Since 1942, the Home Builders Association of Dayton has worked with local governments at the county, municipal and township levels to advance the interests of the home building industry, discourage needless regulation, and otherwise create and sustain a builder-friendly environment in the Dayton region.
First Point of Contact
The Home Builders Association of Dayton serves as the community's first point of contact for information on new construction. The Association annually screens thousands of calls for area consumers looking for advice and direction in the selection of a builder or associate.
The Association also works effectively with other local organizations dedicated to economic development. The Home Builders Association of Dayton is actively involved with the Dayton Development Corporation, County Corp, CityWide Development, aI-70/75 Development Association, nd other economic development agencies.
Building 100 average single-family homes create 297 full-time jobs and generates $11.1 million in taxes and fees for all levels of government to support police, firefighters, and schools, as well as creating $28 million in business and wage revenue for the communities.
On November 23, 2021, NAHB Chief Economist, Rob Dietz, presented to the Dayton and Cincinnati HBA's the 2022 Housing and Economic Forecast. Please see the following slide deck for the entire presentation. Here are some of the highlights to note:
- Solid growth in 2021 (best since 1984)
- Is the economy fully recovered? A little above Feb-20. $1T gap from projected growth
- 4% unemployment rate by end of 2023. Job opening rate has more than 10M open jobs in the economy
- How to ease inflation: more supply (housing and manufacturing) and more labor supply
- Interest rates will climb above 4% by 2023
- 30% home price increase over last 18 months
- Population growth: Dayton 0.01%. Uniquely position because housing affordability will allow Midwest to grow
- HOI: Dayton 82% (national = 57). HOI is a measure of the amount of houses that are affordable for the median household income
- 19% price growth YoY of residential construction costs
- Have to add 740,000 construction jobs/year to replace retirement and accommodate growth
- 23.8% of price of a new home is in regulatory costs
On July 17, 2021, C.E.O., Eric Farrell, presented the State of Housing to the I-70/75 Development Association's monthly breakfast. For references ti the mentioned studies please see the following links:
The Economic Impact of Home Building in a Typical Local Area: Income, Jobs, and Taxes Generated
The Economic Impact of Home Building in a Typical Area: Comparing Costs to Revenue for Local Governments
One Public School Child for Every Three Homes
Government Regulations in the Price of a New Home: 2021
Miami Valley Regional Planning Commission: State of the Region
Most Ohio Economists Agree Zoning Reform Would Reduce Housing Costs
On March 20, 2020 in an effort spearheaded by the HBA of Dayton, the Board of Directors (comprised of seventeen organizations representing our membership) sent a joining letter to Governor DeWine urging him to designate the construction of single-family and multifamily housing as an Essential Infrastructure Business.
In a critical win for the Home Builders Association of Dayton and the residential construction sector, the DeWine-Husted Administration designated construction of single-family and multifamily housing as an “Essential Infrastructure Business.” The designation enabled many home building organizations to keep their businesses open during the COVID-19 pandemic and help to stabilize the housing industry and its supply chain. More detail about the construction workers who qualify as essential can be found in both the “Public Works and Infrastructure Support Services” and “Residential/Facilities and Services” were incorporated in the Order, as well.
Implementing solutions to the housing affordability crisis is the top issue for America’s home builders. Due to the complexity and nationwide and local scope of the problem, there is no single “silver bullet” solution to the challenge of making housing more affordable.
A range of factors have contributed to the increased cost of housing in recent years. That means the public and private sectors must work together to create innovative solutions that enable more families to achieve homeownership or have access to suitable rental housing.
State & Local Initiatives
The HBA of Dayton works in communities across the Dayton region to keep housing issues a priority with local regulators and policymakers. These efforts help to defeat excessive regulations and to protect your business.
Members can use these resources to become effective leaders and respected voices for the housing industry in their communities.
Award-Winning Home Shows
The Association's award-winning home shows – the Homearama Touring Edition, Citirama and Rehabarama – have drawn more than a million visitors over the past 20 years. Citirama and Rehabarama have won the highest national awards of the U.S. Conference of Mayors and the National Trust for Historic Preservation.
Find out more about how housing is a critical component in economic development and leveraging the reach of our shows to tell our story.
Six HBA councils meet regularly to exchange views on common interests and concerns. These include: the Small and Custom Builders Council, Large Volume and Developers Council, Sales and Marketing Council, Remodelers Council, Associates Council and Past Presidents Council.