Advocacy

Housing Affordability Constraints are Rising

Filed in Economics, Housing Affordability, Material Costs by on March 8, 2021 1 Comment
Housing Affordability Constraints are Rising

The housing industry is being squeezed. While the sector was the bright spot of the economy for 2020 and possesses considerable momentum at the start of 2021, a number of external factors are restraining the industry as well as the nation’s overall economic recovery.

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Senate Passes $1.9 Trillion COVID Relief Package

Filed in Advocacy, Disaster Response by on March 6, 2021 0 Comments
Senate Passes $1.9 Trillion COVID Relief Package

On a party line vote of 50-49, the Senate today passed President Biden’s $1.9 trillion COVID-19 relief package. The legislation differs slightly from the bill passed by the House on Feb. 26. As a result, the House will vote on the amended Senate version before the end of next week.

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Updated Guidance for 501(c)(6) Organizations Seeking PPP Loans

Filed in Advocacy, Disaster Response by on March 6, 2021 0 Comments
Updated Guidance for 501(c)(6) Organizations Seeking PPP Loans

The Small Business Administration has released updated guidance on what constitutes lobbying for 501(c)(6) organizations — which include local and state home builders associations — that seek forgivable loans under the Paycheck Protection Program (PPP).

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Lawmakers Ask Biden and the Justice Department to Act on Lumber

Filed in Advocacy, Material Costs by on March 5, 2021 11 Comments
Lawmakers Ask Biden and the Justice Department to Act on Lumber

Reps. Jim Costa (D-Calif.) and Jodey Arrington (R-Texas) sent a letter to President Biden and the Department of Justice on March 4 urging the administration to respond to rising building materials prices and supply shortages, particularly, lumber, that are harming the housing market and threaten the economic recovery.

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Final Independent Contractor Rule Pushed Back Until May 7

Filed in Advocacy, Labor by on March 5, 2021 0 Comments
Final Independent Contractor Rule Pushed Back Until May 7

The Department of Labor (DOL) has pushed back the effective implementation date of its final independent contractor rule from March 8 until May 7 to “allow the department to review issues of law, policy, and fact raised by the rule before it takes effect.”

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NAHB Strongly Opposes Anti-Business Labor Bill

Filed in Advocacy, Housing Affordability, Labor by on March 4, 2021 0 Comments
NAHB Strongly Opposes Anti-Business Labor Bill

NAHB strongly opposes House legislation that contains dozens of sweeping labor law revisions that would negatively affect the construction labor market at a time of critical skilled worker shortages.

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CFPB Seeks to Delay Mandatory Compliance of General QM Rule

Filed in Advocacy, Housing Finance by on March 3, 2021 0 Comments
CFPB Seeks to Delay Mandatory Compliance of General QM Rule

The Consumer Financial Protection Bureau (CFPB) today proposed to delay the mandatory compliance date of the General Qualified Mortgage (QM) final rule from July 1, 2021 to Oct. 1, 2022.

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Podcast: How the Future of the GOP will Impact Business

Filed in Advocacy by on March 3, 2021 0 Comments
Podcast: How the Future of the GOP will Impact Business

On the latest episode of Housing Developments, NAHB CEO Jerry Howard and Chief Lobbyist Jim Tobin discuss how the evolution of the Republican party will impact how legislative business gets done, which will likely impact the business of NAHB members.

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NAHB Commends Confirmation of Gov. Raimondo as Commerce Secretary

Filed in Advocacy by on March 2, 2021 0 Comments
NAHB Commends Confirmation of Gov. Raimondo as Commerce Secretary

By a vote of 84-15, the Senate today approved the confirmation of Rhode Island Gov. Gina Raimondo as the next U.S. commerce secretary.

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How Rising Lumber Prices Impact More Than Just Home Builders

How Rising Lumber Prices Impact More Than Just Home Builders

The fast price escalation in lumber is having far-reaching consequences throughout the industry, and prohibiting home builders and partner organizations from providing much-needed housing to families across the country.

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