Regulations account for nearly one-third of multifamily costs, builders tell Congress
Layers of excessive regulation translate into higher rents, reduced affordability for consumers and on average, account for almost one-third of a multifamily project's development and building costs, the National Association of Home Builders (NAHB) told Congress today. Testifying...
HUD awards $18 million to clean up dangerous lead in public housing
In an effort to identify and eliminate lead-based paint hazards in public housing, the U.S. Department of Housing and Urban Development (HUD) today announced it is awarding $18 million to 20 public housing agencies...
HUD awards $99 million to provide affordable housing to people with disabilities
The U.S. Department of Housing and Urban Development (HUD) today awarded $98.5 million to 285 local public housing authorities across the country to provide permanent affordable housing to nearly 12,000 additional non-elderly persons with...
Enodo identifies 9,000 undervalued multifamily properties nationwide
Enodo, an automated underwriting platform for multifamily real estate, recently applied its price and cap rate prediction algorithms to its database of 1.7 million assets nationwide to identify the nation’s most statistically undervalued multifamily...
HUD awards $5 million to 22 public housing agencies for emergency and security improvements
In an effort to keep public housing residents safe and secure, the U.S. Department of Housing and Urban Development (HUD) is awarding $5 million in grants to 22 public housing authorities. HUD’s Capital Fund Emergency Safety...
Following court ruling, HUD moving forward on amending affirmatively furthering fair housing regulations
In the wake of a federal court decision upholding the U.S. Department of Housing and Urban Development’s approach to rule-making, HUD Secretary Ben Carson today announced that HUD intends to move forward in amending...
HUD launches campaign to boost landlord acceptance of housing vouchers
U.S. Housing and Urban Development (HUD) Secretary Ben Carson today announced a Department-wide task force as part of a larger campaign to encourage more landlords to participate in the Housing Choice Voucher (HCV) Program....
55+ housing market shows continued strength in second quarter
Builder confidence in the single-family 55+ housing market continued to be in positive territory in the second quarter of 2018, according to the National Association of Home Builders' (NAHB) 55+ Housing Market Index (HMI) which was released...
Apartment industry statement on the extension of the National Flood Insurance program
Statement from the National Multifamily Housing Council (NMHC) and National Apartment Association (NAA) on the extension of the National Flood Insurance Program (NFIP). “The National Multifamily Housing Council and the National Apartment Association applaud Congress...
New NMHC white paper explores the Internet of Things and the apartment sector
The Internet of Things (IoT) presents the apartment industry with both opportunities and challenges. The National Multifamily Housing Council (NMHC) has published a new white paper, Smart Communities: The Internet of Things & the...
Evergreen Real Estate Group wins Urban Land Institute Chicago 2018 Vision Award for Aurora...
Evergreen Real Estate Group today announced that Aurora St. Charles Senior Living, the developer’s recently completed senior housing community in Aurora, Ill., has been named the recipient of an Urban Land Institute (ULI) Chicago...
July apartment market conditions show improvement; construction labor reported as both more expensive and...
Apartment market conditions improved across three of the four indexes measured by the July National Multifamily Housing Council (NMHC) Quarterly Survey of Apartment Market Conditions. The Sales Volume (55), Equity Financing (56) and Debt...
HUD awards $14 million to help low-income public housing residents secure higher paying jobs
To help low-income public housing residents increase their income and move toward self-sufficiency, the U.S. Department of Housing and Urban Development (HUD) today awarded $14 million to seven Public Housing Authorities (PHAs). HUD’s Jobs Plus...
HUD and DOJ launch public awareness campaign against sexual harassment in housing
The U.S. Department of Housing and Urban Development (HUD) and the U.S. Department of Justice (DOJ) today released a public service announcement (PSA) to raise awareness of housing-related sexual harassment and to reach persons...
NAHB supports Trump’s workforce development plan; pledges to train 50,000 new workers
Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., today issued the following statement in support of the White House executive order on workforce development: "NAHB applauds President...
