2019 Year in Review
A huge thank you to all of of our members, our partners, our sponsors, and friends for helping to make 2019 such a successful year for HB&RACC and the Building Industry. We value and appreciate all of your support - we could not accomplish everything we have without your help and leadership! We look forward to 2020 - calendar at the end of newsletter
What We Accomplished Together
https://www.youtube.com/watch?v=srvHJBPMSZE&feature=youtu.be
Members of the HB&RACC Board being sworn in
Annual Meeting 2019
Thank you to Peter Kimball for his years of leadership as HB&RACC President!
Welcome new HB&RACC President Trevor Meyer of Meyer and Sons Builders Inc.
2019 HB&RACC Annual Award Winners
Building Community Award Habitat of Humanity CC Volunteer of the Year Award April Ducott, Cape Associates, Inc. New Member of the Year Bellew Tile & Marble, Inc. Associate of the Year White Wood Kitchens Builder of the Year Encore Construction Company
‘Building the Dream’ Event Examines Affordability Problem Government officials and community stakeholders came together at NAHB’s recent kickoff of its “Building the Dream” series in Minneapolis to highlight how this crisis is being addressed at the local and state level to help bridge the gap for homeownership. Stay tuned to NAHB’s Election 2020 webpage for more information, including videos and photos, as well as upcoming event details.
NFIP Extended Through Dec. 20 To prevent a government shutdown, Congress has approved a continuing resolution that will keep the government funded for another month through Dec. 20. President Trump signed the bill into law. The government funding package means that the National Flood Insurance Program (NFIP), will also be extended through Dec. 20.
NAHB Members Win DOE Awards More than a dozen NAHB members were recently recognized by the Department of Energy’s Housing Innovation Awards at EEBA's High Performance Home Summit in October. Each year, the DOE recog- nizes builders in various categories for leading the industry in building zero energy ready homes, or homes that are verified to meet federal standards on energy efficiency, indoor air quality, and durability. Cost of Lots Hits Record High Single-family lot prices reached a record high in 2018, with half of all lots selling at or above $49,500, according to NAHB’s analysis of Census Bureau data New England has the most expensive single-family lots, with a median price of $140,000. The East South-Central Division (Mississippi, Alabama, Tennessee, Kentucky) has the lowest median value at $38,000 per lot.
Preventing Fatigue on the Jobsite Fatigue is a hidden but common hazard in all workplaces. In safety-critical positions, the consequences of being tired can be catastrophic. For example, mistakes on construction sites, like when climbing or working on ladders or driving trucks, can easily lead to injuries or even death. Learn about steps your company can take to reduce fatigue-related accidents and injuries.
Executive Officer Awards EO Award 1 Christine Duren EO Award 2 Bill McMahon, Robert B. Our Company, Inc. EO Award 3 Crystal Pieschel, Mid-Cape Home Centers President’s Choice Awards President’s Choice 1 Andrew Tyner, Shepley Wood Products President’s Choice 2 Brian Harding, Andersen Windows & Doors
2019 HB&RACC ANNUAL AWARD WINNERS
U.S. Construction Employment On the Rise
FEMA Delays Risk Rating 2.0 The Federal Emergency Management Agency (FEMA) has announced that it is deferring implementation of its new flood insurance risk rating system to Oct. 1, 2021. FEMA, which oversees and implements the National Flood Insurance Program (NFIP), has initiated a long-term effort to transform the program to make it more consumer friendly and better reflect the actual risks properties face. FEMA is deferring the implementation of the initiative, commonly referred to as Risk Rating 2.0, so that it can review the proposed rating structure as part of an effort to protect policyholders and minimize unintentional negative effects of the transition.
The construction industry gained 10,000 jobs in October, according to the latest data from the U.S. Bureau of Labor Statistics. Nearly half of those job gains (4,600) were in Florida. New York, meanwhile, lost 3,000 construction jobs last month. The construction sector data includes both residential and non-residential construction. Forty-eight states reported construction sector jobs data. Twenty-eight states had an increase for the month, 18 states reported a decline compared to September, and Maine and Missouri were unchanged. Year-over-year, the U.S added 148,000 construction sector jobs, a 2% increase compared to October 2018. Texas added 51,400 jobs, the largest yearly gains of any state, while Louisiana lost 9,700 jobs, the largest decline. In percentage terms, Nevada had the highest annual growth rate in the construction sector at 13.1%. Louisiana reported the largest annual decline percentage-wise at 6.4%.
Big Builders Gain Market Share The top 20 builders produced 29% of all the homes constructed in the country in 2018, according to data from BUILDER magazine. That share is a notable gain from 2017, when the largest 20 builders were respon- sible for 26.8% of all completions. In 2000, these firms built 16.6% of U.S. homes. Large builders have grown by entering new markets, expanding their operations in existing markets, and acquiring smaller firms and their land. Large builders can also leverage their size to access credit markets to acquire land and to achieve economies of scale in the purchase of building materials. Local and regional builders are still respon- sible for the majority of new home starts.
Acadia Insurance is offering free OSHA 10 courses to members of HBRAMA. You do not need to be an Acadia policy holder to participate - just indicate your HBRAMA membership.
Registration is still open for SCORE'S Building Business for the Skilled Trades. Enter promo code PROF2020 for discount!