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Mortgages Remain Within Affordable Levels Despite Rising Prices

Pro Builder

Fri, 09/17/2021 - 09:47. A recent Realtor.com report found buyers put down 21% of their household income before taxes toward monthly mortgage payments in May. share of income over the past decade, but remains within the affordable range. share of income over the past decade, but remains within the affordable range.

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Can Single-Family Zoning Be Meaningfully Reversed?

Pro Builder

Can Single-Family Zoning Be Meaningfully Reversed? Wed, 10/06/2021 - 10:19. Single-family only zoning has long been the smart bomb NIMBYs and municipalities used to keep out developments that would add density, multifamily, and “those people” of a different race, ethnicity, or class from moving into their neighborhoods.

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How Suburban Sprawl Poses a Challenge for the U.S. Economy

Pro Builder

Suburbs are sprawling again, but a lack of buildable residential land is pushing lower-income Americans out of the housing market. Current zoning laws date back to 1930s-era guidelines from the Federal Housing Administration, but modern-day housing stretches beyond just single-family lots and requires additional land for multifamily units.

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NAHB—Making a Difference for Its Members

Pro Builder

Thu, 02/04/2021 - 01:00. Chuck Fowke, 2021 NAHB Chairman. Americans Agree on Strict Building Codes for Fire, Flood Zones. A permanent minimum 4% credit floor on low-income housing tax credits enables NAHB multifamily developer members to finance thousands of additional affordable rental units. .

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NAHB Chairman's Letter: Americans Want Action on Housing Affordability

Pro Builder

Chuck Fowke, NAHB 2021 Chairman. The most popular solution to ease housing affordability woes, cited by 66% of the survey respondents, would be to provide incentives to private builders and developers to create more affordable housing for low- and moderate-income households.

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New A.D.U. Ordinance Introduced to N.J. Neighborhood

Pro Builder

Fri, 12/10/2021 - 10:06. ordinance allows separate accessory dwelling units in all single-family zones, and in an effort to create more affordable housing, the town is also permitting homeowners to sell units separately from a primary residence as condominiums, The New York Times reports. . Ordinance Introduced to N.J. Neighborhood.

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The Winning Homes in the Solar Decathlon Are …

Pro Builder

Tue, 04/20/2021 - 10:47. of Energy Secretary Jennifer Granholm announced the winners of the 2021 Solar Decathlon Build Challenge. A rentable accessory dwelling unit provides a source of extra income for the owners while adding another affordable housing option for the region’s lower-income families. Read More.

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