Disaster Response

FAQs for Those Seeking Small Business Loans Under New Stimulus Law

Filed in Disaster Response, Membership by on April 1, 2020 1 Comment
FAQs for Those Seeking Small Business Loans Under New Stimulus Law

NAHB has put together FAQs for small business owners, self-employed individuals, sole proprietors, and 501(c)(3) organizations who are interested in obtaining small business loans under the newly-enacted CARES Act.

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Fannie, Freddie to Allow Desktop Appraisals on New Construction Loans

Filed in Disaster Response, Housing Finance by on March 31, 2020 0 Comments
Fannie, Freddie to Allow Desktop Appraisals on New Construction Loans

The Federal Housing Finance Agency announced several loan processing flexibilities for Fannie Mae and Freddie Mac, including allowing desktop appraisals on new construction loans.

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Workers on Home Building Sites Should Strictly Adhere to Coronavirus Precautions

Filed in Disaster Response, Labor, Safety and Health by on March 31, 2020 2 Comments
Workers on Home Building Sites Should Strictly Adhere to Coronavirus Precautions

The health and safety of home builders and contractors is our top priority. NAHB helped develop a Coronavirus Preparedness and Response Plan specifically tailored to construction job sites, and workers need to use it.

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Register for Member Webinar: COVID-19 Update for Your Workplace

Filed in Disaster Response, Labor, Safety and Health by on March 31, 2020 3 Comments
Register for Member Webinar: COVID-19 Update for Your Workplace

Join a free member webinar on Wednesday April 1, to understand the paid sick leave and the expanded family leave provisions in the Families First Coronavirus Response Act.

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DHS Designation for Home Building as ‘Essential’ is Not Mandatory

DHS Designation for Home Building as ‘Essential’ is Not Mandatory

The Department of Homeland Security designation of residential construction as an “Essential Infrastructure Business” is good news for the housing industry. However, the designation is advisory in nature and should not be considered a federal directive or standard. To help members determine where builders can stay on the job, NAHB has created a map detailing which states and municipalities have enacted orders that may impact builders.

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NAHB Podcast: Homeland Security and FEMA Announce Provisions for Housing

Filed in Disaster Response by on March 30, 2020 0 Comments

On this special flash episode of Housing Developments, NAHB CEO Jerry Howard announces two new housing provisions from the Department of Homeland Security and the Federal Emergency Management Agency that were announced over the weekend.

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DHS Designates Residential Construction as ‘Essential Infrastructure Business’

DHS Designates Residential Construction as ‘Essential Infrastructure Business’

In a critical win for NAHB and the residential construction sector, the Department of Homeland Security (DHS) today designated construction of single-family and multifamily housing as an “Essential Infrastructure Business.”

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VA Updates Lender, Valuation Guidance for Borrowers Affected by COVID-19

Filed in Disaster Response, Housing Finance by on March 27, 2020 0 Comments
VA Updates Lender, Valuation Guidance for Borrowers Affected by COVID-19

The U.S. Department of Veterans Affairs today issued a circular that provides guidance for VA home loan borrowers affected by COVID-19 and describes temporary measures regarding loan origination, closing and guaranty. The agency also issued a separate notice regarding valuation practices during the pandemic.

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Key Coronavirus Resources for the Housing Industry on NAHB.org

Key Coronavirus Resources for the Housing Industry on NAHB.org

NAHB continues to provide up-to-date economic forecasts, policy updates, business continuity, jobsite safety and communications resources for both NAHB members and HBA staff to help them navigate this current crisis.

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NAHB Chief Economist Provides Economic Update on Impact of COVID-19

Filed in Disaster Response, Economics by on March 27, 2020 0 Comments
NAHB Chief Economist Provides Economic Update on Impact of COVID-19

NAHB Chief Economist Robert Dietz examines incoming data showing the negative effects of the sudden stop for the economy. NAHB is forecasting significant declines for second quarter GDP, followed by an additional drop in the third quarter and a rebound in the final quarter of 2020.

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