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.
About author
You might also like
Building Industry Converges in Vegas
As the International Builders’ Show gets going in Vegas this week, the sentiment seems to be one of cautious optimism. Coming off of a sluggish 2014, loosening mortgage standards for
Big Builder, Little Builder…Who’s Got The Edge?
The squeeze on smaller builders these days comes in many forms, from all directions.
MDC 4th-Qtr Profit Up 79%
M.D.C. Holdings (NYSE:MDC), Denver, parent of Richmond American Homes, on Wednesday reported net income of $40.4 million, or $0.78 per share, for the fourth quarter ended Dec. 31, 2016. The