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
focused education on
what workers on job
sites should do to
healthy and flatten
the curve for all.
including a corona-
plan and posters in
English and Spanish,
can be found at
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.
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
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