Current Government Affairs News

Stay current with the most recent and pressing issues affecting our industry.

SBA and Treasury Release PPP Loan Forgiveness Application

Posted on May 20, 2020

The U.S. Small Business Administration, in consultation with the U.S Department of the Treasury, has released the Paycheck Protection Program (PPP) Loan Forgiveness Application and detailed instructions for the application. ...

Employee Retention Tax Credit: What You Need to Know

Posted on May 11, 2020

The IRS has released an extensive FAQ clarifying many early questions about when the employee retention tax credit can be claimed. The tax credit is designed to support eligible employers whose businesses are disrupted du...

Stay-Home Order Extensions, Expiration Dates

Posted on April 29, 2020

To our members: Are you wondering which stay-home order expiration date applies to you, your family and/or your business? In an effort to assist you in determining the best course of action, KCHBA is providing links to the...

Reapplying for Small Business EIDL Loans Under the CARES Act

Posted on April 24, 2020

The new $484 billion aid package approved by Congress includes $60 billion to renew funding for the Economic Injury Disaster Loans (EIDL) program and adds $320 billion to the Paycheck Protection Program (PPP). Those who w...

HBI Extends Complimentary Online Learning Resources

Posted on April 24, 2020

The Home Builders Institute (HBI) has extended free online learning alternatives for local schools and training programs through May 31, in response to continued requests for K-12 Career Technical Education (CTE) amid the COV...

Pause for a Safety Stand Down April 16

Posted on April 13, 2020

To our members: The health and safety of workers on home building job sites is a top priority for the Home Builders Association of Greater Kansas City (KCHBA). Out of respect for the city and county employees engaged in ne...

Fannie, Freddie to Allow Desktop Appraisals on New Construction Loans

Posted on April 6, 2020

The Federal Housing Finance Agency (FHFA) has announced several loan processing flexibilities from Fannie Mae and Freddie Mac, including allowing desktop appraisals on new construction loans. Other flexibilities announced by ...

A Weekly Economic Update from NAHB’s Chief Economist

Posted on April 6, 2020

NAHB Chief Economist Robert Dietz provides analysis on the effects of the COVID-19 pandemic: The pace of job losses from the imposition of social distancing is accelerating. New jobless claims expanded from 3.3 million las...

FAQs for Those Seeking Small Business Loans Under New Stimulus Law

Posted on April 1, 2020

The Coronavirus Aid, Relief and Economic Security (CARES) Act expands the Small Business Administration’s (SBA) 7(a) loan program to include nearly $350 billion for a small business program called the Payroll Protection Pro...

COVID-19 Updates: Federal, State Announcements

Posted on March 30, 2020

To our members: As part of KCHBA's efforts to provide our members with the latest information related to COVID-19, I wanted to share two recent announcements. Kansas Governor Laura Kelly has issued Executive Order 20-16...