Congress passed a COVID relief bill late Monday and the National Association of Home Builders (NAHB) wasted no time in applauding these efforts.

Chuck Fowke, NAHB chair and a custom home builder from Tampa, Fla., issued the following statement after Congress passed a $900 billion economic relief package.

“NAHB commends congressional leaders for working together to craft a bipartisan rescue package that will provide much-needed relief for American families and businesses that continue to suffer economic hardship stemming from the COVID-19 pandemic,” he said. “The legislation contains several provisions championed by NAHB. These include simplified Paycheck Protection Program loan forgiveness rules for small businesses, dedicated rental assistance to help renters and landlords, and improvements to the Low-Income Housing Tax Credit that will spur the production of thousands of new affordable rental units. This relief bill will help housing continue to lead the economy forward.”

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