Disaster Response

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.

Continue Reading »

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).

Continue Reading »

FHFA Extends COVID-19 Multifamily Forbearance through June 30

Filed in Disaster Response, Multifamily by on March 4, 2021 0 Comments
FHFA Extends COVID-19 Multifamily Forbearance through June 30

The Federal Housing Finance Agency (FHFA) today announced that Fannie Mae and Freddie Mac (the Enterprises) will continue to offer COVID-19 forbearance to qualifying multifamily property owners through June 30, 2021, subject to the continued tenant protections FHFA has imposed during the pandemic. The programs were set to expire March 31.

Continue Reading »

OSHA Issues New Guidance on COVID-19 Safety; New Safety Standard Likely Forthcoming

Filed in Disaster Response, Safety by on February 24, 2021 1 Comment
OSHA Issues New Guidance on COVID-19 Safety; New Safety Standard Likely Forthcoming

Late last month, OSHA issued “stronger safety guidance” on mitigating and preventing the spread of COVID-19 in the workplace. This could signal a forthcoming emergency temporary standard that OSHA inspectors would enforce.

Continue Reading »

IRS, HUD Grant Texans Relief After Disaster Declaration

Filed in Disaster Response by on February 23, 2021 0 Comments
IRS, HUD Grant Texans Relief After Disaster Declaration

In response to the toll this month’s winter storms have taken on Texas and other states, the Internal Revenue Service (IRS) has extended many tax filing deadlines to June 15, 2021. Separately, the U.S. Department of Housing and Urban Development announced its own relief for mortgages insured by the Federal Housing Administration (FHA) for those living in areas affected by the severe winter storm.

Continue Reading »

A Special 2-Week PPP Window for Companies with Fewer than 20 Employees

Filed in Advocacy, Disaster Response by on February 22, 2021 3 Comments
A Special 2-Week PPP Window for Companies with Fewer than 20 Employees

The Biden administration is establishing a two-week window starting on Wednesday, Feb. 24, in which only businesses with fewer than 20 employees — the overwhelming majority of small businesses — can apply for Paycheck Protection Program (PPP) forgivable loans.

Continue Reading »

Winter Safety Tips for Homes and Jobsites

Filed in Disaster Response by on February 19, 2021 1 Comment
Winter Safety Tips for Homes and Jobsites

Access information and resources to navigate severe winter weather this season.

Continue Reading »

Civil Case Over Face Masks Could Impact Home Sales Offices

Filed in Disaster Response, Legal by on February 15, 2021 2 Comments
Civil Case Over Face Masks Could Impact Home Sales Offices

Nike, Inc. has reportedly agreed to settle a class action lawsuit filed by a deaf California resident that could impact any business that deals with customers requiring accommodation, including home sales offices.

Continue Reading »

Biden Stimulus Plan on a Legislative Fast Track

Filed in Advocacy, Disaster Response, Housing Affordability by on February 10, 2021 11 Comments
Biden Stimulus Plan on a Legislative Fast Track

Twelve House committees have begun consideration of President Biden’s $1.9 trillion COVID relief plan using a procedural process known as reconciliation. Reconciliation allows the legislation to avoid the Senate filibuster, meaning a simple majority vote is needed for Senate passage, but also imposes some limitations on what can be included in the bill.

Continue Reading »

Biden’s Broad Stimulus Package Will Help Housing

Biden’s Broad Stimulus Package Will Help Housing

While NAHB supports bipartisan efforts to to reach an agreement on a coronavirus relief package, the association believes President Biden’s $1.9 trillion plan offers a better path forward to boost the housing sector and economy than the $618 billion Republican alternative put forth by 10 U.S. senators. The White House has also expressed a willingness to continue talks with NAHB regarding lumber price and supply issues.

Continue Reading »