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Wednesday, April 15, 2020Coronavirus' effect on mortgage volume likely limited to 1H20
The brunt of the coronavirus' impact on the housing market will hit in the first half of 2020, with a likely recovery and pick up in home sales in the second half, according to Freddie Mac. "Although the uncertainty of the crisis means forecasts of economic activity are more unclear than usual, we expect that most of the economic damage from the virus will be contained to the first half of the year," Sam Khater, Freddie Mac's chief economist, said in a press release. "Going forward, we should see a
Monday, March 30, 2020DOL Explains Paid Sick Leave, Expanded Family and Medical Leave Benefits
March 27, 2020 U.S. Department Of Labor Publishes More Guidance for Workers and Employers Explaining Paid Sick Leave, Expanded Family and Medical Leave Benefits WASHINGTON, DC –Today, the U.S. Department of Labor’s Wage and Hour Division (WHD) announced more guidance to provide information to workers and employers about how each will be able to take advantage of the protections and relief offered by the Families First Coronavirus Response Act (FFCRA) when it takes effect on April 1, 2020. The new
Monday, March 30, 2020Small Business Administration Loans & Local Lender Locations
Many FDIC-backed banks will be able to offer the SBA economic injury disaster loan (EIDL) and 7(a) loan. Click hereto view our financial institution members. The Jefferson Economic Development Commission released this list of SBA approved lenders in Louisiana. Click here The application may be submitted online through the SBA’s website: https://disasterloan.sba.gov/ela/. Details about the loan program are as follows:Loans may be made in an amount of up to $2,000,000 per borrower.Loans carry an
Thursday, March 26, 2020Construction Job Site Guidance for Coronavirus
The Construction Industry Safety Coalition (CISC) today published guidance for construction employers, employees and contractors on coronavirus exposure prevention, preparedness and response. NAHB is a key member of CISC. The guidance describes how to prevent worker exposure to coronavirus, protective measures to be taken on the job site, personal protective equipment and work practice controls to be used, cleaning and disinfecting procedures, and what to do if a worker becomes sick. The documents are
Thursday, March 26, 2020Recommendations for Construction Jobsite Safety
NAHB is a leading member of the Construction Industry Safety Coalition (CISC), which has provided a detailed plan to outline the steps that every employer and employee can take to reduce the risk of exposure to COVID-19. The plan describes how to prevent worker exposure to coronavirus, protective measures to be taken on the jobsite, personal protective equipment and work practice controls to be used, cleaning and disinfecting procedures, and OSHA guidance on what to do if a worker becomes sick.CISC
Thursday, March 26, 2020Small Business Resources - COVID-19
Health and government officials are working together to maintain the safety, security, and health of the American people. Small businesses are encouraged to do their part to keep their employees, customers, and themselves healthy. Economic Injury Disaster Loan ProgramSBA Express Bridge LoansGuidance for Businesses and EmployersSBA Products and ResourcesGovernment ContractingLocal AssistanceEconomic Injury Disaster Loan Program Small business owners in all U.S. states and territories are currently eligible
Tuesday, March 24, 2020Coronavirus Impact on Construction Projects
Construction projects are expected to take a hit thanks to the COVID-19 (coronavirus) pandemic. From scheduling delays to challenges acquiring materials and labor, projects will move forward at a different pace, requiring general contractors to keep up. In this on-demand webinar, Susan Eccles shares insights for construction industry players on what to expect thanks to the coronavirus. Learn about documents you need to review now, as well as how and when to take action to ensure progress or
Monday, March 23, 2020Unemployment Insurance Rule and Information: Louisiana Workforce Commission
Louisiana Workforce Commission’s Office of Workers’ Compensation has issued an emergency rule that aims to ensure that injured workers receive the medical attention their injury warrants under the Louisiana Workers’ Compensation Act. [Scroll down to see links for Unemployment Insurance]. (Cont'd) The rule is effective from March 19 until April 13. It includes the following:Workers’ compensation insurers should accept an approved LWC-WC 1010 for longer than thirty (30) days, especially if a treatment
Friday, March 20, 2020Louisiana Parishes Eligible for COVID-19 Business Aid
Gov. John Bel Edwards announced that small businesses in all 64 Louisiana parishes will have access to federal Small Business Administration disaster aid in the wake of the COVID-19 crisis. SBA Administrator Jovita Carranza confirmed that Louisiana’s more than 440,000 small businesses are eligible to apply for low-interest federal disaster loans, which will be made available to eligible firms suffering substantial economic injury as a result of the Coronavirus. “COVID-19 is a unique crisis affecting all
Thursday, March 19, 2020Revised Bill Signed into Law Requiring Small Businesses to Provide Paid Leave due to Coronavirus
Revised Bill Signed into Law Requiring Small Businesses to Provide Paid Leave due to Coronavirus On Monday, March 16, the House of Representatives went back to the drawing board and made “corrections” to its Emergency Family First Response Act. The revised bill somewhat decreases the financial burden on small businesses and changes the circumstances under which employers are required to continue to pay their employees for COVID-19 related reasons. On March 18, the Bill was passed in the Senate without
Thursday, March 19, 2020Coronavirus Could Affect OSHA Compliance on Home Building Sites
Coronavirus Could Affect OSHA Compliance on Home Building Sites The effects of the COVID-19 illness associated with a new coronavirus have already proven to be extraordinarily broad, ranging from the obvious strain on countries’ healthcare systems to a global economic slowdown spurred by social distancing and reduced commerce. Those impacts might be felt for months to come. But NAHB has identified at least two areas of concern for home builders in the short term, both related to compliance with OSHA
