The Official Online Weekly Newspaper of NAHB
Advocates of reducing the government’s support for housing are a growing concern for the nation’s home builders as the Obama Administration moves forward to develop a comprehensive housing finance reform proposal that it plans to deliver to Congress at the start of next year.
Among the diverse perspectives provided by panelists at the Aug. 17 Conference on the Future of Housing Finance, there were those who offered the view that housing has been too heavily subsidized by the government, to the detriment of the performance of the U.S. economy, reported NAHB Third Vice Chairman Rick Judson, who was a participant at the day-long meeting in Washington, D.C. Read More
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With NAHB members continuing to face severe financing challenges as they attempt to line up credit for viable residential projects, the association has launched the NAHB Finance Forum, a free, online “matchmaking” tool that will enable builders and developers to connect and discuss their funding needs with representatives from a variety of traditional and non-traditional capital sources, including investment and private equity funds.
Patterned after the successful Partnership Pavilion held at the 2010 NAHB International Builders’ Show (IBS) in Las Vegas, which brought together more than 250 project proposals with 30 financial firms, the Finance Forum online networking service is available to NAHB members only.
“The Finance Forum provides members with an innovative and secure method to determine what types of financing might be available — alternatives that might save their project after traditional sources have failed,” said NAHB Chairman Bob Jones. “I hope my fellow members will take advantage of this timely and necessary service because it could begin opening doors for their businesses.” ... Read More
To enable his colleagues in the Capital Region Builders Association and the Louisiana Home Builders Association to be able to build a green and wind-resistant home no matter what their budgets, Gonzales, La., home builder Roy Domangue is building three demonstration homes, all in a row, in a project he calls Going Up, Going Green.
One will meet the Bronze level of the National Green Building Standard, one the Silver and another the Gold. Each will use a different type of pier foundation, floor joist system and framing system to meet Federal Emergency Management Agency (FEMA) guidelines and the International Residential Code (IRC) hurricane-resistant requirements to withstand a 120 mph wind.
All three should be available for formal tours by the end of September, although HBA builder members, suppliers and local reporters have been stopping by regularly to check on the progress. Parts of each home will be left unfinished so builders can better examine the construction techniques and materials used.... Read More
NAHB members who register for the 2011 NAHB International Builders’ Show (IBS) in Orlando by Aug. 31 can get a free four-day pass to the exhibit floor as well as take advantage of heavily discounted registration pricing.
Industry professionals who register for the show before September can save $100 on early-bird registration and $130 on regular registration. IBS, the single, most important and largest industry event of the year, will be held Jan. 12-15.
In addition, spouses of members and non-members can register for free in August. ... Read More
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