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Fannie, Freddie to Delay Mortgage Refinancing 0.5% Surcharge Until Dec. 1 After strong opposition from NAHB and many other housing, consumer advocacy, and banking groups, the Federal Housing Finance Agency (FHFA) said today that it has ordered Fannie Mae and Freddie Mac to delay until Dec. 1, 2020, the implementation of a new 0.5% surcharge…

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covid19

An Open Letter on Coronavirus Safety from NAHB Chairman to Residential Construction Workers NAHB Chairman Chuck Fowke today sent an open letter to the nation’s residential construction workers imploring them to continue following guidance to prevent the transmission of coronavirus in the face of rising cases nationwide. Read the letter below: Dear Colleagues, As chairman…

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PPP Loan Forgiveness Program

SBA and Treasury Release PPP Loan Forgiveness Application From NAHBnow.com The U.S. Small Business Administration, in consultation with the U.S Department of the Treasury, has released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application. The form and instructions inform borrowers how to apply for forgiveness of their PPP loans,…

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Coronoavirus Safety

New NAHB Video Toolbox Talk Provides Guidance on Coronavirus Safety NAHB has published a video toolbox talk that demonstrates proper safety precautions for workers on a home building job site to prevent the transmission of the new coronavirus that causes the COVID-19 illness. The video, available in English and Spanish, is intended to provide live…

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Coronoavirus Safety

NAHB Updates Job Site Coronavirus Safety Guidance for Construction Posters The Construction Industry Safety Coalition (CISC) has published important updates to its guidance for construction employers, employees and contractors on coronavirus exposure prevention, preparedness and response. NAHB is a key member of CISC. The Coronavirus Preparedness and Response Plan for Construction describes how to prevent…

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covid19

Register for this Week’s Coronavirus Response Webinars NAHB has hosted 12 webinars this month to provide members with guidance on a variety of topics related to the impact of the coronavirus pandemic on business operations. These webinars give members an opportunity to ask questions directly to NAHB staff and outside experts. NAHB continues its Coronavirus…

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COVID Safety Posters and Governor Abbott’s Executive Order on Essential Services Please find COVID Safety Posters in English and Spanish for your work sites as well as an Employee Safety Poster for your offices, showrooms and warehouses.  It is recommended that you post these posters at all of these locations.  Many GSABA members have been…

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Update from DHS on Essential Infrastructure Business 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 Coronavirus Aid, Relief, and Economic Security (CARES) Act includes several provisions to help small businesses and those engaged in the residential construction sector. The…

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Critical Government Affairs Update – Essential Workers On Saturday, March 28th the Department of Homeland Security/Cybersecurity and Infrastructure Security Agency (CISA) released their updated list of critical infrastructure/essential services to include residential construction and many construction related services. Many thanks to the leadership of the National Association of Home Builders (NAHB) and others in Washington…

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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.” The designation will enable many home building firms to keep their businesses open during the COVID-19 pandemic…

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