Trump Stirs Homebuilders’ Dreams of Cutting Environment Red Tape

Bloomberg

As Don Huffines sees it, Donald Trump’s election instantly made his Dallas-area pastureland much more valuable. That’s because the residential developer expects the president-elect to follow through on a pledge to cut through what he considers environmental red tape.

Huffines, a Republican state senator in Texas, blames President Barack Obama’s administration for adding to rules protecting wetlands, stream beds, endangered species and clean water. The U.S. Army Corps of Engineers has been blocking a dam to create a lake he envisions as a centerpiece for the 1,000-home subdivision.

Read More

Previous Home Ownership Wanes in California
Next Net Outward Migration from Los Angeles County to Orange County

About author

Steve Devorak
Steve Devorak 152 posts

Steve Devorak is a former Director of Land Acquisition and Project Manager with extensive experience in the Southern California land market.

View all posts by this author →

You might also like

Land/Projects

RSI Communities Buys Beaumont Site

Newport Beach-based homebuilder RSI Communities said it has bought a 228-acre site in the Riverside County city of Beaumont, where it plans to build a 981-home development called Olivewood. RSI

Homebuilders / Land Developers 0 Comments

Industry Veteran Tom Grable Promoted to Division President

Long-time homebuilding industry veteran Tom Grable is promoted to Southern California Division President of TRI Pointe Homes. With TRI Pointe’s merger with Weyerhauser’s homebuilding operations earlier this year, Tom takes

Homebuilders / Land Developers

Woodbridge Pacific Shores Up Capital Base

With an equity commitment of up to $200M from a New York-based private equity firm, Woodbridge Pacific Group, an Orange County-based builder and developer, seems to be well positioned to