2018 Student Design Competition: Stories of Hope
Students from Rockville High School in Vernon placed third overall in the National Home Builders and Remodelers Association’s home design competition. These students are now working on their individual projects for the Student Design Competition at the 2018 Connecticut Home & Remodeling Show at the Connecticut Convention Center, March 2 – 4. Fox 61 Stories…
Energy and Home Owner Tax Credits Included in Budget Accord
As part of the Bipartisan Budget Act of 2018, which was signed into law on February 9, Congress retroactively extended a number of expired energy and home owner tax provisions. The following tax credits were reinstated on a retroactive basis for 2017 only: Section 45L Credit for Energy-Efficient New Homes: Provides a $2,000 tax credit…
HELOCS Deductible for Capital Improvements, IRS Says
In a victory for NAHB Remodelers, the IRS today issued a letter clarifying changes to home equity loans and lines of credit to confirm that households may take a tax deduction when these loans are used for home improvements. The tax law enacted in December cut the deduction for interest paid on home equity loans…
Codes & Standards Committee Hearing
HBRA Members: The state Codes & Standards Committee will be holding a hearing on mandating sprinklers in townhomes. JOIN US Wednesday, January 24, 2018 Legislative Office Building Room 1A at 10:00am Related PDF Downloads P.2904 Fire Sprinkler Code Pages NFPA Technical Requirement Concerns NAHB State by State Data HBRA CT Task Force Testimony HBRA CT…
Ring’s End Acquires Business Assets of Tuxis Lumber in Madison
Ring’s End, Inc. today announced that it has acquired the business assets of Tuxis Lumber at 85 Bradley Road in Madison. Ring’s End is excited to expand its presence in the shoreline communities and build upon a 56-year legacy established by Tuxis Lumber. Family owned and operated since 1902, Ring’s End is a premium supplier…