May 2020
HBAs and Member Companies Participate in Safety Stand Down
NAHB's Spring Leadership Meeting Will Be Virtual NAHB’s senior officers have decided to make the 2020 NAHB Spring Leadership Meeting a virtual session instead of an in-person event. The decision was made in consideration of the safety of members. Dates and times of some meetings may change. Complete details regarding meeting times will be available when registration opens on Monday, May 18.
Home building job sites all over the country stopped work on Thursday, April 16 to educate workers and subcontractors on proper coronavirus safety measures. Hundreds of NAHB member companies and HBAs participated in the national COVID-19 Job Site Safety Stand Down. The hashtags assoc- iated with the stand down were used more than 500 times on social media and generated more than 3.5 million impressions. The safety stand down came out of discussions between the steering members of the Construction Industry Safety Coalition. The Associated General Contractors of America held their stand down on April 9, NAHB on April 16, and Associated Builders and Contractors held theirs on April 23. With materials created by the coalition, home builders, subcontractors, building suppliers, HBAs, and other associated businesses provided focused education on what workers on job sites should do to keep themselves healthy and flatten the curve for all. Safety resources, including a corona- virus preparedness plan and posters in English and Spanish, can be found at NAHB.org/safety.
HBI Extends Free Online Learning The Home Builders Institute (HBI) has extended free online learning alternatives for local schools and training programs through May 31, in response to continued requests for K-12 Career Technical Education (CTE) amid the COVID-19 pandemic. The Flexible Instruction Day materials do not require textbooks or workbooks to accommodate self-paced learning.
IRS Extends Filing Deadline The IRS has significantly broadened its tax return filing and payment relief in response to COVID-19. According to Notice 2020-23, nearly all taxpayers with a filing or payment deadline falling on or after April 1, 2020, and before July 15, 2020, will now have until July 15, 2020 to file returns and make payments without penalties or interest. The expanded relief applies to individuals, partnerships, corporations, estates, and other non-corporate tax filers. New Home Sales Fall 15.4% in March Sales of newly built, single-family homes fell 15.4% to a seasonally adjusted annual rate of 627,000 units in March, coming off a downward revision in February, according to newly released data by the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The March rate is 9.5% lower than the March 2019 pace.
HUD's Carson Joins NAHB Webinar In an exclusive webinar for NAHB members, HUD Secretary Ben Carson and FHA Commissioner Brian Montgomery recently outlined specific measures the agency has implemented to battle the COVID-19 pandemic and lauded the efforts of NAHB during this outbreak. The two housing policy experts also answered detailed questions from NAHB members. A replay of the webinar is available to NAHB members in the Webinars and Town Halls section of nahb.org/coronavirus.
Congress Approves $484 Billion Stimulus Congress has approved a $484 billion relief measure to combat the economic fallout from the coronavirus pandemic. The legislation provides $380 billion in funding for two key small-business loan programs that ran out of money under the CARES Act. Businesses applying for an Economic Injury Disaster Loan may request an advance of up to $10,000 to be delivered within three days of the request. Under the Paycheck Protection Program, small businesses can take out loans equal to 2.5 times their average monthly payroll, up to $10 million.
A recent NAHB survey of professional remodelers shows the negative effect the coronavirus pandemic is having on the decision to remodel. More than 90% of remodelers in the survey reported a slowdown in both the rate at which inquiries are coming in, and in the general willingness of home owners to remodel at this time. Roughly 96% of remodelers said the virus was hurting the rate at which inquiries are coming in, and a full 70% characterized the negative impact on inquiries as major rather than minor. The survey listed eight impacts of the coronavirus on the remodeling market. More than 80% of respondents said the virus was having a noticeable effect on: Homeowner concerns about inter- acting with remodeling crews (86%); Supply of N95 face masks (84%); Cancellations or delays of existing projects (84%). The pandemic is having significant adverse effects on the remodeling market, but the strongest ones are the negative impacts on the behavior of potential customers.
2020 NGBS Now Available The 2020 edition of the ICC-700 National Green Building Standard® (NGBS) has been approved by the American National Standards Institute (ANSI) and is available for public use. As of April 2020, more than 216,000 homes have been NGBS Green certified. The 2020 edition is the fourth edition of the standard. It reflects significant changes based on evolving market conditions and feedback received over the past decade from those using the standard. The NGBS includes high-performance practices in six areas: Lot Design and Development, Resource Efficiency, Water Efficiency, Energy Efficiency, Indoor Environmental Quality, and Building Operation & Maintenance.
States Start Reopening to Building Thanks to efforts by NAHB and state home builder associations, the few remaining states that have halted residential construction activity due the COVID-19 pandemic — Michigan, New York, Pennsylvania, Washington and Vermont — are taking steps to allow home building to resume production. In a critical win for NAHB and the residential construction sector, the Department of Homeland Security (DHS) on March 28 designated construction of single-family and multifamily housing as an “Essential Infrastructure Business.” Although this designation was not binding for individual states, most states followed the federal guidelines. Access NAHB’s updated map showing where construction can continue.
Survey Finds Remodelers Seeing Fewer Customer Inquiries
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Calendar of Events Check GCBA's Monday EMail for current Location & Registration Information. PRISM ENTRY DEADLINE FRIDAY MAY 15th May: Wednesdays 8:30am Coffee & Conversation via Zoom 20th Special Zoom Coffee & Conversation feathuring Michael Weiner. Important industry and COVID updates June: 10th -Builder Only Workshop - How to enroll in Rebate Programs, HousingPortal and more. 17th -Board of Directors Meeting & Awards with Guest Speaker 26th Golf Outing - Madison Green - Date - Registration now open. Sponsorships available! July: Hard Hat Happy Hour Date & Time TBD Lunch & Learn Date & Time TBD August: 26th -PRISM AWARDS, Cucina Cabana Rt 1 N Palm Beach 4pm - 7pm September: 16th -Board of Directors Meeting & Awards with Guest Speaker October: 15th - Annual Meetig of the Members Annual GCBA Halloween Hard Hat Happy Hour November: 19th -Board of Directors Meeting & Awards with Guest Speaker Annual GCBA Casino night December: 4th- Board of Directors 2020/2021 Transitional & Planning Meeting Annual GCBA Holiday Gathering
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Builders T-CON GROUP, INC. Chris Barbara Development Associates Frankel Development HW Automation Inc. Statewide Concrete Finishing A&S Total Cleaning Meir Alarms, Inc. TLOA Mortgage, LLC Residential Elevators, LLC PHSS INC Artistic Elements Evans-Hughes Code Inspections, Inc TrustLarry Inc If you sponsored one of these individuals please let KT or Robin know! We will be having year long contests and recognition for Recruiting & Retention !
GCBA Membership is a TEAM Sport! GCBA's Membership grew by 32% in 2019. The number of members seeing value and renewing also more than doubled! If you brought in a new member please make sure to reach out and personally invite them to attend an event. The Hard Hat Happy HOurs and Lunch & Learns are inexpensive ways to get new members started . Share about the resources and benefits NAHB provides to members and help grown GCBA! Extend the invitation to JOIN NOW. Most people are just waiting to be invited!
GCBA 2020 TOP RECRUITERS 2019 #1 Recruiter Steven Dassa - 28 Deb Giarratana - 6 KT Catlin - 6 Michael Weiner - 1 Jay Huebne - 1 Ethan Nelson - 1 GCBA SPIKE CLUB iMembers reach the GCBA Spike Club once you recruite 5 or more members in the current year. GCBA Spike Club Members will be recgonized at Board Meetings & more!
Here in Palm Beach and Broward counties, we have enjoyed a robust economy, fueled by a strong real estate market, continued development and a seasonal influx of residents. Lately our local economy has enjoyed growth in biotech, technology and manufacturing, all very exciting. We continue to offer one of the most beautiful areas in the country, with unsurpassed beaches and waterways. However, this does not shelter us from this pandemic. While economists and experts alike will continue to find it difficult to predict the outcome of this unique set of circumstances, if there is any certainty looking forward, it is that this too shall pass. Our company has invested in the success of South Florida, and we continue to do so. We are actively lending, and we are happy to lend to builders and contractors. While banks are overwhelmed and their lending timelines have expanded, your business needs to carry on in preparation for a post-pandemic operating environment. TLOA Mortgage LLC offers investors financing for renovation and construction projects. We are open for business and our lending program is backed by solid in-house funding. We are not a middleman. We are here to help build your confidence in our area’s recovery, while you continue to build your projects. David McDonald TLOA Mortgage LLC Direct: 561.889.8209 Email:David@TLOATax.com www.TLOAMortgage.com Submit your article to KT to be highlighted in Associate Spotlight
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ENTRY DEADLINE FRIDAY MAY 15th PRISM Workshop every Wednesday 12:30 pm on ZOOM Sponsorships Available
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