Save the Date Friday, March 21, 2014, probably 10am. We are arranging a small group of HBADE members to meet with our Delaware Delegation – Senator Carper, Senator Coons, and Congressman Carney – all together at the same time on issues important to our industry. The panel discussion format will be held in the City of Wilmington and a place and specific time to be announced.
The Sustainable Energy Utility handles a number of programs, in addition to Green for Green, to promote energy efficiency in Delaware.
You may ask “what else do they do” ????
Find out – more importantly help them decide February 12, 2014 on future projects. RSVP to Lisa Gardner (302) 883-3048 or by email firstname.lastname@example.org
Homebuilders in all 3 Counties in the State – Participation Seminar Dates to be Announced
The Pins were hot Monday night.
This past Monday, our Associates Council hosted our first quarterly membership meeting. They held a brief update meeting on various topics the Associates Council are dealing with, we served pizza and soda; then it was on to bowling!
By the end of the night, over 40 builder and associate members each played three games, in mixed teams randomly paired by staff.
Everybody had a great time, there was lots of fun comradarie and good natured competition – not to mention a great deal of networking.
SO CONGRATS TO OUR WINNERS:
Highest individual builder member score of 195: Mary Smith of Benchmark Builders:
Highest individual associate member score of 228: Mike Burcham of McCrone:
Also our thanks to 50-50 winder Fred Fortunato who donated his prize back to the Associates Council:
Finally, thank you to our photographer Amanda Kaye. No picture to show you here, no selfies.
AND a great big thank you to our sponsors – the event was not a success without their help!
(This Press Release, issued January 16, 2014 by the U.S. House of Representatives, shows the good work of Congressman Jon Carney to reform the housing finance system.)
Disciplined approach will increase availability of capital in mortgage market, combining private-sector risk pricing and government guarantee
Washington, D.C.—Representatives John K. Delaney (MD-6), John Carney (DE-AL), and Jim Himes (CT-4) today outlined a housing finance reform proposal that uses private sector market forces to appropriately price risk while putting the scale and security of a government guarantee behind the program. They plan to introduce legislation this spring to create a housing finance system that is fair for borrowers, lenders, and taxpayers.
Key elements of Delaney-Carney-Himes Housing Finance Proposal
The Delaney-Carney-Himes housing finance proposal creates a structure that enables the government to significantly expand the availability of capital in the insurance market, while ensuring the mortgage market is open and efficient – with private capital participating in the market and pricing all of the risk. The plan adds discipline to the mortgage market, creates meaningful paths and incentives for private capital to flow into the mortgage market, and ensures that the mortgage market benefits from the liquidity provided by government participation.
This structure creates a unique public-private partnership mechanism whereby private “first loss” capital of up to 5% is required in all mortgage securitizations, and the government – acting through Ginne Mae – in partnership with private capital will provide reinsurance of up to 95% of any mortgage securitization. Specifically, Ginnie Mae will provide reinsurance and prospectively contract with private reinsurance companies to share in the government’s reinsurance policy. Both the private reinsurance carrier and the government will receive the exact same pricing and bear the exact same risk.
“We are excited to begin the roll out of this idea and believe this legislation will be an important addition to housing finance reform discussion,” said Congressman Delaney. “To ensure a stable housing finance system, we must move past the current state to a new system that engages more private sector capital and private sector pricing of risk in partnership with an explicit government role in the provision of stabilizing liquidity to the market – this bill does that. Chairman Hensarling has shined an important spotlight on housing reform and understands, deeply, how important this debate is to the economy and our fiscal future. For decades, Ranking Member Waters has led on affordable housing issues and I look forward to her forthcoming legislation as well. Senators Warner and Corker have shown similar leadership with their proposed legislation and we look forward to deep collaboration with these truly outstanding Senators as well. We hope our legislation will complement these efforts.”
“I’m looking forward to working with Mr. Himes and Mr. Delaney to advance our ideas around housing finance reform,” said Congressman Carney. “My priority in developing this proposal is to preserve the thirty-year fixed rate mortgage while protecting taxpayer dollars. Getting this effort right is critical to the success of our economy. Absent a smart, sensible solution, affording a home will become more expensive for families across the country, and taxpayers will remain on the hook in the event of another downturn in the housing market. There are a lot of good ideas out there — I think this one strikes the right balance between public and private sector involvement in the housing market.”
“I’m excited to join this effort to merge the efficiency of markets with the scale of government to create a safer, more liquid housing market that will help make housing more affordable while reining in the risk to our economy,” Himes said. “I look forward to gathering input from housing experts across the spectrum and am particularly interested in working to improve the availability of multi-family housing.”
“I welcome the principles and approach that are included in this proposal,” said Congressman Gregory Meeks. “It preserves a government back stop, which is critical for sustaining the thirty-year fixed rate mortgage, and creates additional funding for low income housing. I look forward to further discussions and clarifications on the specific details that will be included in the legislation.”
NOTE: anyone interested in receiving the accompanying two summary of the key components, email us at info @hbade.org.
J. Michael Riemann, P.E., Civil Engineer and Senior Associate at Becker Morgan Group, was honored as the 2013 Butch Alfieri Associate of the Year by the Home Builder’s Association of Delaware (HBADE). The award was announced at the Leadership & Legacy Ball on December 7th at the White Clay Creek Country Club in Wilmington, DE. Recipients are chosen based on their dedication and service to the HBADE throughout the year. Riemann showed tremendous support for the initiatives of the Association, leadership through numerous regulatory challenges, and frequent attendance and volunteer time at Association events.
Riemann has over 12 years of experience in civil engineering with Becker Morgan Group and been on the HBADE Board of Directors for 2 years. Becker Morgan Group provides Architecture & Engineering services with offices in Delaware, Maryland, and North Carolina. For more information, visit www.beckermorgan.com.
Below is a notice from DNREC for an upcoming webinar related to stormwater management. Ideal topic for engineering consultants, environmental scientists, and developers
Free Webinar: Reimagining the Parking Lot & Roadway as a Stormwater Practice
Dates: February 12, 2014 • Time: 1 – 3 PM EST
Credits: 2 PDH/ .05 CE
Historically, parking lots, roadways, and similar infrastructure have been single-purpose facilities – designed to move and store vehicles. However, especially in urban areas, these land covers consume a large percentage of the land area. The economics of urban land use is “driving” a different way of thinking about how these surfaces can serve multiple purposes, including stormwater management. This webcast will cover several ways of reimagining the parking lot and roadway as a place where stormwater can be reduced, stored, harvested, and treated. The webcast will feature case studies on green streets, permeable surfaces, rainwater storage and use, and incorporating vegetation into the mix.
Tom Price, PE, Director of Water Resources Engineering, Conservation Design Forum (Elmhurst, Illinois)
Rob Roseen, PhD, PE, Senior Water Resources Engineer, Geosyntec Consultants (New Hampshire)
Tim VanSeters, Manager, Sustainable Technologies at Toronto and Region Conservation (TRCA)) (Ontario, Canada)
1 Introduce the parking lot and roadways as a stormwater management practice.
2. Provide an overview of the basic concepts.
3. Explain how the parking lot and roadways can be used to manage stormwater.
4. Discuss specific limitations and how to overcome them (e.g., soils, space, and/or policy).
5. Provide case studies for standard and innovative practices.
6. Learn ways to incorporate stormwater in the built environment‘s parking lots, roads, and similar urban infrastructure.
DNREC, Division of Watershed Stewardship
Watershed Assessment and Management Section
Congratulations to Debra Young, HBADE Board Associate Vice President Chair of our Associates Council and Principal of EmpowerAbility LLC:
HBADE members: Look for email invitations late next month for our Legislative Reception.
As you are aware, we postponed the Legislative Reception which was to be held this past Wednesday due to the snow storm and extreme cold weather. The Delaware General Assembly cancelled sessions both Tuesday and Wednesday, so it would have been pointless to have our Reception.
Invitations will go out in late February for the Reception to be held after session on Wednesday, March 26th. In addition to our elected members of the Legislature, our HBADE members are invited and encouraged to attend. This will be our opportunity for members to meet and greet those that enact laws that impact their businesses, as well as we’ll have some general remarks from Kevin Kelly, who is President of Leon Weiner & Associates in Wilmington and serves as the 2014 Chairman of our National Association of Home Builders.
A BIG thanks to our Associate Members. Although some were unable to join the focus group webinar yesterday due to schedules or meetings, we had nearly 30 Associates that took valuable time from their day and participated during three webinar focus groups yesterday morning. We had a great deal of dialogue, tips, suggestions and invaluable input from these members on a variety of questions relating to membership in the Home Builders Association of Delaware. This critical feedback is greatly appreciated and will help us sharpen our future focus of goals, services, and events in order to provide more value as a member – we want our members to get the best membership bang for their buck!. While yesterday’s focus groups involved Associate members, soon we will hold sessions directed toward our Builder members.
Thanks again Associates!