IN THE NEWS
A P R I L 2020
Congress Approves $2 Trillion Stimulus
The Senate voted unanimously March 25 to approve a $2 trillion economic stimulus package in response to the coronavirus pandemic that has wreaked havoc on the U.S. economy. The House passed the measure on March 26, and President Trump was expected to sign it shortly thereafter.
The CARES Act would make direct payments of $1,200 to most individuals earning up to $75,000, or $2,400 for couples earning up to $150,000. It also provides an additional $367 billion in loans for small businesses to help deal with payroll issues.
Cypress Homes & Design
New Haven Construction
Atlantic Pest & Termite Mgmt.
Malibu Shower Enclosures of SC
Mercant Pro Express
Zimpel Granite & Marble
Building the Future of the Lowcountry
Public Services Resource List Available Now
FEBRUARY & MARCH 2020 NEW MEMBERS
For those in the trade relying on public services such as municipal planning, inspection, water/sewer departments etc. - The CHBA is working with local jurisdictions regularly for the most up-to-date information. For the latest updates, go the CHBA website atwww.hbacharleston.com.
We encourage you to continue safe social practices in the workforce to ensure the construction industry remains a crucial component during these trying times. For more information on how you can practice jobsite safety visit theNAHB site here.
Construction Site Coronavirus Safety Tips
The Construction Industry Safety Coalition, of which NAHB is a leading member, has published guidance for construction employers, employees and contractors on coronavirus exposure prevention and preparedness.
The guidance describes how to prevent exposure to coronavirus, protective measures to take on the job site, personal protective equipment, work practice controls, cleaning and disinfecting procedures, and what to do if a worker becomes sick. The documents are specifically tailored to construction job sites.
Clay Shoot Tournament
TENTATIVE DATE: Tuesday, May 19th 9:00AM Start
Presented by: Sherwin Williams Co.
FHFA Announces Forebearance Measures
The Federal Housing Finance Agency has announced that Fannie Mae and Freddie Mac will offer multi- family property owners mortgage forbearance on the condition that they suspend evictions for renters unable to pay rent due to the impact of coronavirus. FHFA also announced Fannie Mae and Freddie Mac will suspend foreclosures and evictions for enterprise- backed single-family mortgages at least 60 days.
The CHBA has worked diligently during this time of uncertainty to ensure the building community stays strong and an essential business designation. During the last 15 days, the CHBA has ran two campaigns
MARKETING FOR YOU
One campaign focused around the needs of the hospitals. The first week proved to be a huge success thanks to your response to this call to action. We collected:
144 safety glasses
1,400 disposable gloves
505 safety masks
40 disposable lab coats
We want to keep this going as well. Please continue to donate as you can to any of the Builders First Source or Professional Builder Supply locations in town. I will pick up every Thursday and take all donations to the MUSC donor site.
The other CHBA’s marketing campaign has focused on how the home building industry is prepared to meet the needs of the homebuyer with purchasing a home virtually from tour to contract. We ran ads with CUMULUS and The Post & Courier, both online, in print and through social media.We would like to keep the message going with your help.Any donation goes directly to the cause. To date, we have raised $7,000 of the $13,610. The closer we get to our goal, the more we send the message to homebuyers.
CFPB Relaxes Rules During Crisis
The Consumer Financial Protection Bureau is providing needed flexibility to enable financial companies to work with customers in need as they respond to the COVID-19 pandemic. The agency is post- poning some data collections from the industry on CFPB rules to allow companies to focus on responding to consumers in need and making changes to its super- visory activities to account for operational challenges at regulated entities.
The CFPB will not expect quarterly information reporting by certain mortgage lenders as required under the Home Mortgage Disclosure Act. During this time, entities should continue collecting and recording HMDA data in anticipation of making annual submissions.
Ward Mungo Vice President
Lane Baker Past President
For a full list of life board
members, visit our website hbacharleston.com
Check out our calendar
on the CHBA website or Facebook page
for up-to-date events.
Meetings, classes, and events will be postponed until public health officials announce it is safe for public gatherings. Below is a list of TENTATIVE Dates for Upcoming Events and events that have been POSTPONED until further notice.
CLAY SHOOT TOURNAMENT
Kiawah Island Shooting Club
9:00 a.m., May 19
9:00 a.m., June 30
4/2 IRC Codes Class updates
4/7 Membership 101
4/9 L&L CEU Class: Quartz Fabrication
4/15 CEU Class: Light Control
4/20 – 4/22 CEU Class: New Home Sales
We appologize for the inconvenience and appreciate your understanding.
**if you have any questions or need an extension contact Ashley at email@example.com
COVID-19 Affecting Buyer Traffic
A new, weekly survey of single-family home builders and other NAHB members con- firmed the coronavirus is having a signifi- cantly adverse effect on business. A drop in prospective buyer traffic was, by far, the most widespread concern.
Issues respondents noted as a problem include:
Drop in prospective buyer traffic;
Supply of N95 respirator face masks;
Time to obtain a plan review;
Supply of building products/materials;
Amount buyers are willing to pay for
a new home;
Time it takes building department to respond to an inspection request;
Willingness of workers and subs to report to a jobsite.
The U.S. Department of Labor announced guidance to employers and employees about how each can take advantage of the protections and relief offered by the Families First Coronavirus Response Act (FFCRA), which takes effect April 1.
The guidance includes a fact sheet for employees, a fact sheet for employers and a question and answer document to address critical questions, such as:
How an employer counts employees to determine coverage;
How small businesses can obtain
How to count hours for part-time employees; and
How to calculate the wages employ- ees are entitled to under this law.
The FFCRA will give American businesses with fewer than 500 employees funds to provide employees with paid leave, either for the employee’s own health needs or to care for family members. The measure is designed to ensure that workers are not forced to choose between their paychecks and the public health measures needed to combat the virus, while at the same time reimbursing businesses.
DOL Offers Guidance on Families First Coronavirus Response Act Builders' Show
Jobsite Safety Guidance to Mitigate Coronavirus
As a key member of the Construction Industry Safety Coalition (CISC), NAHB recently helped publish valuable resources for construction employers, employees and contractors on coronavirus exposure prevention, preparedness and response.
For more information, head to hbacharleston.com
EPA Announces Water Rule at IBS
EPA Administrator Andrew Wheeler announced a final “waters of the United States” (WOTUS) rule during the International Builders’ Show in Las Vegas.
“The Navigable Waters Protection Rule is a big win for states, municipalities, builders and developers, landowners and the American public,” Wheeler said in remarks to NAHB’s Leadership Council. “It will make it easier to understand where the Clean Water Act applies and, as importantly, where it does not.”
The EPA administrator noted the new water rule is good for the economy and the environment.
To better serve the needs of its members, industry partners and other key stakeholders, NAHB recently unveiled an all-new nahb.org website.
The site not only features a much more modern look, but also greatly improved search performance, enhanced content functionality and improved navigation for a better user experience.
Joint Employer Rule
In a win for NAHB, the Labor Department in January announced a final rule to provide a clearer method for determining joint employer status.
The rule will provide clarity and certainty regarding employers' responsibility to pay federal minimum wage and overtime for all hours worked over 40 in a week.
The new rule will take effect March 16. It includes a set of joint employment examples to further assist in clarifying joint employer status.
New App Offers Accessibility Guidance
NAHB unveiled the "Pocket Guide to the Fair Housing Act," a free app to help home builders, contractors and designers meet the accessibility requirements of the act, during the Builders' Show in Las Vegas.
“HUD welcomes the efforts of this important housing industry partner in working to meet the needs of persons with disabilities,” HUD Secretary Ben Carson told NAHB's Leadership Council.
President Trump Signs USMCA Trade Pact
In a positive development for the housing industry, President Trump on Jan. 29 signed the U.S.-Mexico- Canada Agreement (USMCA).
The U.S. residential construction and remodeling industries rely on tens of billions of dollars in building materials sourced from Mexico and Canada each year. By modernizing and strengthening free trade with our largest trade partners, the USMCA will boost U.S. economic growth and help keep the price of homes and home improvements low.