NAHB Now's Latest Posts
Labor Market Improvement Follows Housing Strength
Recent economic data have shown rapid improvement relative to dramatic declines in mid-spring. And housing has led the way.
NAHB and Hanley Wood Announce New Partnership
Hanley Wood/Meyers Research and NAHB today announced that BUILDER will cease to be the official magazine of NAHB at the end of 2020, as the two organizations prepare to launch a new home building data platform for NAHB members.
NAHB Closed to Commemorate Independence Day
NAHB’s office is closed July 3 to commemorate our nation’s birthday.
Message from NAHB Third Vice Chairman Candidate Carl Harris
Carl Harris, the candidate for the NAHB 2021 Third Vice Chairman, prepared a video address for the virtual Leadership Council meeting on June 19.
HBI Joins National Campaign to Promote Jobs in Energy-Efficiency Sectors
HBI joined a national campaign to raise awareness about career opportunities in the energy-efficiency sectors, with a focus on fostering a talent pipeline that is inclusive of low-income and other underserved populations.
Congress Extends PPP Through Aug. 8
The House Wednesday night unanimously approved an extension of the Paycheck Protection Program (PPP) through Aug. 8. The Senate voted Tuesday to extend the program, just hours before it expired at midnight.
IRS Provides Temporary Relief for LIHTC
In a victory for NAHB and its members, the Internal Revenue Service today announced temporary relief from certain requirements under Section 42 of the Internal Revenue Code for Low-Income Housing Tax Credit (LIHTC) projects. In light of financing and construction delays and other challenges resulting from COVID-19, NAHB requested in April that the IRS extend all relevant LIHTC deadlines.
NAHB Committees, Councils Strengthen BUILD-PAC’s Coffers for November Elections
Throughout the week of NAHB’s Spring Leadership Virtual Meetings, council and committee chairs reached out to their members to share the importance of investing in their businesses through BUILD-PAC. By the end of the week, 10 NAHB committees and council Board of Trustees achieved 100% participation in BUILD-PAC, NAHB’s bipartisan political arm that helps elect pro-housing, pro-business candidates to federal office.
New Home Sales Jump in May as Housing Rebound Continues
In a further sign that the housing market is rebounding from the COVID-19 pandemic, sales of newly built, single-family homes rose 16.6% to a seasonally adjusted annual rate of 676,000 units in May from a downwardly revised reading in April, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The May rate is 12.7% higher than the May 2019 pace.
NAHB Announces New Chairman
At the conclusion of last Friday’s Spring Leadership Meetings, NAHB Chairman Dean Mon informed the Board of Directors that he would be unable to complete the remainder of his term due to personal reasons and was resigning his chairmanship. Effective immediately, NAHB First Vice Chairman Chuck Fowke, a custom home builder from Tampa, Fla., will take on the duties of chairman.
