NMHC and NAA statement on the extension of the CDC Eviction Moratorium
The National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) are deeply disappointed with the extension of the Center for Disease Control (CDC)’s eviction moratorium.
After grappling with the financial distress of the...
The Home Depot Foundation partners with Home Builders Institute to expand trades training program...
As part of its effort to fill the growing skilled labor gap in the United States, The Home Depot Foundation announced it is partnering with the Home Builders Institute (HBI) to launch a youth...
Commerce Secretary pledges full support of Biden administration to resolve lumber issue
Commerce Secretary Gina Raimondo today during a meeting with the National Association of Home Builders' (NAHB) senior officer team acknowledged the depth of the lumber price crisis and its effects on the residential construction industry, home buyers...
November new home sales up as interest rates fall back
While new home sales received a slight bounce in November from moderating mortgage rates, the housing market continues to struggle because of ongoing supply chain disruptions, elevated construction costs and challenging affordability conditions.
Sales of...
HUD approves US Virgin Islands’ $243 million disaster recovery plan
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced he is approving a disaster recovery plan to help citizens in the U.S. Virgin Islands to recover from Hurricanes Irma and...
Apartment industry calls on Congress to provide additional support to residents, rental owners and...
The National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) appreciate Congress and the Administration’s quick action on the Coronavirus Aid, and Economic Security Act, (CARES Act). While many of its provisions...
HUD awards nearly $40 million in housing counseling grants
The U.S. Department of Housing and Urban Development (HUD) awarded nearly $40 million in housing counseling grants to help over one million individuals and families access HUD-approved housing counseling to help them avoid foreclosure...
Apartment industry issues principles to work with residents as eviction moratorium set to end
With trillions of dollars in economic aid circulating in the economy, widespread vaccine availability and encouraging jobs numbers, the country has turned the corner on COVID-19.
At the onset of COVID-19, the National Multifamily Housing...
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...
Housing group sues Huntington Beach
Californians for Homeownership, a nonprofit organization sponsored by the California Association of Realtors (CAR) that aims to address California's housing crisis through impact litigation, today announced that it has filed a lawsuit against the City...
Market conditions begin to improve, though costs and delays remain significant
The March edition of the NMHC Quarterly Survey of Apartment Construction & Development Activity once again found small improvements in terms of more limited price increases, slightly fewer construction delays and some easing in...
Multifamily builder and developer confidence improved in second quarter
Confidence in the market for new multifamily housing increased in the second quarter, however, it still remains in negative territory, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders...
HUD and John Marshall Law School team up to launch National Fair Housing Training...
The U.S. Department of Housing and Urban Development (HUD) announced today that it is partnering with the John Marshall Law School in Chicago and Cloudburst Consulting Group, Inc., to develop the National Fair Housing...
January quarterly survey indicates apartment conditions mixed
Certain market conditions are loosening, according to the NMHC Quarterly Survey of Apartment Market Conditions, conducted in January 2020. The Sales Volume Index slipped further below the breakeven level (50) to 43, indicating a...
Why housing demand will likely stay high for years to come
Low rates of household formation since the Great Recession have caused 5.7 million "missing" households, a new Zillow analysis finds. These missing households represent people who historically would have moved into their own home but...
