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Member AdvantageHBAVANational Assn of Home Builders
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Serving the Southside region of Virginia, the Home Builders Association of Southside Virginia is a trade organization chartered in 1956.
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The purpose of the association is to maintain high professional standards in the construction industry, service its member firms and the general public.
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The Home Builder's Association of Southside Virginia has been serving the cities of Petersburg, Colonial Heights, Hopewell and Emporia, as well as the counties of Amelia, Brunswick, Dinwiddie, Prince Edward, Prince George, Greenville, Lunenburg, Mecklenburg, Nottoway, Surry, Sussex and southern Chesterfield for more than 50 years as a non-profit, volunteer association affiliated with the Home Builders Association of Virginia and the National Association of Home Builders.
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The Association exists for the sole purpose of making a collective home building industry contribution to those efforts and movements which are designated and promoted to improve the social, legislative and economic welfare of the Commonwealth of Virginia and the nation.

 

 

 

 

 

 
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Our Sponsors: Minimize
MidSouth Building Supply
FFSBofVA The L&L Company
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Legislative Minimize

NEW STIMULUS LAW INCLUDES $8,000 HOME BUYER TAX CREDIT

*A $787 billion economic stimulus package signed into law this week by President Obama contains elements to bolster housing and the economy.

*Including a more enhanced home buyer tax credit in the final legislation would have been the best way to spur housing demand and move the economy forward.

*However, the new law does include several provisions that should help to put housing and the economy on the right track.

*Chief among these is an $8,000 first-time home buyer tax credit for qualified home purchases in 2009.  To encourage home buyers to get off the fence, the tax credit:  Does not have to be repaid; Is fully refundable; Will remain in effect until Dec 1, 2009 so that consumers can utilize it during the critical summer and fall home buying months; Allows tax credit home buyers to participate in the mortgage revenue bond program; and Permits state housing finance agencies to help buyers at closing by advancing the credit amount as a loan using tax-exempt bond proceeds.  More information on the first-time home buyer tax credit can be found at www.federalhousingtaxcredit.com.

 

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HBAV launches opposition to Sprinkler Mandate.  The ICC Code process was hijacked last fall by several organizations representing firefighters and sprinkler manufacturers.  The result was the adoption of a recommendation that all new single-family homes have fire sprinklers installed.  There is still an opportunity to stop the inclusion of this requirement in Virginia.  It is imperative that HBAV and our members be intimately involved in the code review process.  For more information on fire sprinklers and why our industry is opposed to their installation in single-family homes, please visit the following link http://www.hbav.com/.

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STORM WATER GENERAL PERMIT:  The deadline is approaching to renew your Storm Water General Permit for Land Disturbing Activities with the Department of Conservation and Recreation.  Coverage under your old permit will lapse on June 30, 2009.  The Clean Water Act mandates that DCR must reauthorize the General Permit every five years.  The new permit will become effective on July 1, 2009.    This notice only applies to current permit holders.

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 It is extremely important for all members to be involved in your local House of Delegates races to help build the relationships that will help Home Builders Association of Virginia represent you in the future.  If you would like to find out more about your local House of Delegates election, you can contact your HBAV lobbying team, Mike Toalson or Barrett Hardiman at 804-643-2797.

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SUBJECT:  Class - 2006 IRC (From Charles Bajnai, Chesterfield County)

April 30, 2009 is the last day that plans will be accepted under the old 2003 IRC.  There is a one year grace period for implementing the 2006 Virginia Residential Code, and it expires in about 100 days.  If you want to purchase a Virginia-specific copy of the code, you can contact ICC at www.iccsafe.org and order it with the Virginia changes incorporated already for you (be sure to ask for the Virginia-specific version). 

 
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