Funding for HBA Workforce Development Programs Available
The National Housing Endowment (NHE) wants to challenge the building industry to help build and grow new state and local partnerships and opportunities.
As part of this effort, NHE created the Challenge | Build | Grow Grant Initiative for NAHB state and local home builder associations (HBAs). The Endowment is offering eligible applicants up to $5,000 in matching challenge grant funds for programs and projects addressing NAHB's highest priority areas, including education and worker training — focusing on building innovations and growing the future workforce.
NHE is currently accepting applications from HBAs and the deadline is March 31, 2023.
The Endowment is an essential vehicle for addressing industry concerns and has awarded thousands of grants totaling more than $15 million in support of housing-related projects nationwide. To learn more about the grants and student scholarships available, visit NHE's website.
Latest from NAHBNow
The National Association of Home Builders (NAHB) released the NAHB Remodeling Market Index (RMI) for the third quarter, posting a reading of 62—up one point compared to the previous quarter.
For the first time since 2022, the share of new homes with two-story foyers increased, according to the Census Bureau's Survey of Construction (SOC). Despite the increase, the market share of two-story foyers has generally trended downward since 2017, with most new single-family homes being built without a two-story foyer both nationally and regionally.
Latest Economic News
In the third quarter of 2026, the NAHB Remodeling Market Index (RMI) posted a reading of 62, up one point compared to the previous quarter. The RMI has remained within a narrow band between 59 and 70 for the past four years.
Mortgage application activity declined as the 30-year fixed mortgage rate rose sharply. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of total mortgage application volume, decreased 7.7% month-over-month in September on a seasonally adjusted basis. Compared to a year ago, total mortgage applications were lower by 35.4%.
Mortgage rates rose sharply in September as multiple factors applied significant upward pressure on the U.S. treasury yields. According to Freddie Mac, the 30-year fixed-rate mortgage averaged 6.86% in September, up nearly 20 basis points (bps) from August.