NORTH TEXAS HOMEBUILDERS ASSOCIATION
Volume 10, No. 2 • February 2017
4410 Fairway Boulevard Wichita Falls, TX 76308
P: 940.692.2211 F: 940.692.2214
www.nthba.com
From the President
While Washington D.C. begins with a new president, the 85th legislative session is underway in Texas. Now is a great time to really see how your membership works for you. Below you will find the TAB Legislative Priorities for the 85th Legislative Session.
LEGISLATIVE PRIORITIES 85TH Legislative Session Preventive burdensome fees that affect affordable housing Local government imposed fees on housing impedes the overall cost of living for Texas Homebuyers. In fact for every $1,000 increase in the cost of a median priced home, approximately 20,000 Texas households are priced out. In order to maintain access to an affordable housing market for our state’s growing population, TAB’s focus is to prevent, reduce and eliminate taxes, fees and costs on housing. Support reasonable improvements to the mechanic’s lien statute The Texas Mechanic’s Lien Statute (Property Code Ch.53) affects the home building industry as well as several partner industries such as the mortgage lending, banking, multifamily building, and title insurance industries. The current system established in statute works efficiently for most owners, lenders, contractors, subcontractors, suppliers and title companies. TAB supports adjustments to the lien law to improve certain compliance provisions; however, cautions against wholesale changes that result in negative consequences to our healthy construction industry. Provide a seller notice of military bases to home buyers In order to provide home buyers with adequate information regarding the purchase of a new home, TAB supports legislation that would require home buyers to be notified if their selection home is adjacent to a military base. Continues on Page 3
Special Thanks to our 2017 NTHBA Partners: Diamond Atmos Energy Platinum Union Square Credit Union Gold First National Bank of Wichita Falls
What’s
INSIDE • Calendar of Events • NTHBA Privileged to Hear Article • Rally Day Article • Young Professional Poker Tournament