Tag: legislative
Paycheck Protection Program Loan Deadline is Aug. 8
As the Aug. 8 deadline approaches to apply for a small business loan through the Paycheck Protection Program (PPP), NAHB continues to urge Congress to extend the deadline and ensure broader builder eligibility under the PPP so that land developers, multifamily property owners and state and local home builder associations have access to this loan program.
Several States Pass Laws Regarding COVID-19 Liability Immunity
Ten states have passed legislation, or have had their governor sign executive orders, granting businesses immunity from civil liability for COVID-19 related lawsuits.
Senate Relief Package Would Allow Many HBAs to Access PPP Loans
Senate Republicans and the White House released a new $1 trillion coronavirus relief package Monday that includes key provisions for which NAHB has advocated. NAHB continues to urge lawmakers to include its housing priorities in the final package.
Senate Approves House-Passed PPP Bill
By unanimous consent, the Senate on June 3 approved legislation passed by the House last week that will liberalize rules under the Paycheck Protection Program (PPP) to give business owners more time to have the loans forgiven by the U.S. government. President Trump is expected to sign the legislation into law shortly.
House Passes Bill to Expand Loan Forgiveness Provisions of PPP Loans
By an overwhelming vote of 417-1, the House on May 28 approved legislation that would liberalize rules under the Paycheck Protection Program (PPP) to give business owners more time to have the loans forgiven by the U.S. government.
Oklahoma Governor Signs Housing Affordability Bill into Law
In a victory for home builders and housing affordability, Oklahoma Governor Kevin Stitt (R) has signed SB 1713 into law. The legislation will limit cities and counties from regulating purely aesthetic building design that would needlessly raise the cost of housing.
House Passes Relief Bill That Would Allow HBAs to Access Business Loans
House Democrats have passed a $3 trillion relief package that would allow trade associations that serve the home building industry — including the hundreds of home builder associations throughout the nation — to access small business loans under the next round of funding for the Paycheck Protection Program (PPP).
Congress Approves $484 Billion Coronavirus Relief Package
Congress has passed a $484 billion relief measure to combat the economic fallout from the coronavirus pandemic. The legislation renews funding for two key small-business loan programs that ran out of money under the CARES Act by providing $320 billion for the Paycheck Protection Program (PPP) and $60 billion for the Economic Injury Disaster Relief (EIDL) program.
Virginia Home Builders Log Big Wins During 2020 Legislative Session
Of more than 3,600 pieces of legislation introduced during the 2020 Virginia General Assembly, the Home Builders Association of Virginia’s (HBAV) government affairs team found 270 that had a direct or indirect impact on residential land development and construction, and worked hard to defeat several bills and resolutions that could have harmed housing affordability and economic growth in the Commonwealth.
Congress Approves $2.2 Trillion Economic Stimulus Package
Congress has approved a $2.2 trillion economic stimulus package in response to the coronavirus pandemic that has wreaked havoc on the U.S. economy. The CARES Act includes several provisions to help small businesses and those engaged in the residential construction sector.
