Good Morning Folks,

The summer goes by so fast. Our Annual Bowling Bash signals the end, with Labor Day sealing the deal on September 7th, book-ending the romantic season of youthful dreams.

Great Balls of Rolling

Bowlers and spectators of 120 sold out Fantasy Springs Bowling Center! There were 5 Winning Teams: 1st Place went to team "Hot Purple Balls," i.e. Hot Purple Energy, 2nd Place went to team "Chuck Ballas," i.e. Friends of the Desert Mountains, 3rd Place went to team "Solar Strikers," i.e. Planet Solar, and Last Place went to "The Loan Rangers," i.e. California Bank & Trust. California Bank & Trust also won Best Team Name!  

Thanks go to the management team at Fantasy Springs Bowling Center, Juan, Jose, and Nellie, and their entire staff. They did an amazing job in managing the entire event! Also, a special thank you to Karen Jaffie with The Friends of the Desert Mountains, who did a great job announcing our winners, participants, and Fantasy Springs Bowling Center.

Deficit Danger

While the US debt just crossed the $40 trillion mark, what matters much more is debt held by the public, and it’s “only” $32.3 trillion. The difference is intragovernmental debt. But even that number needs context. The critical number: the debt-to-GDP ratio, which, with 26Q2 GDP at roughly $32.5 trillion, is about 100%, near levels last seen just after WWII. The real problem; the staggeringly large 6% annual deficit.

From Elliot Eisenberg – Bowtie Economist  www.econ70.com

Please check out our partner’s Greater Palm Springs Business News Report from Friday.

Greater Palm Springs Business News

Best wishes,

James Brownyard

Executive Director

Mission Statement The DVBA is an association of building industry professionals, representing all levels of the construction industry and committed to ensuring that building of all types remain vibrant and strong in our region. We are dedicated to providing excellence in community development while protecting the natural beauty of the Coachella and Imperial Valleys.



Vision Statement To be an industry sector leader and collaborative partner in the complex economic and regulatory environments of the Coachella and Imperial Valleys.

Upcoming Events

New! Bring Business Cards to Make Connections and Win a Free Luncheon Admission!

Starting at our upcoming luncheons, we'll have a business card fishbowl. Drop in your card to:


• Connect with other attendees through a post-event business card directory emailed to attendees.
• Be entered to win free admission to our next DVBA luncheon!

It's one more way we're making our luncheons even more valuable for members.

Want to see your business featured here? Contact vickie@thedvba.org

Latest Industry and Legislative News

ROAD to Housing’s Community Bank Provisions Broaden Builder Financing Options

The 21st Century ROAD to Housing Act includes nine provisions designed to strengthen small financial institutions, including community banks, by easing regulatory burdens, reducing funding costs, and encouraging the creation of new banks.

👉 Read More

Trump Administration Seeks Full Repeal of Roadless Rule

The Trump administration announced that it is seeking to fully rescind the 2001 Roadless Area Conservation Rule (“Roadless Rule”), which bars road building on more than 44 million acres of federal forest land.

👉 Read More

Summer homebuying traffic is 'almost non-existent': NAHB CEO

The National Association of Home Builders (NAHB) reported that builder confidence remains below a reading of 40 for its 16th-straight month.

👉 Read More



Closed-door bailout for private utilities would leave cities and wildfire survivors footing the bill

Gov. Gavin Newsom is putting his might behind a last-minute bailout for private utility giants that cause wildfires. The yet-unveiled proposal is expected to dramatically limit how much money cities, insurance companies, and even individuals can recover from utility companies.

👉 Read More

Make sure to check out the NAHB Membership Savings program for numerous discounts!

Bill Tracking:

SACRAMENTO – Governor Gavin Newsom today announced that he has signed the following bills:

• AB 2153 by Assemblymember Marc Berman (D-Menlo Park) — Voter registration: residency confirmation.
• AB 2323 by Assemblymember Tina McKinnor (D-Inglewood) — Publication: newspapers of general circulation.
• SB 1429 by the Committee on Elections and Constitutional Amendments — Elections.
• SB 1430 by the Committee on Elections and Constitutional Amendments — Elections.



For full text of the bills, visit: http://leginfo.legislature.ca.gov.

STAY CONNECTED