Construction Industry

HUD Secretary Carson to Conduct Webinar with NAHB Members

Filed in Construction Industry, Leadership, Membership by on April 24, 2020 0 Comments
HUD Secretary Carson to Conduct Webinar with NAHB Members

NAHB Chairman Dean Mon announces that Dr. Ben Carson, Secretary of Housing and Urban Development, will participate in a webinar with NAHB members on Tuesday, April 28, at 11 a.m. ET.

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HBI Extends Complimentary Online Learning Resources

HBI Extends Complimentary Online Learning Resources

The Home Builders Institute (HBI) has extended free online learning alternatives for local schools and training programs through May 31, in response to continued requests for K-12 Career Technical Education (CTE) amid the COVID-19 pandemic.

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Some Cities Keep Construction Going Via Virtual Inspections

Some Cities Keep Construction Going Via Virtual Inspections

Although many cities have classified residential construction as an essential business, a designation that allows home building to continue during the coronavirus-induced shutdown, this designation may not be sufficient to keep construction going. To help remedy this situation, some jurisdictions have started to allow virtual inspections.

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Builders Employ Several Strategies to Keep Selling Homes During Pandemic

Builders Employ Several Strategies to Keep Selling Homes During Pandemic

A recent survey of NAHB members reveals they are implementing several measures to allow them to continue selling homes during the coronavirus pandemic. The most common strategy is private showings of model homes, with 59% of builders saying they doing this already or planning to in the near future.

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SBA Announces PPP and EIDL Loan Programs are Out of Money

SBA Announces PPP and EIDL Loan Programs are Out of Money

The Small Business Administration (SBA) has announced it has run out of funding to process any more small business loans through the Paycheck Protection Program (PPP) and Economic Injury Disaster Loan Program (EIDL) that  were created under the CARES Act. These loan programs are designed to help small businesses that have been harmed by the COVID-19 pandemic.

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Economic Outlook: Layoffs Continue but Virus’ Growth Rate Slows

Economic Outlook: Layoffs Continue but Virus’ Growth Rate Slows

NAHB Chief Economist Robert Dietz provides the latest analysis on the effects of the COVID-19 pandemic on the economy: The wave of jobless claims continued this week with 6.6 million new claims, raising the total to over 16 million over the last three weeks. These numbers support our forecast for an unemployment rate that will temporarily rise to at least 13%.

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NAHB Lauds Reps. Newhouse and McMorris Rodgers for Deeming Housing as ‘Essential’

NAHB Lauds Reps. Newhouse and McMorris Rodgers for Deeming Housing as ‘Essential’

NAHB today commended the efforts of Reps. Dan Newhouse (R-Wash.) and Cathy McMorris Rodgers (R-Wash.) to urge Washington Governor Jay Inslee to include residential construction as “essential” under the state’s “Stay Home, Stay Healthy” order.

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Week 2 Survey Shows Impact of Virus on the Rise

Filed in Construction Industry, Economics, Home Building by on April 6, 2020 0 Comments
Week 2 Survey Shows Impact of Virus on the Rise

The second week of NAHB’s online poll showed that several effects of the coronavirus on the residential construction industry have become more widespread and severe.  Once again, traffic ranked as the most widespread problem, with 93% of respondents saying the coronavirus has had an adverse impact on traffic of prospective buyers.

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How to Obtain an SBA Loan and Have it Forgiven

How to Obtain an SBA Loan and Have it Forgiven

In recent weeks, Congress has adopted three bills aimed at stabilizing the economy, with more to come. The most notable of these was the $2.2 stimulus package (the CARES Act) that President Trump signed into law on March 27. This law contains a nearly $350 billion federal small business loan protection program called the Paycheck Protection Program (PPP) that will provide significant loan forgiveness for small businesses with fewer than 500 employees if employers meet certain criteria.

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Colorado Construction Skills Bootcamp Combats Workforce Shortage

Colorado Construction Skills Bootcamp Combats Workforce Shortage

Colorado Homebuilding Academy’s new free Construction Skills Bootcamp graduates students with a solid foundation of construction skills, exposure to different skilled trades, OSHA-10 certification, career support and networking, and a set of starter tools.

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