HUD Training to Provide Insights on New Federal Flood Risk Management Standard
In preparation for the Federal Flood Risk Management Standard elevation requirements that go into effect Jan. 1, 2025, the Department of Housing and Urban Development (HUD) is offering a training webinar to answer questions and prepare home builders for these changes.
The webinar, Minimum Property Standards in Special Flood Hazard Areas, will take place Dec. 17 at 1 p.m. ET.
This free, virtual training will provide home builders and other interested parties with an overview of the new construction requirements for site-built, FHA-insured residential structures. Attendees will learn about the new Minimum Property Standards requirement for one- to four-unit homes or units in condominium projects or legal phases concerning the lowest floor in newly constructed structures located within special flood hazard areas. There will be a question-and-answer session at the end of the training.
Attendees must register by Dec. 16, 2024.
Latest from NAHBNow
After three consecutive quarters of modest improvement, housing affordability declined in the second quarter as higher mortgage rates, rising construction costs and economic uncertainty weighed on the market.
In the latest episode of NAHB’s podcast, Housing Developments, CEO Jim Tobin and COO Paul Lopez dive into the latest economic data, and what it means for the housing market and midterms.
Latest Economic News
Second quarter 2026 data reveal softer conditions for townhouse construction as housing affordability challenges affect homebuyer demand, particularly in larger metropolitan markets.
With overall single-family construction down almost 7% for the first seven months of 2026, custom home building has been a relative bright spot for the residential construction industry.
Housing starts fell in July as economic uncertainty, rising construction costs, labor shortages and elevated financing expenses continued to challenge builders.