Disaster Response

How to Help Builders Stay on the Job

How to Help Builders Stay on the Job

NAHB is committed to ensuring members continue to operate their businesses throughout the coronavirus pandemic as certain states and local municipalities explore “remain in place” orders. Learn more about the advocacy and business resources available to impacted jurisdictions on nahb.org.

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Department of Labor Allows Employers to Weigh In on Family Leave

Filed in Disaster Response, Labor, Safety and Health by on March 24, 2020 0 Comments
Department of Labor Allows Employers to Weigh In on Family Leave

The U.S. Department of Labor (DOL) will be hosting a national online dialogue to provide employers and employees with an innovative opportunity to offer their perspective as the department develops compliance assistance materials and outreach strategies related to the implementation of the Families First Coronavirus Response Act (FFCRA).

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NAHB Encourages Members to Donate Masks to Fight Coronavirus

Filed in Disaster Response, Labor, Safety and Health by on March 24, 2020 0 Comments
NAHB Encourages Members to Donate Masks to Fight Coronavirus

NAHB urges members to contact their local and state HBAs, public health offices and hospitals if they wish to make donations of N95 respirator masks to healthcare workers fighting the coronavirus.

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Multifamily Owners, Renters to Receive FHFA Support

Multifamily Owners, Renters to Receive FHFA Support

The Federal Housing Finance Agency announced today that Fannie Mae and Freddie Mac will offer multifamily property owners mortgage forbearance with the condition that they suspend all evictions for renters unable to pay rent due to the impact of coronavirus. 

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Federal Regulators Urge Banks to Work with Borrowers Affected by COVID-19

Federal Regulators Urge Banks to Work with Borrowers Affected by COVID-19

Federal regulators urged banks and other institutions today to work with borrowers affected by COVID-19, stating that loan modification programs “are positive actions that can mitigate adverse affects on borrowers due to COVID-19.”

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Be Prepared for Changes in the Supply Chain Caused by the Coronavirus

Filed in Disaster Response, Legal by on March 23, 2020 1 Comment
Be Prepared for Changes in the Supply Chain Caused by the Coronavirus

As part of an overall contract assessment, one of the most efficient ways to address unexpected price increases in building materials may be to use an escalation clause. If you do not already include an escalation in your contracts, consider adding one.

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Fed Takes Action to Keep Credit Flowing

Filed in Disaster Response, Economics by on March 23, 2020 0 Comments
Fed Takes Action to Keep Credit Flowing

The Federal Reserve announced today it is taking new action “to support the flow of credit to households and businesses by addressing strains in the markets for Treasury securities and agency mortgage-backed securities.”

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HBI Launches Complimentary Online Learning Alternatives

HBI Launches Complimentary Online Learning Alternatives

The coronavirus pandemic continues to challenge all sectors of our economy and our educational systems. HBI, a national leader for career training in the building industry, announced complimentary access to online learning alternatives for local schools and training programs.

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NAHB Podcast: Coronavirus Updates

Filed in Disaster Response by on March 20, 2020 1 Comment
NAHB Podcast: Coronavirus Updates

In this special edition of the NAHB podcast Housing Developments, NAHB CEO Jerry Howard, Chief Lobbyist Jim Tobin and Chief Economist Rob Dietz provide updates on how the Federation is responding to the outbreak of the COVID-19 illness caused by novel coronavirus.

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An Economic Update from NAHB’s Chief Economist

An Economic Update from NAHB’s Chief Economist

NAHB chief economist is forecasting an economic downturn in the second and third quarters. If social distancing and virus mitigation efforts are effective, the economy should begin the process of rebounding shortly thereafter.

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