Following the U.S. District Court for the District of Arizona’s ruling on Monday to remand and vacate the Navigable Waters Protection Rule (NWPR), which defines the “waters of the U.S. (WOTUS),” the U.S. Environmental Protection Agency and the U.S. Army Corps of Engineers stated that “the agencies have halted implementation of the Navigable Waters Protection Rule and are interpreting ‘waters of the United States’ consistent with the pre-2015 regulatory regime until further notice.”

The Federal Emergency Management Agency (FEMA) on Sept. 1 released several documents, including final guidance, for the upcoming transition to its new risk rating methodology. The guidance outlines how the agency will apply the new rating factors and credit options when determining insurance premiums for policies issued under the National Flood Insurance Program (NFIP).

The rise in building material prices, shortages in labor and rise in home sales prices are leading some builders to pivot from pre-sales and/or custom builds to a speculative building business model. Maximizing interest and managing build costs are critical to successfully building and selling spec homes. Here’s how one builder did it.

In the September Chairman’s Update, NAHB Chairman Chuck Fowke tells members about two important issues facing the industry on which NAHB is proactively engaged for our members.