What's Up Wednesday
May 5, 2021

PIP

Reputable High Hammer

Luke Brothers
LTD
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Faithful Straight Edge

BARCO
Cantin-HOMES
Coastal
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SAC logo (Aug 09)
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Loyal Level

Odette 4
hessler
Honc
Kinetico 4-17
Lori Swindell Insurance Agency
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Quality Homes Logo
Topqualityremodling

Block of Foundation

AJF Construction
Charlotte County Seawalls
Charlotte State Bank & Trust
Kapper Contracting
Sharon Neuhofer, Coldwell Banker Sunstar

05/17: CDBIA Professional Women in Builder meeting sponsored by Melanie Markel, Array of Cabinets

05/18: Young Building Professional meeting- all welcome

05/19: CDBIA Executive Committee & Board of Directors meeting

05/28: Building Industry Oversight Committee Meeting

06/01: June GMM. More details will be available shortly

06/11: CDBIA Building Industry Hour on 1580am WCCFAM AND 100.9FM Guest: OPEN

06/16: CDBIA Executive Committee & Board of Directors meeting

06/18: CDBIA Building Industry Hour on 1580am WCCFAM AND 100.9FM Guest: OPEN

06/21: CDBIA Professional Women in Building meeting, sponsored by Colleen Defilippo, Bonitz Flooring

06/25: Building Industry Oversight Committee Meeting

07/10: CDBIA Dart Tournament

07/15-7/16: Southeast Building Conference

07/16 42nd Annual Aurora Awards

Thank you for reinvesting in your local builders industry

Bobby Gross, Sunland Paving Company
Member since 1985

Sharon Neuhofer, Coldwell Banker Sunstar Realty
Member since 1996

Mike Woolf, Woolf & Associates, Inc.
Member since 2009

Brian McVety, Murdock Stones,
Member since 2012

Carlene Zeches, Z Interior Decorations
Member since 2012

Billy Kimberly, Kimberlin Roofing
Member since 2014

William Lainhart, Lainhart Painting
Member since 2014

Anna Crapet, affiliate of Bacon's Furniture
Member since 2017

Cindy Marsh-Tichy, Michael Saunders & Company
Member since 2017

Kevin Graham, Suncoast One Title & Closings
Member since 2018

Harry Taylor, L&T Engineering
Member since 2018

Therese Bradley, Bluestream Design Studio
Member since 2018

Bobby Buonaiuto, Total Recon Cleaning Services
Member since 2018

Jake Haagsman, Commercial Painting SWFL
Member since 2018

Shannon Kania, Axis Satellite and Home Theater
Member since 2018

Steve Bouffard, Kirk Bouffard Plumbing
Member since 2018

LeeAnn Burch, First Choice Home Builders
Member since 2018

Jaimie Walczak, Paradise Island Contracting
Member since 2018

Frinee Mattesich, Avant Construction
Member since 2018

Stacy Lowery, Pinkerton Payroll & Insurance
Member since 2019

Christopher Donnelly, Enhanced Aluminum
Member since 2019

Rick Guinn, Trim Max
Member since 2019

Perry Hoff, Perry Hoff Construction
Member since 2019

Aaron Kennedy
, affiliate of Harbor Nissan
Member since 2020

John Warner, CoolFast
Member since 2020

George Hishmeh, Riverwood Home Services
Member since 2020

Jeff Cates, CAPS Remodeling
Member since 2020

Matt Kuntz, Resurrection Pools
Member since 2020

Call to Action

Housing’s potential to lead the economy forward is limited as long as lumber remains expensive and scarce. Congress needs to push the administration to undertake a thorough examination of the lumber supply chain, identify the causes for high prices and supply constraints, and seek immediate remedies that will increase production.

Since the United States does not produce enough lumber to meet domestic needs, Congress can do its part to boost domestic production by doing a better job of more actively managing federal forest lands in an environmentally sustainable manner.

Lawmakers should also urge the White House to make it a priority to work with Canada on a new softwood lumber agreement that would end tariffs that are contributing to extreme price volatility.

You can send a letter directly to your members of Congress through NAHB's grassroots tool, BuilderLink.

Learn more about NAHB's efforts to provide relief for rising material costs.

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expo-hall-pass-coupon-2021-Current-Member

You are invited to the Charlotte DeSoto Building Industry Association's Dart Tournament on July 10th 2021 at

The Icehouse Pub (http://www.theicehousepub.com/) in Punta Gorda. Registration will begin at 1:30 pm and darts will be in the air at 2:30 pm.

Prizes will be awarded for the 1st, 2nd, and 3rd place dart teams.

Prize for 1st place: $400 AND they get to choose which of the following CDBIA nonprofit members will receive $500:

Boy and Girls Club of Charlotte County
Charlotte County YoungLife
Crossroads Hope Academy
Gulf Coast Partnership
The Homeless Coalition

Registration is $80 per team. A team is four (4) players.

Sponsorship opportunities available:

Bullseye Sponsor - $1500 Your Company's Logo on all 10 Dart Board Signs which will remain posted for 2 weeks after the event . Mentioned in all event promotions. Logo on drink coasters. Company logo on front of T-shirts. Sponsor is able to put marketing material at dart tournament event. Two free team registrations (8 players) and the opportunity to present the winners with awards.

Neck Gaiter Sponsor - $1000 You will receive your company logo on 5 dart boards which will remain posted for 2 weeks after the event. All players will receive a gaiter with your logo on it. One free team. Mentioned in all event promotions.

1st Round Sponsor - $750 8 table signs in the Dart Bar Area. Logo on Drink Tickets. Mentioned in all Event Promotions. Logo on 1 Dart Board sign. One free team registration (4 players).

On the Board Sponsor - $200 Logo on Dart Board Sign which remain posted for two (2) weeks after the event. One free team registration (4 players). Mention in all event promotions

Thank you, Sponsors:
On the Board Sponsor:

Click here to register: https://charlottedesotobia.growthzoneapp.com/ap/Events/Register/vrADoaeL?mode=Attendee

Check out this video from the last CDBIA Dart Tournament. Winning team: Centennial Bank who chose Boys & Girls Club of Charlotte County to win $500!

What's UP with lumber prices.

Skyrocketing Lumber Prices Add Nearly $36,000 to the Price of a New Home

Soaring lumber prices that have tripled over the past 12 months has caused the price of an average new single-family home to increase by $35,872, according to new analysis by the NAHB Economics team. This lumber price hike has also added nearly $13,000 to the market value of an average new multifamily home, which translates into households paying $119 a month more to rent a new apartment. Further adding to affordability woes, building material prices have by and large been steadily rising since 2020 and were up across the board in March.

The latest Random Lengths prices as of the week ending on April 23 show the price of framing lumber near $1,200 per thousand board feet — up nearly 250% since last April when the price was roughly $350 per thousand board feet.

NAHB calculated these average home price increases based on the softwood lumber that goes into the average new home, as captured in the Builder Practices Survey conducted by Home Innovation Research Labs. Included is any softwood used in structural framing (including beams, joists, headers, rafters and trusses), sheathing, flooring and underlayment, interior wall and ceiling finishing, cabinets, doors, windows, roofing, siding, soffit and fascia, and exterior features such as garages, porches, decks, railing, fences and landscape walls.

Why Lumber Prices Have Surged
These unprecedented lumber price hikes are attributable to the following factors:

Many mills reduced production last spring due to stay-at-home orders and social distancing measures enacted by state and local governments at the onset of the coronavirus pandemic.

When it became clear in the ensuing months that housing weathered the storm much better than predicted and demand remained strong, lumber mills did not ramp up production accordingly.

Moreover, producers did not anticipate the massive uptick in demand from do-it-yourselfers and big box retailers during the pandemic.
Finally, the extreme lumber price volatility has been exacerbated by tariffs on Canadian lumber imports into the U.S. market.

NAHB Actions
As lumber prices remain stubbornly high, NAHB continues to work relentlessly with the White House, Congress and lumber producers to increase production and bring prices lower. This is the top priority for the association. Since President Biden was sworn into office in January and the new 117th Congress was seated, NAHB has taken the following actions:

NAHB Chairman Chuck Fowke and First Vice Chairman Jerry Konter held in-person and virtual meetings with congressional leaders earlier this month to urge them to address rising lumber prices and to take steps to ensure an adequate supply of lumber and other building materials to stem rising housing costs.

In an effort led by NAHB, more than 35 organizations recently sent a joint letter to Commerce Secretary Gina Raimondo calling on her to “examine the lumber supply chain, identify the causes for high prices and supply constraints, and seek immediate remedies that will increase production.”

NAHB has also sent letters to President Biden, Agriculture Secretary Tom Vilsack, U.S. Forest Service Chief Victoria Christiansen and U.S. Trade Representative Katherine Tai seeking prompt action to address this issue that is a growing threat to housing and the economy.

NAHB remains in close contact with the White House and will be meeting with top administration officials later this week to discuss the lumber situation.

At the same time, we continue to reach out to lumber producers, other policymakers and the media calling on lumber mills to increase production to meet growing housing demand.

On the last point, NAHB has saturated with the media with our message on the need to act on soaring lumber prices and how it is hurting home buyers, home builders, the housing industry and the economy. NAHB CEO Jerry Howard delivered this message in an April 22 appearance on Fox Business, Cavuto: Coast-to-Coast. The same day NAHB Chief Economist Robert Dietz discussed rising material prices on NPR Marketplace. Additionally, Fortune, Bloomberg, The Washington Post, The Wall Street Journal, Fox Business online and the Associated Press have mentioned or quoted NAHB on the impact of rising lumber prices.

NAHB is also seeking swift action on the trade front. Tariffs on Canadian lumber shipments into the U.S. are exacerbating price volatility and increasing housing costs.

In the near term, NAHB invites builders to take advantage of this free sample escalation clause to use in contracts which stipulates that if lumber prices increase by a certain percentage, the customer would be required to pay the extra cost.

The NAHB advocacy team – Government Affairs, Communications, Economics and Legal – continues to work doggedly on all fronts to find solutions that will ensure a lasting and stable supply of lumber for the home building industry at a competitive price.

NAHB Senior Economist Paul Emrath provides more analysis on how rising lumber prices have added nearly $36,000 to the price of a new home in this Eye on Housing blog post. Future analysis from NAHB will also examine additional factors, including other building material costs.

Learn more about what NAHB is doing to resolve the lumber crisis at nahb.org.

2021.05.17 Con&Cock

You are invited to the next meeting of the CDBIA PWB (Professional Women in Building)

This meeting is sponsored by CDBIA PWB Chair Melanie Markel (Array of Cabinets)

This event is FREE to all members of the CDBIA PWB.

For CDBIA Members and Guests the price is $10.

Food and beverages will be available with your registration.

Please register by 5/14 so we can ensure a head count to purchase food and drinks.

Click here to register.

Thank you!

deal-of-the-week

When you are a member of the Charlotte-DeSoto Building Industry Association, you are also a member of the Florida Home Builders Association and the National Association of Home Builders.

Here are some of the fantastic savings available to members from your memberships to all 3 associations:

This week's deal comes from NAHB

Nationwide networking through NAHB

Make some great contacts throughout the nation!

National Member Networking Platform - Have you signed in yet?

NAHB recently launched NAHB Connect, a new online platform for members across the country to connect, share ideas and learn from one another. NAHB Connect is only open to members of record and is providing strong value to users already.

Have you joined yet? Visit connect.nahb.org/home and sign in with your nahb.org credentials.

Members who do not yet have an account on nahb.org will need their NAHB pin and zip code to create an account.

Weekly and sometimes daily, we have experienced construction workers contacting us looking for employment.

We always recommend first they visit http://members.cdbia.com/jobspot.

If you are hiring, let us know. We will continue to promote your openings on our page and our social media.

Let's get your crews full and get everyone back to work.

Help Wanted

Dancing Moon Travel

Pat Hand with Dancing Moon Travel: April is Premium Cruise month at Dancing Moon Travel. "This week Pat Welcomes Eva Garfield from The Walt Disney World Resort, as they consider the many experiences Disney offers in addition to their famous theme parks." https://fb.watch/5hGcMv8nRB/

All Florida Flooring
James Ecker would like to invite you to a fundraiser on May 23rd. The Punishers LEMC Sine Pari will be hosting a Benefit Ride for C.A.R.E.

Co-hosted by ABUAT
Registration at Punishers Sine Pari clubhouse at 11:00am.
KSU @ 12:00pm.
1st stop - Banditos in Port Charlotte
2nd stop - End Zone in Englewood
3rd stop - Moose Lodge in Englewood.
Final stop - Punishers Sine Pari Clubhouse
No food pass
$10 single bike
$15 with passenger
With food pass
$15 single bike
$25 with passenger
Live music performed by Andy Garcia
Food and vendors will be on site.
50/50 and raffles
All proceeds donated to C.A.R.E.

For more information visit: https://www.facebook.com/events/200312598340530

Sun Newspapers
Looking to hire? Look no further than the yoursun.com Virtual Career Fair happening April 28 and 29. Let us promote your open positions and bring job seekers to you!
Using just your computer or smart device, you can chat live on the spot, collect resumes, build your candidate database, and HIRE NOW.
How else do you benefit?
• You can attend from wherever you are, no need to be out of the office all day
• You'll have the ability to video interview, text, and email candidates
• You'll expose your company to more job seekers in the area
Powered by yoursun.com, this event will be heavily promoted online, in print, and with social media. To learn more and register your business for this event, contact our Recruitment Specialists at 941-429-3110 or e-mail: classifieds@yoursun.com

Judges needed for Tallahassee Parade of Homes (virtual)
TBA’s Parade of Homes event will kick off on Saturday, May 8, and run May 9, 15 & 16 and will be judged virtually only. We are in need of judges with judging beginning May 8 and finishing on Tuesday, May 11th. If you are interested, please call Jodi at (850) 385-1414

Murdock Stones
UH-OH!! Murdock Stones Etc.'s supplier brought 1/2" White instead of 1/2" Brown. Regular price $150 per cubic yard. For chamber members, we will sell the 1/2" White for $130 per cubic yard. Available for delivery or for pick-up at our 590 Prineville location...While supplies last...941-629-6651

The Firm Advertising Agency

Don’t forget The Firm 360 Photography when they’re gone. Who is “they” you might ask? Snowbirds! They are leaving soon. Remind them of what they have looked at with a Virtual Tour. They are great for real estate and businesses alike and they give people inside views right from their phones and laptops. We can do that for you. Call us today to arrange a Virtual Walking Tour for your business or homes for sale. 941-347-8198. www.thefirm360.com

Lemon Bay Glass

Glass Shower Enclosure Installer
Our company is growing, and we are Hiring!!! – This is a great place to work. We are eagerly interested in hiring qualified individuals. Located in sunny Englewood, FL, we are a glass company currently seeking an experienced 'Mirror and Shower Door Installer'.
> The right candidate will have at least 2-5 years of experience. We are looking for someone with experience in all aspects of shower doors including framed, frameless, frameless sliding, etc.
> Candidates will be able to measure, fabricate, and install a variety of glass & mirror products.
> Top salary based on experience.
> You also need to have your own tools and a valid driver's license.
Customer satisfaction, craftsmanship, and attention to detail are crucial.
> This is a full-time position with benefits as well as a 401k plan + company match, profit sharing.
> Paid holiday/vacation time.
> A friendly work environment.
We are a high-quality shop looking for someone who is self-motivated and takes great pride in their work.

If this is you, contact us today with your resume.
> Lemon Bay Glass ph. #941-475-1281 > Email: info@LemonBayGlass.com; Place in Subject Bar - 'Shower Installer Resume'
> Link to see more about the company and job - https://lemonbayglass.com/glass-installer/

Consult Engineering

Consult Engineering’s new YouTube channel is called Building Integrity. Founder and Principal Engineer, Josh Porter, conceived of the channel as an educational (and entertaining) outreach of our company, as well as a digital brochure for our company, staff and services. While the inspiration was to find an alternative to traditional marketing during the Covid-19 era, the purpose is literally to build integrity within the construction industry through education and accountability. The target audience is the homeowning public, property managers, contractors, tradesmen, students and anyone interested in construction. We launched the channel just before Christmas with a good amount of content for subscribers to digest. Going forward we will build our video library with episodes featuring interviews with industry leaders from our office studio, on-the-job videos shot in the field during our inspections, in depth lessons with Josh at his desk and various fun, informational or visually appealing short videos.

We invite you to please subscribe to the channel and recommend it to your friends, employees and customers who may enjoy it. The direct link is https://www.youtube.com/channel/UC9xpl8LyFRsKXASGHBBj_xQ

Once we reach 100 subscribers, we’ll be able to get a URL that is something like YouTube/channel/BuildingIntegrity, instead of that alphabet soup. And YOU can help us get there! If any of your companies have channels you’d like to promote, please let your CDBIA family know about them

Thank you to our Sponsors

News for you

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From the desk of Greg Murray, City Manager

Candidate Packets Now Available – Candidate packets for the 2021 City General Election are now available through the City Clerk’s Office, City Hall, 326 West Marion Avenue. The 2021 General Election will take place on Nov. 2 and will include City Council District 3 and 5. Councilmembers serve a two (2) year term and are elected at-large. Only opposed candidate races will appear on the ballot. If more than two candidates seek election for any one district seat, a primary election must be held on Aug. 17 (11 weeks prior to the General Election). Qualifying for the 2021 General Election cycle begins, Jun. 7 at noon and ends on Jun. 11 at noon. For information or questions regarding qualifying, please contact Karen Smith, City Clerk, at (941) 575-3369 or email pgclerk@cityofpuntagordafl.com. Questions regarding voter registration, vote-by-mail ballots or precinct and polling information should be directed to the Charlotte County Supervisor of Elections Office at (941) 833-5400. Candidate forms can also be obtained online from the City’s website at https://www.ci.punta-gorda.fl.us as well as from the Division of Elections website at https://dos.myflorida.com/elections.

Facial Covering Ordinance – The Facial Covering Ordinance in the City of Punta Gorda will expire Apr. 30. Business owners and managers can still require customers to wear facial coverings in their business if they would like and request anyone failing to comply with their request to be trespassed. City facilities will still have the following requirements in place: Entrance to any City facility shall only be through the designated entrance.

Florida Power and Light (FPL)/Comcast Update – FPL reports that to date, they have removed a total of 254 abandoned poles. They have now dedicated a team of people who will exclusively work on this project to keep things moving forward. They have identified another 141 poles that need to still be pulled, 23 that still have FPL attachments on them and the rest are Comcast and other utilities. Comcast is scheduled to move wires on 84 more poles. They have one team working on this full time now. On Bal Harbor, FPL identified 43 locations where double poles needed to be pulled, 22 are done and 21 remain. Of those, 7 are ready to pull and 14 still have attached wires on them. On Marion, 7 double poles were identified, three have been removed and four remain with wires on them. On Aqui Esta, 21 double poles were identified, 11 have been removed and 10 are still left, seven of which still have attached wires on them. Also, FPL has started to restore some of the sites that have recently had new handhole boxes placed beside the new poles. They are now going back through and cleaning up the areas around the boxes and filling in with fill dirt and sod. They are working in the bird section this week.

Current Board and Committee Vacancies (Volunteer Appointment Information Form)
Board of Zoning Appeals – (Two alternates) Meets the fourth Tuesday at 4 p.m. in City Council Chambers. City residency required. Seven member board with two alternate members. Three year terms, maximum of three terms. Financial disclosure required. Makes recommendations to City Council on variances to City Code.

Donation Review Committee – (representative of non-profit organization related to history of
City) Meets quarterly, as needed, immediately following meetings of the Historic Preservation Advisory Board. Five member board. Three of the total five members will be appointed from the Historic Preservation Advisory Board membership. Reviews nonmonetary donations received by the City and recommends acceptance or rejection of same.

Code Enforcement – (one alternate) Meets monthly on the fourth Wednesday at 9 a.m. in City
Council Chambers. City residency required. Seven-member board with two alternate members.
Three-year terms. Maximum of three terms OR partial term plus two more terms. Financial
disclosure required. Makes recommendations to City Council on variances to City Code.

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Wanting to get the COVID-19 vaccination?

Click here: www.tinyurl.com/CharlotteVaccine

They have been responding within a day, and setting up appointments within 24 hours of their call.

Currently, as of May 4th:
Charlotte County
Percent of residents series completed: 40.7%
Total People vaccinated: 55.3%

DeSoto County:
Percent of residents series completed: 19.4%
Total People vaccinated: 31.7%

Florida
Percent of residents series completed: 30.4%
Total People vaccinated: 42.1%

Click here to view number of people vaccinated

Charlotte County Committee Vacancies

The Charlotte Harbor Community Redevelopment Agency Advisory Committee is seeking three volunteers, two business representatives and one resident. Members must be residents of Charlotte County. The resident representative must live within the CRA boundaries and business representatives must represent a business that is located within the CRA boundaries. Meetings are held quarterly in the Administration Center at 18500 Murdock Circle and are generally held on the first Monday at 10:30 a.m. To obtain an application, call 941-743-1300 and select option 1 or email Lisa.Eby@CharlotteCountyFL.gov.

The Historical Advisory Committee is searching for five volunteers that must be permanent residents of Charlotte County who are interested in preserving the history of Charlotte County. The position calls for four members to serve from different Charlotte County historical organizations. There is one position open to an at-large member. The terms are three years and will be staggered in order to be in compliance with Ord. No. 2004-045, Sec. 1-11-69. The HAC’s functions, powers and duties include:

• To evaluate and make recommendations about where historical markers
• should be established;
• To review development and construction projects of historical significance;
• To provide input on potential historic districts;
• To provide input on historical programs and outreach efforts;
• To make recommendations on establishing an archives/collection program;
• To raise funds to preserve historical structures and amenities;
• To provide recommendations to the board on issues relating to those duties specified above or other duties assigned by the board;
• To review and provide input on the capital improvement budget.

For more information, please contact Morgan.Cook@charlottecountyfl.gov.

The Marine Advisory Committee is searching for one volunteer to serve as an
at-large member to fill the unexpired term of Garland Wilson. The term beings
immediately and will expire in December 2022. If you are interested or need more
information, please contact Morgan.Cook@charlottecountyfl.gov.

Agricultural and Natural Resources Advisory Committee is searching for two voluntary members who must be residents or owners of real property in Charlotte County and be composed of individuals broadly representative of the interests of agricultural land ownership and use, agricultural commodity finance and production, agricultural processing, agricultural economics and marketing, agricultural engineering and water management, soils use and fertility, wildlife management, geology and mine
engineering, and environmental conservation. Both volunteers must be engaged in commodity production. The term is effective immediately upon approval and will expire Dec. 31, 2024. If you are interested in an application and information, please contact Morgan.Cook@charlottecountyfl.gov...end..end

The Construction Industry Licensing Board is seeking a volunteer for the consumer advocate category. Volunteer must be a resident of Charlotte County for at least two years and have no financial interest, direct or indirect, in the building trades. Length of term is until March 2022. Meetings are held on the 1st Thursday of each month at 6 p.m. at 18500 Murdock Circle in the Charlotte County Administration
Center. To obtain an application, please call 941-743-1298 or email
Diane.Whidden@CharlotteCountyFL.gov

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While we are working on many issues for you, such as impact fee increases, building supply chain issues and increases on product, we have not stopped working on unlicensed handyman.

This is a reminder to you that the CDBIA is an anonymous hotline. If you happen to see someone doing work without a license, you can report it to the CDBIA. The CDBIA will report it to the county and never reveal who contacted us. All calls are strictly confidential.

Another suggestion to help homeowners.

When you are bidding on a job, you are welcome to share the resources available to explain how they can make sure they are hiring the right person (contractor) for the job they are wanted completed.

Checklist for hiring a builder, remodeler, contractor.: This is a checklist that can help a homeowner perform their due diligence when hiring a contractor

Tips for hiring a contractor- This brochure is from Department of Business and Professional Regulation and offers additional resources for Florida

What a handyman can and cannot do- This is a list of what a handyman can do in Charlotte County.

With your help, we can create additional awareness to your potential customers when they see lower bids coming in and how to check to make sure that person is the right person for the job.

To report an unlicensed person to the CDBIA, you can call 941-625-0804 or send an email to admin@cdbia.com.

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Join us to raise funds for the First Responders Memorial honoring all first responders in Charlotte County. This memorial is planned to be built at the William R. Gaines Jr. Veteran's Park. It is estimated that approximately $110,000 is needed to be raised to build the memorial.

If you would like to donate to the memorial fund, please make your check out and mail to;

William R. Gaines Jr.
Veteran Memorial Fund
3280-55A Tamiami Trail, Unit 121
Port Charlotte, FL 33952
Please indicate "First Responders" on the memo line

The William R Gaines Jr. Veteran Memorial Fund Inc. is registered as a 501©(3) non-profit organization. Contributions are tax-deductible to the extent permitted by law. The tax identification number is 81-5393249.

Thank you in advance

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Home Building Employment Across States and Congressional Districts

New Home Sales Jump in March on High Consumer Demand

More Buyers Are Specifically Looking for New Construction

COVID-19 Continues to Fuel Desire for Homeownership

Housing Releases

For the Week of May 3
Construction Spending: Monday, May 3
Total private residential spending fell 0.2% to a seasonally adjusted annual rate of $718 billion in February, after reaching a record high last month. The monthly drop is largely driven by spending declines in multifamily construction and improvements, while single-family construction spending rose only slightly. Spending on single-family construction edged up 0.1% in February, while remodeling spending and multifamily construction spending slid 0.2% and 1.4%, respectively.

Senior Loan Officer Opinion Survey (Q1): Wednesday, May 5
The Senior Loan Officer Opinion Survey (SLOOS) for the fourth quarter of 2020 showed that banks reported a tightening of standards of both Commercial and Industrial (C&I) loans and Commercial Real Estate (CRE) loans to firms of all sizes. For the Residential Real Estate (RRE) loans, banks left standards unchanged but reported either somewhat strengthening or unchanged demand.

Housing Opportunity Index (HOI) (Q1): Thursday, May 6
The Housing Opportunity Index (HOI) remained unchanged at 58.3% in the fourth quarter of 2020 as record-low mortgage rates offset record-high home prices. Though affordability rates held firm, regulatory and supply-side challenges threaten to aggravate affordability problems in the year ahead. Meanwhile, the national median home price jumped to an all-time high of $320,000 in the fourth quarter, and average mortgage rates fell to a record-low of 2.85 percent in the fourth quarter.

Employment: Friday, May 7
Total nonfarm payroll employment increased 916,000 in March and the unemployment rate fell to 6.0%. The labor market is improving as many states ease business restrictions and more people are vaccinated. Currently, employment in residential construction surpassed the level in February 2020, while only 64% of non-residential construction jobs lost in March and April have been recovered.

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FHBA NEWS- May 3, 2021
___________________________________________________

The Building Industry Blazes Through 2021 Session

A week ago today, lawmakers had sent just 77 bills to the Governor’s desk. But, by the time the hankie dropped on the 2021 Legislative Session Friday, April 30, that number topped 260 out of the more than 3,000 bills filed this session.
As we close out this session, several construction - and more importantly, FHBA initiatives - are becoming a reality!
Before reading the highlights below, please note that the Governor has not yet weighed in on these important priorities, outside of the COVID Liability Protection Bill.

Highlights of Key FHBA Issue Victories:
• COVID 19 Liability Protection- sent to the Governor
• Impact fee Bill- sent to Governor:
o Glide Path to phase in impact fee increases
o Restricts the type of “infrastructure” for which impact fees can be used
o Clarifies retroactivity of impact fee transfers established last year
• Code Bill (minus the private provider septic language)- sent to Governor:
o Prohibits local government from using “interim” FEMA Maps
o Prohibits local government from requiring contract prior to issuing permit
o Provides a mechanism to determine if a land development regulation is a code issue and should not be in the local land development code
• Prohibiting Local Governments from Banning Natural Gas- sent to Governor
• Providing incentives (no mandates) for use of Gray Water- sent to Governor
• Providing discounts to permit fees if local government does not meet statutory time requirements- sent to the Governor
• Reversing the Centex Case, which discouraged developers from contributing to HOA Reserves- sent to the Governor
• Building Inspections- sent to the Governor:
o The bill requires local enforcement agencies to allow requests for inspections to be submitted electronically
o The bill clarifies that any government entity with authority to enforce the Building Code may perform virtual inspections at the discretion of the government entity. Excluding structural inspections on threshold buildings
As the dust settles on the Florida Capitol, the Florida Politics Blog produces an annual list of "Winners and Losers" from Session.

You don't want to miss the article here, featuring several wins for the construction industry including FHBA for work on Impact Fess and the over all success of bills related to the industry, Lennar Homes with the passage of the Gray Water Incentive Bill and FHBA Preferred Partner, Florida Natural Gas, with the pre-emption of local Government's ability to ban natural gas and other energy sources.

FHBA Staff is working feverishly to produce a comprehensive summary of all the action from the past 60 days. Stay tuned for a briefing later this week on how FHBA ultimately fared in the 2021 session.

Thanks!

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