News
U. S. Housing and Urban Development Secretary Scott Turner
2+ week, 2+ day ago (253+ words) Housing Wire U. S. Housing and Urban Development Secretary Scott Turner HUD Secretary Scott Turner used the Housing Wire stage to announce that HUD is rescinding a Biden-era energy code rule tied to FHA- and USDA-backed new construction, arguing it added unnecessary…...
House passes bill hiking VA mortgage refi fees
2+ day, 6+ hour ago (408+ words) H. R. 6047, introduced by Rep. Tom Barrett with support from Rep. Mike Bost, expands benefits for severely disabled veterans and survivors. It offsets costs by raising VA home loan fees, including a 1. 42% IRRRL fee and a 1% assumption fee, extending funding fees for…...
California legislators re-try to 'loophole-proof' starter home law
2+ day, 11+ hour ago (765+ words) California SB 1116 passed the Senate 37-0 and heads to the Assembly. It strengthens eligibility and development standards, measures height in feet, limits setbacks and requires local ordinances to be submitted to Housing and Community Development for compliance review" AI Summary California…...
Vermont bills aim to expand manufactured housing affordability
3+ day, 10+ hour ago (1003+ words) Vermont lawmakers advanced 2 measures to support factory-built housing. H. 757 would expand manufactured homeowner protections, add sales tax relief, and lock in co-op affordability, while a separate rural housing bill creates new tools for factory-built construction." AI Summary Vermont's legislature took two…...
Missouri housing incentives bill hits Gov. Kehoe's desk for sign-off
1+ week, 2+ day ago (587+ words) Missouri lawmakers passed a housing incentives bill that would create Missouri Innovation Zones and expand tools such as property tax abatement and TIF. The measure includes a $50 million annual office-to-residential credit and awaits Gov. Mike Kehoe's signature." AI Summary Missouri…...
Manufactured housing Stakes in the ROAD to Housing Act
1+ week, 2+ day ago (472+ words) At the core of the issues for several groups is the question: Would the legislation deliver on its promise of increasing production of affordable housing?" In the backdrop is this: researchers have explored "perverse incentives" leading organizations or politicians to…...
House spares BTR from institutional investor ban; plans vote next week
1+ week, 3+ day ago (837+ words) The House posted amended ROAD to Housing Act text that keeps a ban on investors owning 350-plus homes from buying more single-family properties, but adds carve-outs for build-to-rent and renovate-to-rent. The House version also removes a proposed 7-year sell-off rule…...
With a permit shot clock, Georgia builders gain leverage
1+ week, 4+ day ago (664+ words) Georgia enacted SB 447 to standardize residential permitting timelines and reduce delays tied to housing supply. The law includes defined review windows, written denial requirements, and a statewide dashboard by 2028." AI Summary Georgia home builders are set to see faster, more…...
Rohit Chopra tapped to lead California consumer agency
1+ week, 4+ day ago (375+ words) California Gov. Gavin Newsom appointed former CFPB Director Rohit Chopra as secretary of the state's new Business and Consumer Services Agency. The agency launches July 1 and will place DFPI and DRE under a consolidated enforcement and licensing structure." AI Summary…...
New Rochelle housing surge proves predictable zoning's impact
1+ week, 5+ day ago (753+ words) New Rochelle used a downtown overlay and form-based code to replace discretionary approvals with clear standards and timelines. The approach has enabled 11, 047 authorized units since 2015 and is being cited in Albany as Hochul pursues permitting and SEQRA changes." AI Summary…...