NBN Online for the week of February 13, 2006

(Plain Text Version) for full graphical version, click here.

In This Issue:

Front Page
Bill Addresses Need for Affordable Military Housing
Approval and Permit Process Top Challenge for Builders
Rhode Island Builders Help Military Families
Coast to Coast
Finding a House Gets Easier — Inventories Rise Sharply in Many Major Markets as Buyers Hang Back
Housing Forum
Letter to the Editor: Shotgun Houses
Politics & Government
Virginia Builders Rally Against Anti-Growth Policy
Economics & Finance
Eye on the Economy
Tips
Builder's Tip: Cutting Engineered Joists
Business Management
Builder-Tested Contracts and Forms Increase Profitability
Presenters Wanted for Custom Builder Symposium
Multifamily
Builders, Owners See Brighter Rental Apartment Outlook
Best in Multifamily Housing Pillars Finalists Named
Enter Historic Rehabilitation Awards Competition
Rising Rents, High Land Costs on Conference Agenda
Remodelers
The More We Bring to NAHB, the More NAHB Works for Us
Construction Safety
Normal OSHA Enforcement Resumes in Most of Gulf Coast
Sales
Generate Sales with a Wide-Ranging Incentive Program
Education
How Designations Have Helped Me — A Testimonial
NAHB Designations Give Members a Competitive Edge
Education Calendar
Green Building
Conference Focuses on Green Building Market
International
Trade Mission to Explore Niche Opportunities in Mexico
Regulation
Story Shows Why Man-Made Ditch Shouldn't Be Regulated
Labor
Lowe’s Praised for Support of HBI Job Corps Students
Industry Careers Reward Job Corps Students at IBS
Building Products
Free-Standing 120-Volt Dual-Fuel Range a First
Builder's Engineer
Wanna Know What's Rude?
TV
NAHB-Produced Programs on HGTV & DIY This Week
Endowment
Winchester Homes Honored for '25 Acts of Charity'
Association News
GM $500 Exclusive Offer for NAHB Members
Calendar of Events

Related Articles

Approval and Permit Process Top Challenge for Builders

Rhode Island Builders Help Military Families

Bill Addresses Need for Affordable Military Housing

Legislation that would expand opportunities for enlisted military personnel and their families to obtain safe, decent and affordable housing received the support of the nation’s home builders last week.

Testifying for NAHB before the House Subcommittee on Housing and Community Opportunity, Bobby Bowling, a third generation home builder and president of Tropicana Homes in El Paso, Texas, said the bill — H.R. 3186, the “Build Houses for Our Military’s Enlisted Servicemembers Act” — would allow more military families to qualify for Low Income Housing Tax Credit (LIHTC) properties.

“This important legislation increases access to affordable housing for enlisted military personnel, specifically through the housing tax credit program,” said Bowling. “This would be especially helpful at Fort Bliss in El Paso, where there is a tremendous shortage of decent, affordable housing for enlisted military personnel and their families.”

The legislation would correct a technical anomoly in how income eligibility is calculated for enlisted military personnel who seek to qualify for residency in a tax-credit home. This would be achieved by excluding military members’ housing allowance from their annual household income when qualifying them for the tax credit properties.

Bowling told lawmakers that many of NAHB’s multifamily members who develop and operate affordable housing built under the LIHTC program in communities with substantial military populations, such as El Paso, often have to turn down some members of the military, particularly junior enlisted personnel, because their income is just over the maximum permitted under the program’s rules.

“With the men and women in our armed forces facing shortages of affordable housing at duty stations across the country, the situation is only expected to worsen by the transfer of military units as part of the recent Base Realignment and Closure process,” he said. “H.R. 3186 would permit more U.S. service members and their families to qualify for housing under the LIHTC program, the finest affordable housing production program in history.”

To read the legislation, click here and enter H.R. 3186 in the box at the center of the page.

For more information, e-mail Michael Strauss at NAHB, or call him at 800-368-5242 x8252.


 

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