The newly released and expanded Paycheck Protection Program opened to new and certain existing borrowers last week, and the National Association of Home Builders wants to help applicants navigate their eligibility. This new round of PPP loans includes an additional $284 billion in funding for small businesses and includes several enhancements, says NAHB. The association seeks to answer questions from members and HBAs through its frequently asked questions list and a series of webinars, which are now available on-demand.
An updated list of FAQs about the loan programs is also now available. The deadline to apply for the new loan program is March 31, but if you are interested in applying, it is important to work with an SBA-approved lender as soon as possible.
For more information, contact Heather Voorman or Alex Strong.
Advertisement
Related Stories
Economics
Housing Share of GDP in Q1 2024 Rises Above 16%
The increase marks the first time GDP has surpassed 16% since 2022
Sustainability
Which Green Building Practices Are Home Builders Using Most?
A recent report reveals which green-building practices are most popular among single-family home builders and remodelers
NAHB
NAHB: Working to Build a Stronger Housing Industry
NAHB Chairman's Message: 2024 promises to be a great year in which NAHB will continue its advocacy efforts and work to both strengthen the home building industry and deliver more affordable homes for Americans
