Housing Affordability Becomes Debate Topic in 2024 Presidential Election
Presidential candidates are tackling affordability issues as home price-to-income ratio reaches record high
Can Limiting Hedge Funds From Buying Homes Lower Housing Prices?
Since large institutions make up just 13% of all investor homebuyers, their impact on rising home prices may not be as significant as some believe
Gen Z Feels Weight of US Debt Burden While Trying to Enter Housing Market
Current US debt has surpassed levels reached in the aftermath of World War II, with Gen Z bearing the brunt
New Bill Aims to Curb Energy-Efficiency Standards for Home Appliances
Passage of the act by the House would add hurdles to creating new appliance standards and also make it easier to revoke existing standards
$5.5B in Grants Allocated for Affordable Housing, Homelessness
With this funding, the Biden administration aims to boost the housing supply, lower housing costs, expand rental assistance, and enhance renter protections
2 New HUD Documents Address AI's Potential for Housing Discrimination
The documents seek to limit the ways emerging tech could violate the Fair Housing Act's protections against discrimination
Government + Policy
New Law Streamlines San Francisco's Approval Process for Housing
The Constraints Reduction Legislation aims to speed up the permitting process for the construction of much-needed housing in the city
Women in Construction
Tradeswomen and White House Representatives Meet About Women in Construction
The Dec. 6 meeting with representatives from the Biden-Harris administration sought to find ways to help women enter and succeed in the construction industry
Government + Policy
House and Senate Bills Aim to Curb Corporate Involvement in Single-Family Housing
Two separate bills were recently introduced in Congress: one would prevent hedge funds from owning single-family homes, the other would impose fees on corporate owners
Affordability
Maryland Announces $400M Housing Bond to Support Affordable Homeownership
The Maryland Department of Housing and Community Development's recent mortgage revenue bond is the largest in the agency's history
Government + Policy
White House Supports Commercial-to-Residential Conversions
The Biden administration has announced new plans to fast-track turning vacant commercial buildings into affordable housing
Economics
Pandemic Era Spurs 37% Jump in US Household Median Net Worth
The average American family saw a significant boost in household net worth during the pandemic due to government support and a rebounding economy
Housing Policy + Finance
FHA Eases Mortgage Qualifications by Allowing Rental Income From ADUs
The Federal Housing Administration now allows buyers to include rental income from accessory dwelling units in their mortgage applications
Government + Policy
White House Announces Initiatives to Boost Homeownership
The federal government recently announced a series of new housing policies aimed at creating more affordable pathways to homeownership
Business Management
WOTUS Rulings Cause Confusion for Home Builders
NAHB Housing Policy Briefing: Lack of clarity for land developers and builders regarding waters of the United States; construction labor market update
Housing Policy + Finance
HUD Allocates $212M to Build Affordable Housing for Disabled Americans
The U.S. Department of Housing and Urban Development is providing $212 million to boost affordable housing for Americans with disabilities
