The National Lumber and Building Material Dealers Association (NLBMDA) went on record supporting the President Trump’s signing of legislation on Saturday, extending the Paycheck Protection Program (PPP) through August 8, 2020. After news of the extension dropped, the NLBDMA issued the following statement: “NLBMDA applauds Congress and President Trump for ensuring that small businesses will […]

The Small Business Administration (SBA) and the Treasury Department recently released the Paycheck Protection Program (PPP) Loan forgiveness application along with application instructions. The form and instructions advise borrowers on how to apply for forgiveness of their PPP loans, consistent with the Coronavirus Aid, Relief, and Economic Security (CARES) Act. According to the administration, it […]

Last week, the National Lumber and Building Material Dealers Association (NLBMDA) sent a letter to Capitol Hill urging lawmakers to quickly pass additional funding for Economic Injury Disaster Loans (EIDL) and the Paycheck Protection Program (PPP). NLBMDA created a grassroots campaign for members to contact their elected officials, echoing this message. “Funds for these loan programs […]

Officials from the National Lumber and Building Material Dealers Association (NLBMDA) released a statement yesterday, applauding actions taken by a group of bipartisan legislators in both the House and Senate to reintroduce the Affordable Housing Credit Improvement Act. NLBMDA staff said the legislation would address the nation’s shortage of affordable housing by protecting, expanding and […]

Following the signing of the United States-Mexico-Canada Agreement (USMCA) in Buenos Aires, Argentina, at the G20 Summit, the National Lumber and Building Material Dealers Association (NLBMDA) released the following statement: “NLBMDA is pleased that the U.S., Mexico and Canada have reached an agreement and are moving forward to update NAFTA,” says NLBMDA president and CEO […]

The National Lumber and Building Material Dealers Association (NLBMDA) recently honored John Bates for his dedication to the association and industry at the NLBMDA Installation Dinner, held October 17 in Chicago. Bates has been in the industry for 45 years, with Barnes Building Materials in Cedar Falls, Iowa. He began his employment with Barnes while […]

The National Lumber and Building Material Dealers Association (NLBMDA) applauds President Trump for signing the Strengthening Career and Technical Education for the 21st Century Act on Tuesday. Last week, both the House of Representatives and Senate passed the legislation, which reauthorizes the Carl D. Perkins Career and Technical Education Act that provides federal support to […]

The recent focus of international trade disputes has been on aluminum and steel tariffs, which are affecting the door and window industry. However, another long-simmering trade controversy, the softwood lumber dispute between the U.S. and Canada, is taking a toll on residential construction as the housing market continues to shake off the effects of the […]

The National Lumber and Building Material Dealers Association (NLBMDA) has released its national legislative and regulatory policy agenda for 2017. The document brings focus to the common interests of the industry and includes policy goals for continued growth in the nation’s housing and building industry. “Lumber and building material dealers continue to play an important role in furthering America’s economic growth as part of […]

A  federal judge recently issued a preliminary injunction stopping the U.S. Department of Labor’s (DOL) Overtime Rule from taking effect nationwide on December 1. The injunction means that the rule won’t go into effect until the case is resolved or the injunction is lifted by the judge. The DOL will likely appeal the injunction. “We strongly […]