Dec 01 2021
Love0

Livingston: Ordinance Committee request feedback from developers

By Advocacy

On November 30th, the Livingston Parish Ordinance Committee meeting including several agenda items relevant to the home building industry.

New item, Submittal Ordinance, was discussed with Garry Talbert requesting more information from the attendees to discuss why the planning department grants up to 5% variance on different phases of filings.

The Drainage Impact Fees Ordinance took most of the discussion time with all but one speaking against. Members of the committee and audience referenced there was a lot of grey areas, undefined. Below are the following reasons stated that the ordinance should not be adopted in its current form:

  • Defining how the area retention would be classified:  watershed, HUC, etc.
  • Recognized the need to look at the larger area and how water is detained
  • Legal definition of the development’s impact of the in and outflow of water
  • Consideration of credits towards to developers who positively impact drainage without be required

Livingston Parish Drainage Impact Fee Ordinance (November 4, 2021)

CONTACT Livingston Parish Ordinance Committee Members:
Chair Tracy Girlinghouse, Councilman District 7, (225)236-8774, tgirlinghouse@lpcgov.com
Vice Chair Maurice “Scooter” Keen, Councilman District 3, (225)305-8996, mkeen@lpcgov.com
R.C. “Bubba” Harris, Councilman District 5, (225)363-5155, rharris@lpcgov.com
Garry Talbert, Councilman District 2, (225)933-6456, gtalbert@lpcgov.com
*Committee members also serve on Livingston Parish Council.

Advocate Article on November 26th: One-time development fee debated in Livingston Parish amid growth concerns, flood threats

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

Nov 30 2021
Love0

Home Price Appreciation Decelerates in September

By Housing
In September, national home prices grew at a slower but still unsustainable pace. Locally, 14 out of 20 metro areas reported that they realized a deceleration in home price growth in September. This month’s data indicates that housing market is cooling slightly as housing affordability concerns persist. The S&P CoreLogic Case-Shiller U.S. National Home Price Index, reported by S&P Dow… Read More ›
Nov 30 2021
Love0

Construction Loan Growth During Third Quarter

By Housing
Residential construction loan volume reached a post-Great Recession high during the third quarter, as home building activity continued to expand in 2021. The volume of 1-4 unit residential construction loans made by FDIC-insured institutions increased by 6% during the third quarter. The volume of loans increased by $4.9 billion for the quarter. This loan volume expansion placed the total stock… Read More ›
Nov 29 2021
Love0

Scroggs approved to Planning & Zoning Commission with HBA support

By Advocacy

HBA advocated for the approval of Evan Scroggs, NAI Latter & Blum, was approved by the East Baton Rouge Parish Metropolitan Council at their recent meeting.

Evan Scroggs has excelled in office and industrial sales and leasing and tenant representation for office, industrial. Additionally, he has represented clients the evaluation, analysis and acquisition of office, retail, and industrial assets.
He works with private equity from major markets in the acquisition, repositioning, and disposition of core assets in addition to working with local trusts and private investors in the deployment of capital and maximizing asset
value. Evan’s client list includes national and regional industrial and office tenants as well as local and regional developers.

The mission of the East Baton Rouge Parish Planning Commission is to be a driving force supporting the development and implementation of the comprehensive plan, providing guidance for growth, development, and restoration, while recognizing the importance of maintaining healthy, diversified neighborhoods, encouraging increased access to economic opportunity, and enhancing the quality of life for all residents of East Baton Rouge Parish.

To learn more about serving and other industry issues, please contact Melissa Parmelee, VP of Community and Government Relations.

Nov 29 2021
Love0

Pending and Existing Home Sales Jump in October

By Housing
Despite low inventory and increasing affordability concerns, both pending home sales and existing home sales jumped in October, according to the National Association of Realtors (NAR). Though the market remains strong and sales is on pace for its strongest sales in 15 years, higher home prices continue to price out first-time and young buyers. The Pending Home Sales Index (PHSI)… Read More ›