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Three Things You Need to Know This Week
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BATC wishes you a Happy Fourth of July! We hope all of you have a safe and fun holiday weekend.
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Eggs and Economics is next week! Register today. There's tons of mid-year economic infomation you need to hear!
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The June permit numbers are out! See how the Twin Cities residential construction market stacked up below.
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Twin Cities See a Boost in Residential Construction
The Twin Cities residential construction market is looking better. Single-family permits were up 12 percent when compared to June 2014, while multi-family permits were up 55 percent from this time last year.
Read more >>
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BATC in the News
New Home Permits Rose 15 Percent in Twin Cities This Month
Star Tribune
Housing construction in the Twin Cities metro continues its seesaw recovery...Read more >>
MPI Announces 2015 RISE Award Winners
Successful Meetings
The Builders Association of the Twin Cities will receive the RISE Award for Organizational Achievement for its refined strategy on the use of meetings ... Read more >>
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Supreme Court Preserves Protections of Fair Housing
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In a 5-4 vote, the US Supreme Court "acknowledges the Fair Housing Act's continuing role in moving the nation toward a more integrated society," the court wrote. The ruling said a housing discrimination case can be based on disparate impact on minorities based on the federal fair housing law.
NAHB President Tom Woods released the following response to the ruling:
"NAHB is a strong supporter of the Fair Housing Act's goals to allow all people to obtain housing free from discrimination. The nation's home builders stand ready to develop and build safe and decent housing in all communities across the country. However, as the court stated, the Fair Housing Act cannot put 'private developers in a double bind of liability, subject to suit whether they choose to rejuvenate a city core or to promote new low-income housing in suburban communities.' While today's U.S. Supreme Court decision has far reaching consequences for home builders and home buyers alike, we look forward to working with HUD and Congress to create clear rules that ensure builders can readily comply with the Fair Housing Act while assisting localities that need affordable housing."
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Minnesota: CNBC's #1 State for Business
Another list, another win for our great state. Minnesota topped CNBC’s list of top states for business. MN's low mark in the 10-part tally was a #35 ranking for the cost of doing business, something the homebuilding industry can confirm. But beyond that, MN excels in education, quality of life, and workforce measures, putting US at the top of the list.
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Options Narrowed for Southwest LRT Cost Savings
The officials charged with making cuts to the planned Southwest light rail project are getting closer to making their final recommendations. Eden Prairie offers the biggest potential for savings, while Minneapolis offers the biggest political challenges.
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Create Leaders in Your Business
This Fall we are launching the BATC Leadership Institute! This learning experience is aimed at up-and-coming leaders within BATC member companies.
The program will incorporate highly interactive exercises, discussions, and project-based activities and sessions.
More information >>
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Thank You to Our 2015 Elite Partners
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