Remove Finance Remove Income Remove Remodeling Remove Washington
article thumbnail

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
article thumbnail

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. ABOUT NAHB: The National Association of Home Builders is a Washington, D.C.-based National Association of Home Builders.

Housing 85
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How Excessive Design Standards Hurt Home Affordability

Pro Builder

Design regulations are supposed to ensure the health, safety and welfare of residents, but superficial and excessive rules that price lower- and moderate-income families out of the market should not be prioritized over the need to address the housing affordability problem. NAHB Housing Policy Briefing.

Design 103
article thumbnail

NAHB and Trump Working to Reopen the Country

Pro Builder

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. ABOUT NAHB: The National Association of Home Builders is a Washington, D.C.-based

NAHB 98
article thumbnail

Model Sustainability and Green Building Initiatives for a More Verdant City and Town

Green Building Law Update

Bill 8-14 would require new or extensively remodeled buildings for which County government finances at least 30% of the costs, to generate at least 1 kilowatt of renewable energy for every 1,000 square feet of floor area. The County Council in all Democrat and very Blue.

Green 136
article thumbnail

State by State Incentives Guide

Buisness Facilities Contributed Content

CAPCO financing, an alternative to conventional bank financing, can accommodate a slightly higher risk profile and provide a more flexible structure for growing businesses. Terms for both are normally 10-20 years and can finance up to 100% of the project costs. ALABAMA - updated for 2014. They are: The Renewal Program.

Income 108
article thumbnail

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