HBA Honors Late Builder by Creating Grants for Young Professionals
Derek Weiss was an ambitious business owner whose work brought bespoke and handcrafted millworks, cabinetry and furniture pieces to Detroit. The third-generation carpenter who worked at Home Dimensions Custom Carpentry in Holly, Mich., tragically passed away at the age of 39 in 2021.
In his honor, the Home Builders Association of Southeastern Michigan announced four $1,000 grants for HBA members to attend the 2025 NAHB International Builders’ Show (IBS), an event Weiss greatly benefited from in growing his business.
The grants were made by the 3 Rivers Community Foundation to four individuals aged 40 or younger, who are licensed remodelers or builders in Michigan and current members of the HBA.
The awardees are:
- Jacob Morris Beer of Nosan Signature Homes in Farmington Hills
- Hussein Mokahal of The LED Lion, Inc. in Dearborn Heights
- Gordon Russell III of Russell Building Company in St. Clair Shores
- Maxwell Zervos of Zervos Construction in Farmington
Latest from NAHBNow
As energy efficiency mandates are becoming more difficult and costly to meet, the National Green Building Standard (NGBS) is emerging as an attractive alternative. Alternative code compliance options - like NGBS Green - are beneficial to local jurisdictions and builders alike, as they provide compliance flexibility without compromising energy performance, and can streamline permitting processes and timelines.
Builder and Associate members will work to recruit as many new members as they can by Nov. 30. Winners can earn prizes including LG laundry products and 2027 International Builders' Show perks.
Latest Economic News
The percentage of new apartment units that were absorbed within three months after completion was down five percentage points in the first quarter, according to the Census Bureau’s latest release of the Survey of Market Absorption of New Multifamily Units (SOMA).
New single-family home size had been falling since 2015 in response to declining affordability conditions. An exception occurred in 2021, when new home size increased as interest rates reached historic lows.
The latest report shows the Federal Reserve’s preferred inflation gauge remains sticky in July, complicating the Fed’s path to its long-term 2% target. Meanwhile, consumer spending remains resilient but is showing signs of slowing, with real consumer spending unchanged in July. Households are pulling back on spending amid persistent inflation.