COVID-19 BUILDING INDUSTRY UPDATES
UPCOMING WEBINARS
May 5 at 1:30 p.m.
Dr. James Gaines, Chief Economist with the Real Estate Center at Texas A&M University, will discuss COVID-19’s impact on the local residential construction industry in the short-term and long-term. Q&A session to follow. Register now
May 12 at 10 a.m.
We're live with Congressman Kevin Brady! He'll discuss COVID-19’s impact on the local residential construction industry, with a D.C. perspective. Q&A to follow. Register here
May 18 at 1:30 p.m.
We're live with Patrick Jankowski, Senior Vice President, Research and Regional Economist at the Greater Houston Partnership. Q&A to follow. Register now
HARRIS COUNTY EXTENDS STAY HOME, WORK SAFE ORDER
On Friday, Harris County Judge Lina Hidalgo extended the Stay Home, Work Safe order until May 20. This order will require all nonessential businesses not reopened by Gov. Greg Abbott in his order last week to remain closed. These businesses include: bars, gyms, public pools, amusement parks, bowling alleys, concert and bingo halls, game rooms, indoor sports facilities, barbers, hair and nail salons, as well as massage, tattoo and piercing parlors. 

The order encourages that residents remain home as much as possible to prevent the spread of COVID-19 and minimize social gatherings and contact with people that are not in the same household. It also encourages all businesses that are deemed essential and are operating to follow CDC guidelines for minimum health standards protocols and practice social distancing. Residents are also encouraged to wear face coverings when in public, but that is not mandated. 

It does require that if anyone in a household has tested positive, every member of the household must isolate at home until cleared by a public health authority or medical provider.  

This order does not infringe or supersede on what the Governor issued last week.
SBA NOW TAKING PPP LOAN APPLICATIONS; NEW EIDL APPLICATION ON HOLD
The new $484 billion aid package approved by Congress includes $60 billion to renew funding for the Economic Injury Disaster Loans (EIDL) program and adds $320 billion to the Paycheck Protection Program (PPP). Those who were caught in the middle of the loan application process when funding ran dry need to know the following:

The Small Business Administration (SBA) resumed accepting PPP loan applications as of 10:30 a.m. EDT on Monday, April 27.

The SBA is currently not accepting new EIDL applications. However, if you were in the process of applying for a EIDL loan and have an application number that begins with the No. 3 , your application remains in the queue and you do not need to reapply for a loan .

More information on the PPP and EIDL loan programs can be found here .

NAHB will be fighting for additional funding for the PPP and EIDL loan programs in the next congressional stimulus package.
For more visit ghba.org/covid19