NBN Online for the week of June 19, 2006

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In This Issue:

Front Page
Supreme Court Rules Against Excessive Regulation
Harvard Predicts Continuing House Price Appreciation
Share Nation's Building News With Your Staff — It's Free
Home Builders Blitz Builds 400 Habitat Homes in One Week
Layouts for Living
Floor Plans: Luxury Townhomes, Affordable Rentals Rub Elbows
Coast to Coast
Less Housing for Residents of Average Pay, Report Says
Politics & Government
Pressure Grows to Rein in Fannie Mae, Freddie Mac
U.S.-Canada Accord Would Put Lumber on Shaky Ground
House Bill Appropriates $35.3 Billion for HUD
$19.8 Billion Added for Hurricane Recovery
Housing Priorities Discussed With Howard Dean
Economics & Finance
Slowing Market Sends Builder Expectations Lower
Eye on the Economy: Housing Wealth Effect Will Weaken
Tips
Builder’s Tip: A Free Caulk-Finishing Tool That Works
Business Management
Business Plans, Exit Strategies Explored at Builder Symposium
For a Better Bottom Line: Read ‘BoB’
Remodelers
To Merge or Not to Merge: The Parable of the Carpenter
Design
Enter the BALA Competition, Registration Deadline Is July 15
Education
Want to Know More About Designations? Ask an Expert
Education Calendar
Green Building
Building Museum Exhibits Sustainable Modular House
Voluntary Guidelines Promote Water Conservation
California Green Builder Program Meets State Goals
Building Quality
Job Readiness and Cycle Time Key to Profits
Application Deadline Nears for EnergyValue Housing Awards
Regulation
Cluster Boxes Replacing Door-to-Door Mail Delivery
Construction Safety
Workers Can Avoid Back Injuries by Lifting Safely
Katrina Recovery
Public Housing Rebuilding Accelerated in New Orleans
Almost 1.2 Million Homes Damaged in 2005 Hurricanes
Labor
HBI Leads Efforts to Promote Careers in Home Building
Building Products
Software Services Include Coordinating Supplier Rebates
TV
NAHB-Produced Programs on HGTV & DIY This Week
Endowment
HELP to Target College Grads for Residential Construction
Association News
Avoid Credit Card Processing Rate Increases With Solveras
GM $500 Exclusive Offer for NAHB Members
BuilderBooks.com Offers Free Shipping on Books This Month
Find Key Employees Through NAHB Online Career Center
Calendar of Events
NAHB Career Center

Related Articles

Almost 1.2 Million Homes Damaged in 2005 Hurricanes

Public Housing Rebuilding Accelerated in New Orleans

Under plans to accelerate the return of public housing families to New Orleans unveiled by Housing and Urban Development Secretary Alphonso Jackson last week, about 1,000 units will be rehabilitated and reopened within the next 60 days. The plan also calls for raising the value of HUD Disaster Vouchers and redeveloping moderately to severely damaged public housing units to make way for a mix of public housing and affordable rental and single-family homes.

“President Bush said soon after Hurricane Katrina ravaged the city that he is committed to rebuilding the great city of New Orleans,” Jackson said. “We are making the President’s vision a reality with an innovative plan that will not only reopen nearly half of the city’s public housing, but also provide an economic and social renaissance to several New Orleans neighborhoods.”

About 1,000 public housing residents have already returned to the city, and by accelerating the cleanup and repair of additional units at the developments where they are now living, the Housing Authority of New Orleans will be reopening an additional 1,000 units by August.

Roughly 5,000 families occupying public housing were displaced by the hurricane last August.

Jackson has also directed the housing authority to increase the Fair Market Rate — which is used to determine the value of vouchers in local communities — by 35%. This will increase the value of the Disaster Vouchers that HUD is providing to displaced families.

The Fair Market Rate for a two-bedroom apartment in New Orleans was $696. The new payment standard will boost the voucher to $940, which should open up more rental housing opportunities for displaced households.

Until HUD finishes work on rebuilding and revitalizing its housing developments in the city — an effort that Jackson said “isn’t something that will be done overnight” — families will be assisted with Disaster Vouchers, Section 8 Vouchers and Tenant Protection Vouchers to cover rent wherever they have relocated.


 

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