Chuck Fowke, chairman of the National Association of Home Builders (NAHB) and a custom home builder from Tampa, Fla., issued the following statement upon the conclusion of today’s White House meeting to discuss home building material supply chain issues:
“NAHB is thankful that the White House heeded our concerns to hold this urgent and timely building material supply chain meeting. For the past year, rising building material prices and supply shortages, particularly for framing lumber, have hurt home builders, home buyers and the economy by adding tens of thousands of dollars to the price of a new single-family home.
“It was encouraging to see so many groups involved in this discussion and today’s meeting was an important step forward to seek solutions to end production bottlenecks that have harmed housing affordability. NAHB commends the White House for making this issue a top priority. I want to give special thanks to Commerce Secretary Gina Raimondo, who has worked closely with NAHB on this matter and understands the need to address the supply chain disruptions that are impeding housing and economic growth.”