President Trump today signed into law landmark tax reform legislation.
“NAHB commends President Trump and members of Congress for their hard work and dedication in crafting this once-in-a-generation overhaul of the nation’s tax code,” said NAHB Chairman Granger MacDonald. “Providing tax relief for hard-working families and creating a more favorable tax climate for small business will make the economy more vibrant and competitive. In turn, this will boost the housing sector, which represents roughly one-sixth of the U.S. economy. Housing not only equals jobs, but jobs mean more demand for housing.”
Throughout the tax reform debate, NAHB and our grassroots were at the forefront of the legislative process. We held several meetings with House Ways and Means Committee Chairman Kevin Brady, along with other committee members and staff, while builders engaged with key House and Senate lawmakers in their home districts and at their offices on Capitol Hill.
Thanks to the efforts of the entire Federation, NAHB achieved significant victories on the real estate exception to the business interest deduction, second homes, private activity bonds, the capital exclusion, and many other provisions.
Under the new law, the majority of taxpayers will receive a tax cut, including working class home owners and renters, small business owners and our members who are engaged in all aspects of the residential construction sector. Lower tax rates will spur job and economic growth, and that is good for housing.
An overview of the Tax Cuts and Jobs Act, with all changes taking effect for the tax year starting Jan. 1, 2018:
‘TIS THE SEASON
NO MATTER WHAT HOLIDAY YOU CELEBRATE, HOME BUILDERS ASSOCIATION WOULD LIKE TO WISH YOU A SAFE AND HAPPY HOLIDAY SEASON AND A PEACEFUL AND PROSPEROUS NEW YEAR!
As we look back on the past year, we want to recognize the many generous people who have helped make the Building Industry stronger than ever!
Our office will be closed, December 26th, for the holiday, but our Weekly Spotlight will return January 9th.
Late last week, I announced to our Board of Directors that I am leaving the Home Builders Association of Delaware. Having arrived at HBADE in March 2012, a great deal of positive action and energy has been accomplished over these last 6 years and I have been privileged to work with many fine members, business acquaintances, and HBADE staff. However it’s time for me to make a change. I have not decided what or where will occupy my future, but with a 3 month advance notice I’ll make that determination.
My last day with HBADE will be March 30, 2018. This allows our Executive Committee and Board of Directors time to determine and implement their move-forward gameplan.
Thank you for allowing me to serve as your Executive Vice President these past 6 years. It has been a true pleasure working with you and my true best wishes for much continued success in your careers and business undertakings.
New subdivisions are more likely to include both detached and attached units, shared amenities and open space, and restricted access points (for example, gated communities).
When coupled with declining revenue as it competes with private express carriers and online order delivery services, it means the United States Postal Service (USPS) now favors the installation of less-expensive cluster box units over traditional door-to-door or curbside delivery in new single-family developments.
In 2012, the USPS updated its Postal Operations Manual to reflect that preference and recommends that developers and builders plan for centralized mail delivery installations during a project’s design phase.
The first step for all developers and builders: Identify your regional coordinator by emailing Delivery.Growth@usps.gov. Contact the coordinator before finalizing plans and site plats with planning and zoning authorities.
The USPS will not begin mail delivery until the regional coordinator has approved modes of delivery and box locations. However, it will work with builders, developers and owners at any stage of development if cluster box units are not feasible.
The USPS has provided NAHB with a webpage with more details about this change — and how it can be an advantage for developers and their buyers. USPS representatives will also give a presentation to the NAHB Land Development Committee before the 2018 International Builders’ Show in Orlando and plan to have a booth during the show to answer questions about the policy.
For more information on centralized delivery, please contact Claire Worshtil.
As a benefit of being a member, you have access to discounts and savings opportunities offered by many top companies. All programs, rates and prices are subject to change without notice.
For more information visit: www.nahb.org/ma
When using these programs please identify yourself as a member of the National Association of Home Builders.
NAHB is proud to announce a new consumer awareness initiative – and a great promotional opportunity for your projects – on the photo-sharing app Instagram.
“This initiative is designed to build awareness among the home buying audience of the craftsmanship and innovation of NAHB members,” said NAHB Chairman Granger MacDonald. “We want Instagram’s 700 million monthly users to see how our members are building homes, enriching communities and changing lives.”
Getting your company involved is simple: If you already have an Instagram account, just follow us @homebuildersand tag us in the pictures that you would like us to share.
If you don’t have an Instagram account, you can submit your photos, along with a short description of the home or a story about the home owners for whom you built or remodeled the home, at nahb.org/photos.
Either way, make sure to include the Instagram handle for other key people or companies that were involved in the project, along with photo credits.
There are lots of possibilities:
Please note, if you’re submitting before-and-after photos, it’s okay if the “before” images aren’t taken by pros.
Questions? We have answers. Please contact Camilo Cuba, NAHB senior brand marketing manager.