NAHB Implores Members to Take Action on the Promoting Resilient Buildings Act
NAHB advocates on behalf of its members for a wide range of issues that affect the residential construction industry. Recently, Heather Voorman, assistant vice president of government affairs, provided an update on the Promoting Resilient Buildings Act, including how members can help pass the bill.
“This critical legislation would preserve a definition of latest published editions of building codes for FEMA’s pre-disaster hazard mitigation program to include the latest two additions of building codes,” said Voorman. “This key provision will allow more states to qualify for these important funds and will also preserve local control over the code adoption process.”
The bill passed the House unanimously and passed the Senate Committee on Homeland Security and Governmental Affairs with full committee support.
As the end of the year approaches, NAHB has launched a grassroots effort to attach the Promoting Resilient Buildings Act to the Emergency Disaster Supplemental bill.
Members can visit builderlink.org to send a letter to their senator.
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Latest Economic News
Housing’s share of the economy was 15.7% in the third quarter of 2026, according to the latest estimates of GDP produced by the Bureau of Economic Analysis. This share is down from 15.8% in the second quarter and down from 16.0% a year ago. Residential construction, measured by residential fixed investment, fell for the sixth time over the past eight quarters.
The Federal Reserve’s preferred inflation gauge accelerated in September after holding at 3.0% for three consecutive months, complicating the Fed’s path to its 2% target. Consumer spending continued to be pushed up by elevated energy prices rather than income growth, driving the personal saving rate to the lowest level in nearly four years.
The U.S. economy grew at a faster pace in the third quarter of 2026, supported by stronger consumer spending, robust business investment, and increased government spending. However, residential investment remained a weak spot, highlighting the continued challenges facing the housing sector amid elevated borrowing costs.