2018 FABA Board of Directors
BUILDERS FRAMEWORK
FREDERICKSBURG AREA BUILDERS ASSOCIATION
Volume 2: Issue 3 │ March 2018
FREDERICKSBURG - STAFFORD - SPOTSYLVANIA - CAROLINE - KING GEORGE - ORANGE
Did you know that each year, FABA awards over $10,000 in college scholarships to local Fredericksburg area students attending the University of Richmond? Last year, two local high school graduates each received $6,650 toward their first year at University of Richmond. This scholarship was created in 1998 to serve the higher education needs of young people from the Fredericksburg area. Scholarship applications are screened each spring by the FAB Foundation, and awards are made based on demonstrated academic and extra-curricular ability, involvement and potential. Recipients are not limited to a particular field of study and students attending University of Richmond may apply for the scholarship every year they attend the University. Applications to apply for the Steigleder Family Scholarship have been sent to local High Schools for students to apply who have been accepted to the University of Richmond. If you know of a student planning to attend University of Richmond in the fall of 2018, or a current U of R student who may be a candidate for this scholarship, please have them contact their guidance counselor or the FABA office for an application. Students are not required to have any association or affiliation to the Fredericksburg Area Builders Association.
Steigleder Scholarship Call for Applications
President Gene Brown Atlantic Builders, Ltd. 1st Vice President Marc Simes WJ Vakos 2nd Vice President Stacey Lampman Spaces Design Studio Immediate Past President David Phelps II ICF Homes of Virginia, LLC Builder Director Brandon Serbay Built Right Homes Builder Director John Gasque Toll Brothers Inc. Associate Director Bruce Reese Legacy Engineering, PC Associate Director Frank Sigmon Builders FirstSource Legal Counsel Charlie Payne Hirschler Fleischer Treasurer Scott Hine Assurance Financial Group Secretary Sara Cushing Legacy Engineering Associate Vice President John Reid Embrace Home Loans Builder Director Tim Hall Tricord Homes Builder Director Dan Sandoval Republic Home Builders Associate Director Frank Sigmon Builders FirstSource Builder Director John Gasque Toll Brothers Inc. Associate Director Rusty Cowper Union Executive Officer Maria Moore FABA
NAHB has called on OSHA to expand its compliance assistance to help home builders and other small business owners improve the safety of their operations. J. Gary Hill, a home builder from Greensboro, N.C., and 2018 chairman of NAHB’s Construction Safety and Health Committee, made the appeal during a recent House subcommittee hearing on “a more effective and collaborative OSHA.”
NAHB has teamed up with the survey firm Morning Consult to deliver a website that offers a wide range of housing and polling data specific to congressional districts and major metropolitan areas. The new “Housing Portal” enables builders, developers and their advocates to demonstrate to policymakers the importance of the housing industry. The user can click on any state on the U.S. map to see a range of housing data specific to that state. The user can then drill down to see housing economics and survey data for congressional districts in that state. The site also features a “generate report” function that allows the user to produce a report showcasing data from any state or congressional district of interest.
IRS: Home Equity Loans Can Be Tax Deductible
Delivering value to members is what NAHB is all about. NAHB economists have crunched the numbers and found that the Association’s advocacy victories in 2017, along with other member benefits, will deliver a value of roughly $7,500 per housing start in 2018. Visit the valueofnahb website for more information.
NAHB Advocacy Delivers Value for Members
Why Join FABA? We're SO much more than homes!
Find Housing Data by Congressional District
If you missed the NAHB Board of Directors Meeting or the Meeting of the Members, you can still see video highlights from Builders’ Show meetings that took place in Orlando in January. The site also includes videos from key committee and council meetings. Please start making plans to attend the Builders’ Show in Las Vegas in 2019.
NAHB Asks OSHA to Expand Compliance Assistance
In a victory for NAHB remodelers and their customers, the IRS on Feb. 21 clarified that households that take out a home equity loan or line of credit may take a tax deduction when these loans are used for home improvements. NAHB has been pushing hard for this outcome since December, when the Tax Cuts and Jobs Act of 2017 was signed into law. “This is a major victory for remodelers and for home owners who want to enhance and invest in their homes,” said NAHB Chairman Randy Noel. NAHB will continue to work with Congress and the administration as they hammer out the details of the new tax law.
Click here to watch!
Video Highlights from NAHB Board Meeting
February 2018 Membership Report
Welcome New Members
Builders: Fredericksburg Custom Homes Associates: Cox Communications Inc. Raven Hi-Fi
Thank You For Your Continued Support
Renewed Builders: Bethel Builders LLC C.C. Carpentry Crisafulli Building & Remodeling Dameron Home Builders LLC Fairway Custom Homes and Renovations LLC Tricord Homes Renewed Associates: R.C. Enterprises Inc. The Title Professionals LLC
Plan now for the April 2018 Membership Drive! If every FABA member recruits one new member, we can double our voice and influence in the community and our industry. Bring your prospects to one of our TWO Hard Hats in April: 4/12 & 4/26.
Wednesday, March 14 Associates Committee Meeting 9 - 10 am (FABA Boardroom) Wednesday, March 14 Membership Committee Meeting 10 - 11 am (FABA Boardroom) Thursday, March 15 HBAV Spring Meetings 8:30 am - 2:30 pm Thursday, March 15 Hard Hat Networking Happy Hour 5 pm - 7 pm Splitsville - 51 Town Center Blvd, Fredericksburg 22407 (located next to the movie theater behind Spotsylvania Mall) Friday, March 16 King George County Quarterly Meeting 10 - 11 am King George County Community Development Office- 10459 Courthouse Dr #104, King George VA 22485 Tuesday, March 20 Stafford County Board of Supervisors Meeting 7 pm (Cluster Ordinance, see Legislative Update for info) Stafford County Board of Supervisors Chambers 1300 Courthouse Road, Stafford VA Wednesday, March 21 Marketing Planning (1 of 4) presented by SMC 11:30 am - 1:30 pm (FABA Boardroom) RSVP by 3/20 to admin@fabava.com , lunch provided. Monday - April 2 Spotsylvania County Bi-Monthly Meeting 3 - 4 pm Tuesday - April 3 Spotsylvania County Builders Roundtable 11:30 am - 1 pm Monday - April 9 Stafford County Bi-Monthly Meeting 9 - 10 am Wednesday, April 11 Associates Committee Meeting 9 - 10 am (FABA Boardroom) Wednesday, April 11 Membership Committee Meeting 10 - 11 am (FABA Boardroom) Thursday, April 12 & 26 Hard Hat Networking Happy Hour 5 pm - 7 pm 12th - Home Team Grill - 1109 Jefferson Davis Hwy, 22401 25th - Park Lane Tavern - Spotsylvania Towne Center Village
FABA Calendar of Events
FAB Foundation news
FAB Foundation continues to focus on our mission to engage the greater FABA membership and inform how members can become involved in Workforce Development internships and on-the-job training opportunities for students. FAB Foundation met with Germanna Community College at the FredCAT Center in Central Park to discuss avenues where our members can provide the FredCAT students work experience, apprenticeships, internships, and on-the-job training. FAB Foundation is a 501(c) 3 charitable organization and all contributions are tax deductible.
Stafford County Online Permitting Training for Stafford County's online permitting process is scheduled on the first and third Thursday of every month at 9 am in the activities room. Click here to visit the Stafford County Online Building Permit webpage and to reserve a seat. Space is limited to 15 people per session. Also, all of the Stafford County Community Development and Services Center staff are ready and willing to walk applicants thru the application process on one of the three kiosks we have in the lobby of the CDSC. Stafford County Community Development & Services Center 1300 Courthouse Road 2nd Floor Stafford, VA 22554
SAVE THE DATE: May 17, 2018 Hard Hat Networking Germanna FredCAT (Center for Advanced Technology) in Central Park
On Tuesday, March 20, the Stafford County Board of Supervisors is expected to decide whether to repeal the cluster zoning ordinance. This ordinance is mandated by state law and plays an important role in managing growth, preserving green space and providing affordable housing. FABA members made a strong showing at last month’s Planning Commission meeting and offered powerful arguments against repealing the ordinance without immediately replacing it. Although the commission ultimately voted 5-2 in favor of recommending repeal, the Board of Supervisors will make the final determination. It is important for FABA members to continue to advocate for revisions to the existing ordinance instead of repeal. A strong cluster zoning ordinance is a valuable tool in ensuring that Stafford County maintains its high quality of life. Please make plans to attend the March 20 Board of Supervisors meeting to request that the board delay repeal, and that it consider all stakeholders’ suggestions as it develops amendments to the existing ordinance. The meeting starts at 7 p.m. in the Board of Supervisors Chambers, George L. Gordon Jr. Government Center, 1300 Courthouse Road. For more information, visit BeSmartStafford.com. In addition to staying on top of and making sure that FABA voice is heard on all of the state level legislation, our Legislative Committee also monitors building issues on a local level as well.
FABA Legislative Update
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Congress retroactively extended a number of expired energy and home owner tax provisions as part of the Bipartisan Budget Act of 2018. The following tax credits were reinstated on a retroactive basis for 2017 only: Mortgage insurance premiums: Subject to income phase outs, consumers who file their taxes can deduct premiums paid for private mortgage insurance in 2017. Mortgage forgiveness tax relief: The budget accord eliminates any taxes home owners might face due to renegotiating the terms of a home loan, which result in forgiving or canceling a portion of the outstanding mortgage, particularly in connection with a short sale. This pertains to debt discharged in 2017, but not in 2018. Section 45L Credit for Energy-efficient New Homes: Provides a $2,000 tax credit for the construction of homes exceeding heating and cooling energy standards by 50%. The base energy code is the 2006 International Energy Conservation Code plus supplements. Builders must have a tax basis in the home to claim the credit. Other tax credits included in the final bill are the Section 179D Energy Efficient Commercial Buildings Deduction and the Section 25C Tax Credit for Qualified Energy Efficiency Improvements. The Trump Administration noted that these extensions do not indicate that comparable extensions will occur in the future.
Lumber Exports Are on the Rise
Disaster Recovery Funds Allocated
Employers Must Use New I-9 Form
The Department of Housing and Urban Development has released its policies regarding how it will allocate $7.39 billion in Community Development Block Grant disaster recovery (CDBG–DR) funds provided by the 2017 Supplemental Appropriations for Disaster Relief. The policies apply specifically to CDBG-DR funds used for disaster relief, long-term recovery, restoration of infrastructure and housing and economic revitalization. Importantly, CDBG-DR supplements other federal programs to address unmet recovery needs. HUD allocated $5 billion for Texas, $616 million for Florida, $1.5 billion for Puerto Rico and $243 million for the U.S. Virgin Islands.
Tax Credit Extensions Included in Budget Accord
Even as punitive duties averaging more than 20% were imposed on Canadian softwood lumber imports in 2017, domestic producers were shipping record amounts of lumber overseas. U.S. exports overseas climbed 9% in 2017, compared to a modest 1% increase in 2016 and a sharp 16% drop in 2015. Exports to China, the largest U.S. offshore customer, were up 21% from 2016. Producers of southern yellow pine exported 41% more to China in 2017 than they did in 2016. At the same time that domestic lumber producers claimed they were being harmed by Canadian imports, they were sending record amounts of softwood lumber overseas because they could charge a higher premium to foreign nations.
Thursday, March 15: Splitsville 5 - 7 pm 51 Town Center Blvd (behind Spotsylvania Mall) Thursday, April 12: Home Team Grill 5 - 7 pm 1109 Jefferson Davis Hwy, 22401 Thursday, April 26: Park Lane Tavern 5 - 7 pm 1 Spotsylvania Towne Center Blvd (behind Spotsylvania Mall)
NETWORKING! FABA Hard Hats
Watch for more details in the coming weeks.
2018 Partner Cornerstone Sponsor
Cornerstone Parter
FRIDAY, APRIL 20 ~ 6-10 PM OLD SILK MILL
Watch your email and Facebook this week for entry and ticket details for the 2018 FAME Awards!
Upcoming SMC Education/Events: Marketing Planning Series (1 of 4) presented by Mike Williams The Growth Coach of Northern Virginia Date: March 21, 2018 Time: 11:30 am (lunch will be provided) *RSVP by March 20 at noon to attend. How to Hire for Attitude Webinar presented byNAHB Date: April 4, 2018 Time: 8:30 am
FABA SMC News and Events
2018 Platinum Cornerstone Sponsor
(540) 898-5227 - www.bldr.com
www.DominionEnergy.com
Platinum Cornerstone Sponsors:
HBAV Members - Almost every year, legislation is introduced to allow localities to enact ordinances that would require the development community to set aside a certain percentage of units within a project classified as “affordable”. While HBAV firmly believes that there is a strong and growing demand for the production of a diversity of housing stock in all areas of the Commonwealth, we do not believe that mandatory set-asides have been an effective tool in spurring the production of “affordable housing”. However, it is very likely that these bills will continue to be introduced every Session and HBAV would like to proactively advance alternatives. With that in mind, HBAV will be working with a group of legislators and stakeholders over the course of 2018 to develop potential legislative initiatives for the 2019 General Assembly Session that we feel would provide the private-sector additional incentives to develop and build these units as well as remove local and/or state impediments to the production of these units. We have several concepts that we will be working on but we’d like to get your thoughts! Please complete the survey with your thoughts and suggestions by clicking here! Your feedback will be used solely by HBAV and not shared with anyone outside of our office. Thank you, Andrew Clark (Vice President, Government Affairs, Home Builders Association of Virginia)
2018 Gold Cornerstone Sponsors
2018 Gold Cornerstone Sponsor
HBAV Happenings
HBAV House Party Friday, April 20th HBAV is building on NAHB's success of the the official House Party. HBAV will be hosting a house party at the HBAV Stewart-Lee House on Friday, April 20. Rub elbows with building industry professionals from around the state. Click here for information and tickets before they sell out! HBAV Annual Conference June 21-23 Join fellow member of the Home Builders Association of Virginia for the 2018 HBAV Annual Conference. The meeting will be held June 21-24, 2018 at LaPlaya Beach and Golf Resort in Naples, Florida. If you're looking for business development and networking opportunities with leaders in the home building industry from across Virginia, this is a can't miss event. Register Today and reserve your room! Click here to register.
2018 Silver Cornerstone Sponsors:
Send your Member Happenings to admin@fabava.com to be included here and in the weekly emails.
Fredericksburg Parent & Family 2018 Family Favorite Nominations Calling All Businesses! Do you own, work for, or know of an outstanding business or businesses that should be nominated for FredParent's 2018 Family Favorites Contest? There are over 50 categories currently accepting nominations, from best family physician to best indoor activity. There is a category for everyone and self nominations are always accepted. To nominate your favorites, visit FredParent's website by clicking here HERE. Don't miss out on this fun and FREE community contest.
FABA Member Happenings
IRS Says HELOCs Deductible for Home Improvements In a victory for NAHB remodelers, the IRS on Feb. 21 clarified that households that take a home equity loan or line of credit may take a tax deduction when these loans are used for home improvements. NAHB has been pushing hard for this outcome since December, when the Tax Cuts and Jobs Act of 2017 was signed into law.
As a member of FABA, you are also a member of HBAV! The HBAV recently started participating in a Pilot Program with a cutting-edge small business growth firm, referred to us by the Wisconsin Builders Association.They specialize in helping builders, remodelers, and trade businesses systematically grow their businesses, utilizing a proprietary process they have developed through concentrating on our industry. The benefits also include this monthly educational newsletter and will include valuable ebooks, blogs and articles on marketing, hiring, sales, strategic planning, and other educational topics critical to the building, remodeling and trade industry. The results and feedback from Wisconsin Builders Association members has been incredible. This firm is completely private and does not work with the general public. As a member of FABA, you are also a member of HBAV. This firm has offered 50 of these “BPAs” through a Pilot Program at absolutely no cost to 50 (fifty) HBAV members (remember as a FABA member, you are also a member of HBAV). Click here for more information or to participate in the Pilot 50 "These BPA’s are in limited supply, so if you would like more information on how to participate, please reach out to me directly or simply go to the link below to start your BPA process.We expect the BPA’s to go fast, so if you truly want to grow your business I urge you now to take advantage of this offer. Thank you for your support of this initiative, and thank you for your trust and support of your Home Builders Association of Virginia." Craig Toalson, CEO, Home Builders Association of Virginia.
Attention Builders: Parade of Homes "Call for Entries" is coming this week! Watch your e-mail and plan now to be a part of this year's amazing Parade of Homes
Ladder Safety Starts with Great Training Your jobsite never needs to see another ladder-related injury. NAHB has great solutions to this dangerous issue with its free webinar: Residential Construction and Safe Ladder Use: It Can Be Done! March 23, 11 am–12 pm We'll explore some of the real-life direct and indirect costs associated with ladder misuse and accidents, from medical bills and increased insurance premiums to OSHA fines and lost time on the job.Make your jobsite ladder use safe and dependable!
Did You Know? The home ownership rate in Virginia is 65%, the median home value is $264,000, the median household income in Virginia is $83,306 and there are 3,491,185 housing units in Virginia? This data and more can be found on the NAHB housing portal by Clicking Here.
Discounts for FABA Members
FABA works to educate, promote and represent the building industry while enhancing the region’s quality of life.
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2018 Friend Cornerstone Sponsors:
