyers' anticipation of future higher mortgage rates, new home sales posted a solid gain last month. Sales of newly built, single-family homes in September rose 14 percent to an...
Increasing housing supply critical for Fed’s fight on inflation
With shelter inflation accounting for a staggering 90 percent of the overall inflation rate last month, the National Association of Home Builders (NAHB) is calling on policymakers at all levels of government to take...
Builder confidence down on rising material prices, upsurge in COVID-19 cases
Rising material costs led by a huge upsurge in lumber prices along with a resurgence of the coronavirus across much of the nation pushed builder confidence in the market for newly built single-family homes down three points...
Broad coalition of housing providers and lending associations warns FHFA against rent control
Eighteen associations representing housing providers, lenders and residents today sent a letter to Federal Housing Finance Agency (FHFA) Director Sandra Thompson warning that mandatory rent control and rent stabilization policies will increase rents, reduce...
ULI Foundation announces $1 million gift to launch effort to decarbonize cities
The Urban Land Institute (ULI), a global research and education organization focused on shaping the future of the built environment for transformative impact in communities worldwide, has received a major gift that will support...
HUD makes record $2.3 billion available to support thousands of local homeless programs
In a continuing effort to prevent and end homelessness, the U.S. Department of Housing and Urban Development (HUD) today is making a record $2.3 billion available to support thousands of local homeless assistance programs...
