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.
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The U.S. labor market rebounded in October, with nonfarm payroll employment increasing by 165,000 jobs and the unemployment rate declining to 4.1%. However, the improvement in overall employment contrasts with continued weakness in residential construction, where employment fell by 16,400 jobs, the largest monthly decline since March 2021.
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