News & Opinions
The latest news and insights from Hanley Wood’s outspoken experts and key thought-leaders throughout the residential and commercial design and construction industry.
Teresa Burney / BUILDER / March 5, 2013
As the government cuts begin to take hold, builders are trying to gauge what the impact will be on housing’s rebound.
Just how much impact government spending cuts under sequestration will have on home building depends on who you talk to. Even in the Washington, D.C., area, where government employees abound and the cuts are expected to be most significant, builders give different answers to the question.
Last weekend, home builder Robert Wormald spent a lot of time talking to some of the hundreds of buyers who trekked through Wormald Homes’ models during its annual spring sales event,Read More
Donna Kimura / AFFORDABLE HOUSING FINANCE / March 1, 2013
About 125,000 individuals and families could lose their Housing Choice Voucher benefits and be at risk of becoming homeless under the widespread and indiscriminate cuts brought on by sequestration.
President Obama and Republican leaders had failed to reach an agreement Friday morning, which meant that the sequester and its approximately 5 percent cuts to government programs were officially set to go into effect sometime that day.
Although it was unknown when the pain would be felt on the streets, officials warned that it would be real.
“These reductions to HUD (Department of HousingRead More