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Legislative Affairs

BASE Governmental Affairs Directors act as advocates for the development industry and closely monitor activity at the state, regional and local level from the North Carolina General Assembly to city and county meetings - anything that affects the growth and development industry.

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Development Industry

Credibility, Leadership, Expertise..... BASE has a single mission to promote public policies which encourage economic growth, job creation and a healthy real estate, homebuilding, land use and development industry.

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"Unbelievable! BASE was there for us at the beginning, middle, and end providing us with key information and foresight…It's great to see there are organizations like BASE out there that are willing to go the extra mile to satisfy their members." - Jon Vincent, JTV Business & Management Consultant

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 "Well worth the money! I’ve been working in this industry well over 20 years, and this is the lowest cost, highest value work I have ever seen. I always knew the regulatory pressures that our industry faced, but at least now I know that there is an organization fighting and winning on our behalf." - Kevin Hine, Duplin Land Development, LLC, Exec. VP/GM River Landing

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“BASE has been one of the best business decisions I have made!  There is no other organization like BASE that covers such a broad area of issues that affect both residential and commercial interests.” - Steve Niemeyer, CEO Wrightsville Builders

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FHA Upfront Mortgage Insurance to Increase in April PDF Print E-mail
Thursday, 04 March 2010 09:09

It is truly unfortunate that this spring we're going to add yet another obstacle to economic recovery by making it tougher for first-time home buyers to get loans by increasing the amount they have to pay for upfront mortgage insurance and cutting sellers' contributions for closing costs.

Effective on FHA insured loans with case numbers assigned April 5, 2010 or later, the upfront mortgage insurance premium will increase. FHA insured mortgages for purchases and non-streamline refinances will increase from 1.75% of the base loan amount to 2.25% and streamlined FHA refinances (refinancing an FHA underlying mortgage) will increase from 1.5% to 2.25%.

 Additionally, the following changes will also take place with FHA insured loans in early summer:
  • Increasing the down payment requirements for lower credit scores (risk based underwriting).   The HUD Press Release states that those with a 580 score would need a minimum of 10% down payment. 
  • Seller contributions towards allowable closing costs reduced from 6% to 3%.
 Raising out-of-pocket expenses and raising monthly mortgage payments is going to push even more potential buyers out of the market, at a time when the economy, the building industry, taxpayers and local governments could use a boost from increased residential construction. Most critically, the upfront mortgage insurance premium increase will go into effect just 25 days before a home buyer needs to be “in contract” to qualify for the home buyer tax credit.
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BASE Responds to Environmental Protection Agencies Proposed Stormwater Guidelines PDF Print E-mail
Friday, 26 February 2010 11:25

On December 1, 2009, the U.S. Environmental Protection Agency (EPA) published effluent limitations guidelines (ELGs) and new source performance standards (NSPS) to control the discharge of pollutants from construction sites.  These rules have gone into effect in 2010 and will be phased in over a four year timeframe for projects greater than 10 acres.  The turbidity limit for water flowing off a site is 280 NTUs--not much more cloudy than regular tap water.
The BASE Governmental Affairs staff responded today to the Environmental Protection Agency (EPA) in regards to their plans by submitting the attached comments. 
Here are two links for more background information on this issue. click here  (Federal Register Notice)
 
Attachments:
Download this file (Final ELG Comments Packet EPA Submittal.pdf)Final ELG Comments Packet EPA Submittal.pdf[ ]319 Kb
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NCDOT Strategic Prioritization Process Results of Initial Rankings of Projects Now Available on NCDOT's Website PDF Print E-mail
Monday, 22 February 2010 11:41
Through the link below, you can view the results from the NCDOT prioritization process that will be presented across the state the week of February 22. These documents represent the results of an effort to rank transportation projects through a data driven process.  The list includes highway and non-highway projects and is the first step toward developing the Draft State Transportation Improvement Program.

The rankings of projects that will be presented Feb. 22-24 are now available on NCDOT’s webpage at http://www.ncdot.org/performance/reform/http://www.ncdot.org/performance/reform/.   Please note that the projects are listed by Highway Projects and Non-Highway Projects.   The projects are also listed by rankings across the State AND within NCDOT Divisions.  A limited number of the listings by Division will be available as a handout at the forums in case you can not print them out now.  

As a reminder, the Regional Forums will be held as follows:
 
February 22- Alamance Community College in the Auditorium-1:30 p.m.–3:30 p.m.  The college is located just south of exit 150 on I-40/85 on the eastern edge of Alamance County.  The Auditorium is at 1247 Jimmie Kerr Road, Graham, NC.  
 
February 23 – Catawba Valley Community College in the Auditorium - 1:00 p.m. - 3:00 p.m. This is located just off Exit 126 of I-40 on Administrative Drive at 2550 Highway 70 SE in Hickory, NC. See attached map.  The Auditorium is building No. 20.
 
February 24 – Global Trans-park Center Training Facility in the Auditorium (Room 142)–10:00 a.m.-Noon.  This is located at the Trans-Park Center,  3800 Highway 58 North,  Kinston, NC.


 
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