News/Blog
ALL NAHB Members Who Have Received a PPP Loan Can Have Their Loan Forgiven
From NAHB Now on October 5, 2021 It may sound too good to be true, but it isn’t: Thanks to NAHB’s recent legal victory, every NAHB member who has received a Paycheck Protection Program (PPP) loan can have their loan forgiven. (Note: as a member of FABA in good...
FEMA Reinstates Federal Flood Risk Standards
Reposted from NAHB Now on August 31, 2021 The Federal Emergency Management Agency (FEMA) on Aug. 27 announced a new interim policy to partially implement the Federal Flood Risk Management Standards (FFRMS) that would require certain structures located in Special Flood...
Biden Administration Announces Steps to Increase Affordable Housing Supply
Reposted from NAHB Now on September 1, 2021 The White House today announced several steps the Biden administration will take “to create, preserve, and sell to homeowners and non-profits nearly 100,000 additional affordable homes for homeowners and renters over the...
Reminder: 2018 Virginia Building Codes Significant Changes
Click here for an overview of the significant changes to the Virginia Construction Code, Virginia Existing Building Code, Virginia Maintenance Code, Virginia Statewide Fire Prevention Code, Manufactured Housing Safety Regulations, and Virginia Certification Standards....
Lawmakers Shine Spotlight on Workforce Development
The U.S. Senate recently passed a bipartisan resolution designating September as National Workforce Development Month, highlighting the importance of equipping Americans with the education and training necessary to advance their careers and rebuild our economy. With...
How to Help Hurricane Ida Relief and Recovery Efforts
Hurricane Ida made landfall this week near Port Fourchon, La., as a category 4 hurricane, bringing estimated wind speeds of 150 mph and devastating flooding to communities throughout Louisiana and Mississippi. In response, NAHB is working closely with state and local...
Employee vs. Independent Contractor is an Important Distinction for Builders
A recent thread on the All Member Forum on NAHB Connect discussed the classification of workers as independent contractors and employees, prompting the following note from NAHB legal staff. Article originally posted on NAHB Now August 25, 2021(NAHBNow.com) Due to the...
Led by OSB, Lumber Products Now Add Nearly $30K to the Price of a New Home, $92 to Rent
Changes in prices for softwood lumber products that occurred between April 17, 2020 and July 8, 2021 have added $29,833 to the price of an average new single-family home, and $9,990 to the market value of an average new multifamily home, according to NAHB’s latest...
Most Home Builders are Small Businesses
New NAHB research shows that despite declining self-employment rates and the rising top builder market share, residential construction remains the industry of independent entrepreneurs. Close to 80% of home builders and specialty trade contractor firms are...
