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How Excessive Design Standards Hurt Home Affordability

Pro Builder

Thu, 10/01/2020 - 06:00. Stringent residential design standards imposed by local governments are affecting housing costs; the impact of new residential construction on the broader economy (chart). The chart below demonstrates the impact of new residential construction on the broader economy. . . Advertisement. .

Design 103
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Why Builders Wait to See Lower Lumber Prices

Pro Builder

NAHB Policy Brief | Lumber prices have moderated, but lower costs haven't worked their way to builders; New home prices too expensive for lower-income households. The problem for home builders and remodelers is that although lumber futures have begun to moderate, lumber packages quoted to builders have held at or near record highs.

NAHB 98
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How This Arizona Luxury Home Builder Is Making a Move to Diversify

Pro Builder

The first 12 rental homes, featuring a backyard and a garage, were built in 2020 in Phoenix and were rented within 30 days after completion. That’s what led us to start a custom home remodeling division and to build single-family rentals. . PB: To diversify, you could have gone to different price points in home building. Is it infill?

Arizona 78
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State by State Incentives Guide

Buisness Facilities Contributed Content

Income Tax Capital Credit: The Income Tax Capital Credit has been available since 1995. The enterprise zone credit is equal to $2500 per permanent new employee and can be applied against the income tax and/or business privilege tax liability. The tax for existing entities accrues as of Jan. The rates range from $.25

Income 108
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STATE INCENTIVES GUIDE

Buisness Facilities Contributed Content

INCOME TAX CAPITAL CREDIT: Currently codified as Article 7, Chapter 18, Title 40, Code of Alabama 1975. It is a credit of five percent of the capital costs of a qualifying project, to be applied to the Alabama income tax liability or financial institution excise tax generated by the project income, each year for 20 years.

Income 75
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Housing Affordability Affects Housing Choice

Pro Builder

NAHB Housing Policy Briefing | NAHB encourages policymakers to focus on incentives for local governments to embrace new housing developments, including affordable low-income and workforce housing. 2020 Single-Family Starts Mirrored Builder Confidence. National Association of Home Builders. For more, visit nahb.org. . Affordability.

Housing 85
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NAHB and Trump Working to Reopen the Country

Pro Builder

Fri, 05/29/2020 - 06:00. Ensure single-family and multifamily builders/developers, remodelers, and property owners are eligible for the Federal Reserve’s Main Street Lending Program. Establish a permanent minimum 4% credit floor for the Low-Income Housing Tax Credit. NAHB and Trump Working to Reopen the Country. and developers.

NAHB 98