House Bill Would Allow HBAs to Access PPP Loans
At NAHB's urging, Reps. Chris Pappas (D-N.H.), Brian Fitzpatrick (R-Pa.), Gil Cisneros (D-Calif.) and Greg Steube (R-Fla.) have introduced legislation that would allow trade associations that serve the home building industry — including the hundreds of home builder associations throughout the nation — to access small business loans under the next round of funding for the Paycheck Protection Program (PPP).
NAHB has been working diligently to ensure that as Congress develops the next economic relief package, it takes additional steps to ensure broader builder eligibility under the PPP so that land developers, multifamily property owners and state and local HBAs have access to this loan program. The bill introduced today would allow 501(c)(6) nonprofits now experiencing their own financial challenges brought on by COVID-19 to be eligible for PPP small business loans.
In a statement commending the four lawmakers for introducing the bill, NAHB Chairman Dean Mon said: "Ensuring that trade associations that serve the industry have access to the PPP will allow them to provide critical resources and support to the small home building firms that are on the front lines working to provide sorely needed housing for Americans as the nation moves forward during this pandemic. We urge the House to move swiftly to pass this legislation and for the Senate to follow suit."
Latest from NAHBNow
Dec 04, 2025
How IBS 2026 Can Provide a Tech-Focused Strategy for Your BusinessTechnology is no longer optional. Whether in estimating, virtual tours, CRM workflows or jobsite visibility, smart tech is a differentiator for your company. Check out these three key tools at the 2026 NAHB International Builders’ Show® (IBS) in Orlando to help you get a jumpstart on tech for your business in the coming year.
Dec 03, 2025
Top and Bottom 10 Markets for House Price AppreciationSince the onset of the COVID-19 pandemic, house prices have surged nationally. Between the first quarter of 2020 and the third quarter of 2025, house prices climbed 54.9% nationwide, with more than half of metro areas exceeding this rate. See which markets have seen the biggest increases — and the least.
Latest Economic News
Dec 04, 2025
Number of Bathrooms in New Single-Family Homes in 2024Single-family homes started in 2024 typically had two full bathrooms, according to the U.S. Census Bureau’s Annual Survey of Construction. Homes with three full bathrooms continued to have the second largest share of starts at around 23%. Meanwhile, both homes with four full bathrooms or more and homes with one bathroom or less made up under ten percent of homes started.
Dec 03, 2025
House Price Appreciation by State and Metro Area: Third Quarter 2025House prices continued to rise in the third quarter of 2025, though the pace of growth slowed as elevated mortgage rates, affordability challenges, and persistent economic uncertainty weighed on consumer demand. After several years of rapid growth, Hawaii and 38 metro areas saw house price declines this quarter, highlighting significant regional variations in market conditions.
Dec 02, 2025
Single-Family Construction Loan Volume Rises in the Third QuarterSingle-family construction lending picked up in the third quarter, amidst the overall cooling lending environment. Loan balances for 1-4 family construction grew to $91.2 billion in the third quarter, registering the first annual increase in over two years.