AGP Executive Report
Last update: 11 hours agoHousing Supply: HUD’s proposed manufactured-housing changes could expand lower-cost options by removing the permanent-chassis requirement, though rulemaking and building-code updates remain ahead. Community Investment: New Jersey submitted the maximum 130 census tracts for federal Opportunity Zone status, aiming to draw investment into housing and local economies. Flood Protection: Naples’ $86.2 million stormwater project is running ahead of schedule, adding pumps and drainage designed to reduce flooding in coastal neighborhoods. Property Taxes: Florida’s Amendment 3 would raise the homestead exemption in stages; local officials warn the revenue loss could threaten public services, while supporters say it could begin broader tax cuts. Market Pressure: U.S. new-home sales fell in September as affordability pressures weighed on buyers, adding to concern that the housing slowdown could intensify renter and voter frustration. Disaster Recovery: SBA low-interest loans are available to Eastern Washington wildfire survivors, including homeowners seeking up to $500,000 to repair or replace a primary residence.
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