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- Obama's FY 2010 budget increases HUD funding to $47.5 billion
Budget includes funds to house extremely low-income families - New-Home Sales Decline 10.2 Percent in January
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All prior defaults under the builder's senior credit facility were either waived or cured. - Calif. home builders hail passage of homebuyer tax credit
$10,000 credit likely to spur new-home construction, generate jobs and state and local tax revenues - NAHB Chair Joe Robson Blasts Obama Proposal to Reduce Mortgage Interest Deduction
NAHB fears proposal to reduce mortgage interest deduction to fund health care initiatives will adversely affect home builders' ability to sell homes and bounce back from a historically bad housing market. - HUD Allocates More Than $10 Billion in Recovery Funds for Housing
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FHFA index notes 3.4% price drop since third quarter - Builders Thwart Environmental Liability with Proper Insurance
Many owners undertaking construction projects have begun to educate themselves about the impact of environmental issues as well as the associated liabilities. This includes the performance of environmental assessments before buying the property or the onset of development projects









