iba Weekly Update MultiBriefs

Falling mortgage rates lift home sales

Prospective homebuyers took advantage of a drop in mortgage rates in May to scoop up available inventory. Entry-level and lower-income buyers were especially eager to lock in a purchase in anticipation that lower rates will cause home prices to creep upwards again. It...

source: By Michael J. Berens
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In northwest Indiana, the City of Valparaiso is proposing a new recreation impact fee that will apply to all new development within the Valparaiso municipal boundary. In southwest Indiana, the Town of Newburgh is discussing...

source: IBA

Indiana OSHA can and does perform unannounced, programmed inspections of jobsites in accordance with OSH Act Section 8; however, employers have the right to require compliance officers to obtain an inspection warrant before entering the worksite. IOSHA also has the ability...

source: IN.gov

Pandemic Unemployment Assistance (PUA) created a temporary federal unemployment insurance program for individuals not otherwise eligible for benefits, including the self-employed, independent contractors, and gig economy workers. PUA benefits are set to end on Dec. 25,...

source: IN.gov

State Building Commissioner Craig Burgess has published several written interpretations that could impact your next project. Please review the interpretations below. Indiana statute allows interested parties who have a dispute...

source: IN.gov

The Indiana Fire Prevention and Building Safety Commission has filed a Notice of Intent to Readopt several rules without changes including: 2014 Indiana Building Code 2014 Indiana Mechanical Code 2014 Indiana Fire Code 2014 Indiana Fuel Gas Code

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