Existing Home Sales Strongest Since 2006 Despite Supply Limits

By Housing
Fueled by low mortgage interest rates and strong demand, annual existing home sales reached 15-year high in 2021, according to the National Association of Realtors (NAR). However, supply has continued to lag due to ongoing supply-chain disruptions and inventory fell to lowest level since January 1999, keeping home prices elevated and pricing out first-time and young buyers. Total existing home… Read More ›

Regional Flood Protection Progress with Cooperative Endeavor Agreement

By Advocacy

The East Baton Rouge Parish Metropolitan Council authorized the Mayor-President to approve the Cooperative Endeavor Agreement between the Ascension Parish Government and East Baton Rouge Parish to expand the clearing and grubbing of Bayou Manchac. This was a time sensitive matter in order to meet time deadlines for contracts and agreements with Ascension Parish Government. Ascension Parish Council will be addressing the same agreement on January 20, 2022.

U.S. Congressman Garret Graves released the following statement as the East Baton Rouge Parish Metro Council is set to consider an agreement tonight that would expedite Bayou Manchac debris removal. Since the May 2021 flood, Graves has collaborated with Ascension, East Baton Rouge and Iberville Parish stakeholders to develop and reach regional flood control solutions.

“Disaster destruction doesn’t stop at a parish line so regional flood protection requires a regional solution. We’re making significant progress with stakeholders and officials from Ascension, East Baton Rouge and Iberville Parishes and the Pontchartrain Levee District. Federal funding was secured and now we’re using the discussions to move us to solutions faster. It remains a priority to remove debris and increase drainage of Bayou Manchac, Alligator Bayou, and Spanish Lake basin to protect our homes, businesses and families,” Graves said.

To learn more about government relations and other industry issues, please contact Melissa Parmelee, Community and Government Relations.

LHBA: Legislative Update

By Advocacy, LHBA Legislative Update

New Excavation Laws Effective this Month

Beginning in January 2022, underground utilities and facility operators are now required to notify prior to the mark-by time, if their underground facilities are not in the area of the request.  Act 9 of the 2021 Regular Legislative Session also states that the excavator shall be notified if the underground facilities are not fully marked before the location deadline.

This new statute clarifies the excavator must provide the specific location with the current notice requirements or can physically mark the route or area of excavation or demolition. White paint, flags, stakes, or similar means under American Public Works Association guidelines can be used as markings prior to submitting notice.

Act 9 went into effect on January 2, 2022. The 2022 Regular Legislative Session convenes this year on Monday, March 14, 2022 and adjourns no later than 6:00 pm on Monday, June 6, 2022.  

Information provided by Michelle Shirley, LHBA Lobbyist

To learn more about government relations and other industry issues, please contact Melissa Parmelee, Community and Government Relations.