BUILDERS FRAMEWORK
FREDERICKSBURG AREA BUILDERS ASSOCIATION
Join FABA today! We're SO much more than homes!
Volume 3: Issue 5 │ May 2019
FREDERICKSBURG - STAFFORD - SPOTSYLVANIA - CAROLINE - KING GEORGE - ORANGE
NAHB is currently surveying all of its remodeler members to determine reliable benchmarks on the profitability of the remodeling business. Remodelers will be able to use this data to compare their business to others, pinpoint improvement opportunities and set budget targets. NAHB recently conducted a similar survey among its builder members to develop the Cost of Doing Business Study, 2019 Edition. The study found that in 2017, single-family builders had an average revenue of $16.4 million, with an industry average gross profit margin of 19.0%, while the average net profit margin reached 7.6%. The success of this project depends entirely on collecting accurate information from NAHB’s remodeler members. Survey participants will receive a free copy of the final report – the 2020 Remodelers’ Cost of Doing Business Study – a $149.95 value. The information is kept completely confidential. Only the NAHB research team conducting the survey will see the responses, and only industry averages will be published. For information on how to receive and submit the survey, please email NAHB’s Assistant Vice President for Survey Research Rose Quint.
Click here to watch!
Surveying Remodelers about Costs
HARD HAT
THURS. May 16, 2019 5 pm - 7 pm SPLITSVILLE Click here for info
DISC GOLF Wed. June 5, 2019 3 pm- 7 pm Cannon Ridge Disc Golf Course Click here for info
The U.S. Trade Representative last year announced its intention to levy tariffs on a series of imports from China. USTR rolled out proposed tariffs in three waves, with the third list (List 3) covering approximately $200 billion worth of Chinese imports. The NAHB economics department examined the imports identified on List 3 and found that the value of the 450 building materials included on List 3 is roughly $10 billion. So a 10 percent tariff on these goods would represent a $1 billion tax increase on the housing industry.
NAHB and HUD are hosting an “Innovative Housing Showcase” to educate policy makers and the public on housing innovations and technologies that are help- ing address the affordable housing challenges across the country. The Showcase will be held on the National Mall June 1-5, 2019. NAHB Chairman Greg Ugalde commended House Financial Services Chair- woman Maxine Waters for seeking to address the housing affordability crisis by introducing the ‘Housing is Infrastructure Act.' “The chairwoman’s bill highlights the role that additional costs, such as fees associated with infrastructure, play in housing affordability," Ugalde said. “Providing increased funding for important affordable housing programs and working to lower impact fees and streamline the development process are positive steps."
Treasury Publishes Opportunity Zone Regs
Review Shows Tariffs Equal $1 Billion Tax
DOL Issues Proposed Joint Employer Rule Could Be a $2.5 Billion Tax Could Be a $2.5 Billion Tax Court
NAHB Commends Housing Legislation
NAHB, HUD to Host Housing Showcase
The Labor Department has announced a proposed rule to provide a clearer methodology for determining joint em- ployer status. The proposal is meant to provide employers clarity and certainty regarding their responsibility to pay federal minimum wage and overtime for all hours worked over 40 in a workweek. NAHB believes the Labor Department’s focus on whether the potential joint employer actually exercises authority over the worksite is an important step in the right direction.
The U.S. Treasury Department recently issued its second set of proposed regulations related to the new opportunity zones tax incentive. Established as part of the Tax Cuts and Jobs Act of 2017, opportunity zones provide tax incentives for investors to invest in and provide an economic boost to underserved communities. More than 8,700 zones, or approximately 11% of all Census tracts in the United States, have been identified as being eligible for investment. For more information on opportunity zones, visit NAHB’s Opportunity Zones resource page.
What Buyers Will Pay for Green
Bedrooms and kitchens account for 28% and 11.2%, respectively, of the space in the average new home, according to a new study from NAHB Economics. The master bedroom alone typically accounts for 10.7% of the home, with other bedrooms comprising 17.3% of the overall square footage. Kitchens have a slightly larger relative footprint in small homes (12.7%) than in large homes (10.5%) — although the latter allocate a larger percentage to nooks (3.4% vs. 3.1%) and walk-in pantries (3% vs. 1.9%), which were calculated separately from the kitchen. Overall, the largest percentage difference comes from the living room or area: 10% of small homes compared to only 4.4% of large homes. The data come from responses to the November 2018 survey for the NAHB/Wells Fargo Housing Market Index.
How Big Are Our Living Spaces?
OSHA Needs Consent to Use Drones on Your Worksite
OSHA is sometimes using drones during worksite inspections in areas that are inaccessible or pose a safety risk to inspection personnel. The potential for OSHA to use drones in enforcement activities has raised concerns from home builders and other contractors. In a memorandum to Regional Administra- tors last year, OSHA set forth its policy rela- ted to the use of drones during inspections. The memorandum includes “Recommended Best Practices” to be followed by inspectors when using drones. Notably, OSHA must receive consent from the employer to use the drone. OSHA must also notify all affected personnel on the job site that it will be using a drone.
On average, home buyers are willing to pay an additional $8,728 upfront on a home in order to save $1,000 a year in utility bills, according to NAHB’s recently released study, What Home Buyers Really Want (2019 Edition). The study is based on a survey asking recent and prospective home buyers (people who bought homes in the previous three years or are planning to do so in the next three years) what they want in a home and community. It is important to note that while the average amount a home buyer is willing to pay is $8,728, the median is $5,000. The difference can be explained by the presence of some very green-motivated home buyers who are willing to pay more than $50,000 upfront to save $1,000 a year. It may also be the case that these particular home buyers have the means to make a bigger upfront payment.
Employers Must Use New I-9 Form
Oxford Mills, a $38 million historic rehabilitation in Philadelphia’s Kensington neighborhood, seeks to create a vibrant, education- based community of teacher housing and nonprofit organizations. Composed of two former industrial buildings, this high- density housing project includes 114 apartments that provide much-needed workforce housing and 38,000 square feet of commercial/office space for more than 10 different nonprofit organizations. Ninety of the apartments are rented to resi- dents earning up to 80 percent of the area median income (AMI), with 68 of those units reserved for local teachers. The remaining apartments are rented at market rates. The collaborative, education-centered model for Oxford Mills replicates other similar successful historic rehabilitation projects. Seawall Development’s Donald Manekin developed this model based on his experience as a board member of Teach for America and a two-year stint as interim chief operating officer of the Baltimore, Md., city school system. Based in Baltimore, Seawall Development partnered with another private developer, D3 Development in Philadelphia, to launch the model there. Although there was some pushback from local residents due to concerns about gentrification, several key strategies were utilized to maintain a sense of community, including discounted rents for teachers, designated office space for nonprofits and other educational organizations, social and professional programming and events, and community meeting spaces that are open to the public. For more housing affordability resources, visit nahb.org/housingforall.
King George County Quarterly Meeting Friday, May 3, 2019 10 am Orange County Meeting Friday, May 3, 2019 2 pm Caroline County Quarterly Meeting Wednesday, June 6, 2019 11:30 am Stafford County Bi-Monthly Meeting Monday, June 10, 2019, 9 am Spotsylvania County Bi-Monthly Meeting Monday, June 10, 2019, 3 pm
Photo by Imagic Photography
Affordable Project Enlivens Philly Community CoCommunity Affordable Project Enlivens Philly Community Affordable Project Enlivens Philly Community
SAVE THE DATES! Upcoming County Meetings
Partner Cornerstone Sponsor
Cornerstone Parter
Thursday, May 16th Hart Hat Member Networking 5:00PM-7:00PM Splitsville Sponsored by Holt For Homes Thursday, May 16th Legislative Committee Meeting 8:30 am -9:30 am FABA Boardroom Wednesday, June 5th Disc Golf Thursday, June 6th Getting the Most Out of Your Membership 8:30 am- 10:00 am FABA Boardroom Wednesday, June 12th Associates Committee Meeting 9:00 am-10:00 am FABA Boardroom Wednesday, June 12th Membership Committee Meeting 10:00 am -11:00 am FABA Boardroom *********** Thursday, June 20th Legislative Committee Meeting 8:30 am- 9:30 am FABA Boardroom Thurs-Sun , June 20th-23rd HBAV Annual Conference and Officer Installation The Greenbrair Resort Wednesday, July 31st Basic Spanish for the Work Site 11:30-1:00 FABA Boardroom Saturday, August 24th Crab Feast and BBQ 5:00 pm-9:00 pm Save the date for the always popular Crab Feast and BBQ at the Rod and Gun Club
May & June 2019 Calendar at a Glance
Get out the Housing Vote! Do you know which General Assembly candidates in your area support the housing industry? Please take a few moments to complete our Get out the Housing Vote survey here. On November 5th, 2019, Virginians will head to the polls to cast their vote for the individuals that will serve as their voice in the Virginia House of Delegates and State Senate. All 140 members of the Virginia General Assembly are on the ballot this year and the Home Builders Association of Virginia is working to elect candidates to office who truly understand that housing plays an important role in our local, regional, and national economies! The housing industry employs hundreds of thousands of individuals across the Commonwealth - and it's absolutely critical that we all head to the polls on Election Day! In the weeks leading up to the Primary and General Elections, HBAV will send out a list of candidates who support our industry and information about your polling location. In order to provide you with an accurate list of candidates in your area, we need to know your home address/where you are registered to vote. This information will not be shared with any of the campaigns - it will be used solely by the Home Builders Association of Virginia. Please take a few moments to complete our Get out the Housing Vote survey here. Thank you for your support of the housing industry!
Platinum Cornerstone Sponsor
Fredericksburg Area Builders Association Presents October 5-6 & 12-13, 2019
Early Bird Entries DEADLINE is May 31, 2019 – NO EXCEPTIONS 2019 Early Bird Model/Spec Home Entry Fee: $1000 per entry 2019 Early Bird Remodel Project Entry Fee: $750 per entry after June 1, 2019: 2019 Model/Spec Home Entry Fee: $1500 per entry 2019 Remodel Project Entry Fees: $1000 per entry This year's Parade of Homes also features revised judging criteria, builder awards, and new opportunities for FABA's Associate Members and Builders who do not have a model or tour-ready home to participate. Watch your email for more details about how you can be a part of this year's event.
May 2019 Membership Report
The Membership Committee meets the second Wednesday of each month at 10 am. This group is responsible for coordinating membership recruitment and the new member mentor program to increase membership retention. Emphasis is placed on recruitment and retention of members with Spike Club, new member receptions, and networking opportunities. The 1st Vice President serves as co-chair. New Builder Members David James Custom Homes- spike Scott Hine MMC Contracting- spike Sean Halsey
WHY I JOINED FABA... FABA is a one-size fits all organization. The monthly meetings, newsletter, and events focus on education and networking, but there is much more going on. We are kept abreast of activities in Congress, federal agencies, the courts, and state and local governments and the effects of these entities on the housing industry. There are many discounts and benefits for members and even member to member discounts. FABA has become my extended family. -Mary Jordan, MRP Realtor, United Real Estate Premier
The Associates Committee meets the second Wednesday of each month at 9 am. This committee is chaired by the Associate Vice President and plans and organizes several FABA events, and keeps the association focused on the needs of all members.
New Associate Members TYPAR/Snavely Forest Products- spike Frank Sigmon FASTSIGNS- spike Phill Solow L & L Carpet Discount Centers, Inc.- spike Dan Sandoval Green Century LLC- spike Sean Halsey Home Team Pest Defense- spike Robin Newhouse Virginia Paving- spike Marc Simes The Tile Headquarters- spike Sean Halsey MSI Surfaces- spike Marc Simes Stafford Memorial Park (HCS Holding Company)- spike Marc Simes
Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy eirmod tempor invidunt ut labore et dolore magna aliquyam erat, sed diam voluptua. At vero eos et accusam et justo duo dolores et ea rebum. Stet clita kasd gubergren, no sea takimata sanctus est.
Schiller Enterprises, Inc. Bin There Dump That Welford Engineering Associates Safford Chrysler Jeep Dodge Stantec Consulting Services Inc. Fireside Hearth & Home Kitchen Krafters Certified Plumbing Renewed Builder Members Sona Homes Drees Homes DreamMaker Bath and Kitches (Everett Enterprises) Westbrooke Homes Steve Spratt Development Inc.
Renewed Associate Members
Thank you for your continued support!
Education
Legislative
Basic Spanish for the Work Site July 31st from 11:30-1:00 FABA Boardroom Click here to Register
Stafford Down Zoning In April, FABA encouraged Stafford County residents to attend Public Information Sessions regarding new zoning proposals that could affect property values. FABA advocates for affordable housing and the preservation of the property rights of landowners. As such, FABA made sure to publicize this major opportunity for property owners to voice their comments and concerns to the Board of Supervisors.
FABA's Legislative Committee meets the third Thursday of each month at 8:30 am. This committee keeps membership informed on local issues that affect the building industry, research proposed ordinances, and work with local governments to try to bring about change that is beneficial to members and government.
scholarships
Workforce Grant Award
In Early April FAB Foundation announced the winner of the FAB Foundation Workforce Grant. The winner, a student a Germanna Community College, was awarded over $1,000 to be used towards their HVAC education.
FAB Foundation
The FAB Foundation is chaired by group of voluntary directors who work to help the Fredericksburg area community through several initiatives. FAB financially supports non-profit organizations in the Fredericksburg region that specifically coordinate and provide home repair and safer living conditions for those in need. Helping make repairs and improvements related to home ownership affordable. With a greater emphasis on the growing need for Workforce Development in our region, FAB has partnered with local educators and has established two local NAHB Student Chapters in Stafford and Spotsylvania counties, and will continue working toward the establishment of student chapters in all the municipalities that we serve. FAB Foundation has grant opportunities available for those looking to learn a trade and to potentially partner with member mentors and job placement opportunities. For more information on all the good that FAB Foundation does, call Maria Moore, Fredericksburg Area Builders Association Executive Vice President, at 540-898-2730, email at mmoore@fabava.com, or go to www.fabava.com and select FAB Foundation tab.
This month, FABA awarded five students from the Fredericksburg area over $15,000 in scholarships via the Steigleder Family Scholarship Fund. The Steigleder Family Scholarship Fund was created in 1998 to serve the higher education needs of students from the Fredricksburg area going to the University of Richmond.
Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy eirmod tempor invidunt ut labore et dolore magna aliquyam erat, sed diam voluptua. At vero eos et accusam et justo duo dolores et ea rebum. Stet clita kasd gubergren, no sea takimata sanctus est. Lorem ipsum dolor sit amet, consetetur sadipscing elitr, sed diam nonumy eirmod tempor invidunt ut labore et dolore magna. At vero eos et accusam et justo duo dolores et ea rebum. Stet clita kasd gubergren, no sea takimata sanctus est Lorem ipsum dolor sit amet.
signing day
This month, FAB Foundation attended Spotsylvania County Public Schools' first annual "CTE Signing Day" at the Career and Technical Center! School board members, state Delegates, and the press all attended this celebration of soon-to-be graduates as they “declared” their new career paths in vocational trades and jobs straight out of high school!
Discover your future expo
October 8-10th @ Fredericksburg Expo Center No cost for booth for businesses Multiple sponsor levels available
Logo Contest
In February, FAB Foundation announced they would be holding a contest in which high school students could win a $100 award for designing a creative, innovative, and professional logo design. The winner, a Spotsylvania County student, was announced in March. See below for FAB Foundation's new logo!
Why Volunteer? Part of being a great volunteer is loving what you're doing. Find something that you're passionate about or something that inspires you, and then find a need in your community. There are dozens of reasons why you should volunteer - you just need to find the one that feels right. 20 GREAT REASONS TO VOLUNTEER - Help others - Make a difference - Find purpose · Enjoy a meaningful conversation · Connect with your community · Feel involved · Contribute to a cause you care about · Use your skills in a productive way · Develop new skills · Meet new people · Explore new areas of interest · Meet good people · Impress your mom · Impress yourself · Expand your horizons · Get out of the house · Make new friends · Strengthen your resume · Feel better about yourself
Community Service
The Community Service Committee plans and organizes FABA's outreach and service in the local community and partners with members and non-profit groups to find ways to give back.
Virginia Builders Summit & Expo
HBAV will be hosting the Virginia Builders Summit and Expo in Richmond on September 19, 2019. We held our first committee meeting for the event this morning and I was asked to send a short summary of the event to each of you in hopes that you’ll help promote the event to your members. All of the information below can be found on the event website, http://vabuilderssummit.com/ About the Show: The Virginia Builders Summit & Expo brings housing industry professionals together from across Virginia for one day. Exhibitors will display products and services, build relationships, create brand awareness, generate leads, and be able to answer questions in person. The home building and housing market is constantly evolving. Attendees will look to the vendors at the Virginia Builders Summit and Expo for new products and services to separate them from their competition. Exhibitors: The show will feature 48 exhibitors geared towards marketing their products and services to home builders. Education: The event will feature 8 educational sessions for home builders. Registration: Member registration is $65. Registration includes expo floor access, education classes, and lunch! For more information, visit the event website, http://vabuilderssummit.com/
www.DominionEnergy.com
Platinum Cornerstone Sponsor:
Gold Cornerstone Sponsor
Gold Cornerstone Sponsors
2019 FABA Board of Directors
President Marc Simes WJ Vakos 1st Vice President Stacey Lampman Spaces Design Studio 2nd Vice President Scott Hine Assurance Financial Group Secretary Sara Fila Legacy Engineering Treasurer Jeremiah Horstick CORELOT Immediate Past President Gene Brown Atlantic Builders, Ltd. Associate Vice President John Reid Embrace Home Loans Builder Director Dan Sandoval Republic Home Builders Builder Director Sean Halsey Halsey Homes Builder Director John Gasque Cornerstone Homes Builder Director Tim Hall Tricord Homes Builder Director Teressa Taylor-Griffis Foundation Homes Builder Director Brandon Serbay Built Right Homes Associate Director Bruce Reese Legacy Engineering, PC Associate Director Frank Sigmon Builders FirstSource Associate Director Rusty Cowper Embrace Home Loans Legal Counsel Charlie Payne Hirschler Fleischer Executive Officer Maria Moore FABA
The Legislative Committee meets monthly to discuss the status of local and state level legislation that affects the building industry. For more information from each county, plan to attend the Legislative Committee meeting this Thursday, May 16th at 8:30 am. The FAB Foundation board of directors meets monthly to discuss ways to involve the association with local workforce educators and help promote workforce development in our area. If you would like to be invoived with these students, contact FABA for more information.
Legislative News
Silver Cornerstone Sponsors:
We help you ask the right questions about home or commercial roofing and exteriors. By combining our passion for our industry and our belief in 100% customer satisfaction, you have found the right experts for quality advice. Our goal is to provide our customers with the most outstanding service in the industry while maintaining a family atmosphere for our customers, vendors, and employees. Our 30,000 square foot facility allows us to buy in large volume and pass the savings on to our customers. Our partnerships with several manufacturers have strengthened our resources giving us valuable insight and education that we pass on to our customers. We are consistently proactive in researching new products, materials, and techniques so that our clients will have access to the latest product offerings in our market.
We're EASY to do business with
Thank you to all of our Cornerstone Sponsors and Advertisers Don't forget to refresh or submit your ads!
FABA works to educate, promote and represent the building industry while enhancing the region’s quality of life.
NEWS AND HAPPENINGS Send us your press releases, news, and event information! We can post it here in our newsletter and on the Member Happenings page of our website! Contact admin@fabava.com for more information.
JOB OPENINGS? Do you have job openings, apprenticeships, or internships to fill? Contact us today! FAB Foundation is working with FABA's workforce partners to help you fill these positions with qualified and trained local students. FABA also posts job openings on the FABA website. Contact admin@fabava.com for more information or assistance.
