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Boston suburb works to comply with new state multifamily construction law

Housing Wire

The town of Newton, Massachusetts is working to comply with a new state law that requires the construction of new multifamily housing units in areas served by public transit, according to reporting from the Boston Globe. Some apartments have been constructed in recent years, but the construction level has been low.

Law 314
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Congress passes spending bills to avoid shutdown, adds to Ginnie Mae budget

Housing Wire

House of Representatives on Wednesday passed a series of six spending bills that will avoid a partial shutdown of the federal government while adding some additional budget capacity to Ginnie Mae. Department of Housing and Urban Development (HUD). It allocates $450 billion in funding for several departments, including the U.S.

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HUD details funding, policy support for green homes and climate resilience

Housing Wire

Department of Housing and Urban Development (HUD) on Thursday detailed a series of actions and initiatives it has undertaken to bolster climate resiliency while supporting green housing initiatives that stem from Inflation Reduction Act funding and recently announced plans to combat the effects of extreme heat.

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Biden’s plan to fix housing supply depends on Congress

Housing Wire

The government would not build any houses. The plan is in addition to measures the federal government announced in September 2021 that the federal government said would create 100,000 homes in three years. One measure would expand existing federal subsidies for multifamily housing development.

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What Biden’s infrastructure plan does for housing

Housing Wire

Specifically, the plan calls for the construction and rehabilitation of over 500,000 homes in low- and middle-income areas. Biden is also calling on Congress to eliminate exclusionary zoning laws, which he says inflates housing and construction costs – an issue that has crippled homebuilders across the country for more than a year.

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Opinion: A more balanced approach to manufactured home energy efficiency?

Housing Wire

Both the standards and the underlying methodology used to develop them are fundamentally flawed. The standards were required to take into consideration current manufactured housing construction methods and transportation requirements for homes built in a factory and transported to the site.

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Will the Infrastructure Bill Affect the Real Estate Market?

Appraisal Buzz

Construction Sites Will Stay on Schedule. construction sites. About $17 billion will be used to strengthen ports that have suffered due to inflation, improving the supply chain for building and construction. The initiative will also enable city-level governments to enact ambitious energy goals. they won’t make a splash.