HBAs Raise More Than $125K for BUILD-PAC
Home builders associations across the country are raising significant money this summer for BUILD-PAC, NAHB’s bipartisan political arm, ahead of the 2024 election.
BUILD-PAC, which supports electing pro-housing, pro-building candidates for federal office, has raised $2.61 million in the 2023-24 cycle to date. That’s 80% of the way to its goal.
In Connecticut, BUILD-PAC Trustee Ken Boynton and his team hosted the 21st annual Fiano Family BUILD-PAC Golf Classic at the TPC River Highlands course. The event was held just weeks after big-name professionals like Scottie Scheffler competed in the Travelers Championship.
A total of 136 golfers competed in the fundraiser, raising more than $105,000. And for those donors who didn't want to golf, they were welcomed later that evening at a dinner event.
"I believe in BUILD-PAC," said Boynton. "I believe it's where the rubber meets the road for our industry. We need to vote in pro-housing candidates. We realize in Connecticut we are an export state and send money to other states that are more pro-housing. It doesn't matter if it's a republican or democrat, as long as they believe in housing."
In Rhode Island, BUILD-PAC Trustee Roland Fiore and his team hosted a dinner followed by a fundraising event at the Deepwell Manor historic estate with live entertainment.
"It was a perfect night," said Fiore, adding that the more than 60 attendees appreciated NAHB CEO Jim Tobin’s economic forecast as well as a speech from NAHB Chairman Carl Harris. "We had a great showing of builders, developers, engineers; it was a nice crowd."
The event raised more than $23,000.
"I didn’t realize what an impact you can have instead of sitting on the sidelines," said Fiore. "I’ve decided to use the Rhode Island Builders Association as a platform, both locally and nationally, to represent BUILD-PAC’s cause. And to me, that’s what the United States is all about."
Learn more about BUILD-PAC and how to get involved at nahb.org/buildpac. Click here to see all upcoming fundraiser events.
Latest from NAHBNow
According to NAHB’s Remodeling Market Index, nearly a quarter of remodelers started an ADU project over the past twelve months; 24% indicated that they were building an addition for use as an ADU and 23% indicated that they were converting an existing space into an ADU.
The NAHB International Builders’ Show® (IBS) always features leading experts and luminaries from the housing and real estate industry. The sheer size of the event also attracts talent from other walks of life.
Latest Economic News
Private residential construction spending decreased in September 2026 driven by a steep decline in improvement (remodeling) spending. According to the latest construction spending data from the U.S. Census Bureau, private residential construction spending came in at a seasonally adjusted annual rate (SAAR) of $848.8 billion in September, down 5.5% from the revised August estimates and lower by 8.9% from last year.
Interior finishes (drywall, interior doors, painting, cabinets, countertops, plumbing fixtures, flooring, etc.) take more time to complete—6.4 weeks, on average—than any other major stage of single-family construction, according to results from the latest NAHB/Well Fargo Housing Market Index (HMI) survey.
Private fixed investment in student dormitories rose 2.6% in the third quarter of 2026, reaching a seasonally adjusted annual rate (SAAR) of $3.8 billion. This gain marked a second consecutive quarterly increase, despite continued pressures from elevated interest rates. On a year-over-year basis, investments in dorms increased 1.1%.