NAHB Sends White House Policy Proposals to Boost Housing and the Economy

Disaster Response
Published

NAHB recently sent the White House a list of policy recommendations designed to help the residential construction industry survive the COVID-19 economic disruption and be a force that leads the economy out of recession.

As part of the Great American Economic Revival Industry Groups, NAHB joins key industry leaders and groups brought together by President Trump to advise the White House on reopening the economy after the shutdown necessitated by the pandemic.

NAHB’s proposals fall into several categories, including meeting the short-term needs of the housing industry and increasing housing supply.

Short-term proposals would:

  • Improve access to the Small Business Administration (SBA) Paycheck Protection Program for single-family and multifamily builders and developers;
  • Advance the maximum $10,000 amount to all applicants of the SBA Economic Injury Disaster Loan (EIDL) program;
  • Ensure the effectiveness of the Federal Reserve’s “Main Street Lending Program” for single-family and multifamily developers;
  • Provide direct rental assistance and other solutions to multifamily owners to address lost rental payments; and
  • Temporarily increase mortgage limits in high-cost areas for FHA, Fannie Mae and Freddie Mac.

Policy recommendations to provide critical support to housing production include:

  • Creating a secondary market for acquisition, development and construction loans;
  • Shifting homeownership tax incentives from a deduction to a credit;
  • Establishing a permanent minimum 4% credit floor for the Low-Income Housing Tax Credit;
  • Revising Federal Housing Administration condominium regulations to allow approvals for proposed or under construction projects; and
  • Increasing funding for workforce development programs.

These are just some of the overall policy recommendations presented to the White House. The complete list, which includes detailed analysis of all the proposals, can be found on nahb.org.

Subscribe to NAHBNow

Log in or create account to subscribe to notifications of new posts.

Log in to subscribe

Latest from NAHBNow

Advocacy | Economics

Jun 18, 2025

Podcast: Mid-Year Update on Economic Indicators and Advocacy Priorities

On the latest episode of NAHB’s podcast, Housing Developments, COO Paul Lopez welcomes NAHB Chief Economist Dr. Robert Dietz and Chief Advocacy Officer Ken Wingert for a mid-year check in on key economic indicators and NAHB policy priorities driving home building for the rest of 2025.

Economics

Jun 18, 2025

Sharp Drop in Multifamily Production Brings Overall Housing Starts Down

Overall housing starts decreased 9.8% in May to a seasonally adjusted annual rate of 1.26 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

View all

Latest Economic News

Economics

Jun 18, 2025

Sharp Drop in Multifamily Production Brings Overall Housing Starts Down

A sharp decline in multifamily production pushed overall housing starts down in May, while single-family output was essentially flat due to economic and tariff uncertainty along with elevated interest rates.

Economics

Jun 17, 2025

Builder Sentiment at Third Lowest Reading Since 2012

In a further sign of declining builder sentiment, the use of price incentives increased sharply in June as the housing market continues to soften.

Economics

Jun 16, 2025

Permit Activity Weakens in April 2025

Housing permits continued a downhill trend for the fourth month in a row, pointing to a broader residential construction slowdown for 2025. Over the first four months of 2025, the total number of single-family permits issued year-to-date (YTD) nationwide reached 320,259.