The CAHB and its partners have worked closely with the state of Colorado and local officials to ensure that construction remains an essential service during the current COVID “stay-at-home” orders. In order to remain working during the current and future orders, we need to work together to ensure that all workers are following social distancing practices as much as possible. Remember, working through this Order is a privilege. We need to demonstrate that we have responsible jobsites so the privilege isn’t revoked.
The Colorado Department of Public Health and Environment released guidance on worksite safety—please click here to review.
The CAHB has an English and Spanish-language handout that can be distributed at worksites and posted in key locations. The handout is available by clicking here. Please take a moment to review the content and to ask all jobsite managers to distribute this handout.
For more information, please click here for a toolkit from NAHB that will help further promote and institute COVID-19 prevention, preparedness and response plans. The toolkit can help make your company’s policies safer and demonstrate to local government partners, trade partners and the community that we are going above and beyond to promote safe and clean worksites.
CARES Act Programs:
The Coronavirus Aid, Relief and Economic Security (CARES) Act, the Phase 3 economic-stimulus package passed by Congress last week includes two important programs for small business: The Payroll Protection Program (PPP) and Economic Injury Disaster Loans (EIDL).
PPP will expand the Small Business Administration’s (SBA) 7(a) loan program to include nearly $350 billion for payroll. The program is for companies with 500 or fewer employees. It is not provided through SBA directly, so the first step to qualifying for a loan through PPP is to find an SBA-approved lender in your community. If your bank is not an SBA lender, you can contact the SBA at 1-877-475-2435 or visit the SBA 7(a) loan program by clicking here.
The NAHB has put together FAQs on how to apply for a small business loan under the Payroll Protection Program. The FAQs are available by clicking here.
For HBAs and local associations, the NAHB has put together a Stimulus Resources for State and Local Associations guide document. Please click here to review.
According to the Treasury Department, the SBA should have this program up and running by tomorrow, April 3, so that businesses can go to a participating SBA 7(a) lender, bank or credit union to apply for a loan—and be approved on the same day.
If you have questions about the SBA program, please complete an NAHB web form at https://www.nahb.org/other/forms/open/feedback-on-small-business-administration-loan-programs.
The Economic Injury Disaster Loans program will allow small business owners to apply for low-interest loans of up to $2 million that can provide vital economic support to help overcome the temporary loss of revenue due to the COVID-19. Applicants may request an advance in the amount of $10,000 to be delivered within three days of the request. This advance must be used to:
- Provide sick leave to employees unable to work due to the effects of COVID-19;
- Maintain payroll to retain employees;
- Cover increased costs of materials due to interrupted supply chains;
- Make rent or mortgage payments; or
- Repay other obligations that cannot be met due to revenue losses.
An applicant will not be required to repay this advance if it is used for these purposes, even if they are subsequently denied a loan under the EIDL program. Qualified businesses can apply online at disasterloan.sba.gov/ela/. For application assistance, please contact the SBA at 1-800-659-2955 or email@example.com.
NAHB CARES Act Seminar:
Join NAHB for a series of member-only webinars on today and Friday to learn what the CARES Act means for home builders.
Visit the registration page to learn more and register today. There is limited capacity for these sessions, so be sure to register early. If the session you want to attend is full, the recordings will be available after the conclusion of the series.
Colorado General Assembly:
The Colorado Supreme Court on Wednesday afternoon issued its opinion on the adjournment of the current legislative session. The Supreme Court ruled 4-3 in favor of Democrat legislative leaders who argued that the state’s Constitution doesn't explicitly count legislative days as consecutive and instead can be separate working days—especially during a public-health emergency. The majority also concluded that the constitution also does not set an end date for the 120-day session, but that it does specifically sets a session start date.
This likely means the General Assembly will continue to adjourn until the stay-at-home orders are lifted, possibly with exception of finalizing the state’s budget and other fiscal matters. Those must be completed before the first day of the state’s fiscal year on July 1. This likely means the General Assembly will reconvene in the summer, with 52 days left in the 2020 regular session.
Updates on Executive Orders from Governor Polis:
Gov. Jared Polis announced Wednesday that he is extending school closures through April 30, consistent with federal guidance on in-person gatherings. Gov. Polis is expected to issue an Executive Order on the extension. In addition, Denver Mayo Michael Hancock has said he is preparing an extension of Denver’s “stay-at-home” order through April 30 and will then have a phased approach to slowly reopen Denver—if the order is not extended into May.
The Governor recently signed an Executive Order temporarily suspending the personal appearance requirement before notarial officers can perform notarizations. The EO authorizes the Secretary of State to promulgate and issue temporary emergency rules in order to facilitate remote notarization.
Colorado receives Major Disaster Status:
On March 28, the federal government approved a Major Disaster Declaration request for Colorado, unlocking access to more federal resources for the state. This designation, combined with the legislation passed by Congress and signed by the President, is welcome relief on both the emergency management front and the economic front. The Governor has held daily calls with Colorado’s federal delegation. The federal delegation also supported the request with a joint letter.
REMINDER – PPE Donations:
The CAHB and local HBAs are still working to collect excess personal-protection equipment (PPEs) for our hospitals and frontline medical providers working hard to defeat COVID-19. This equipment, specifically protective masks and eye protection, are commonly used in construction.
The Metro Denver and Northern Colorado HBAs are accepting donations at the following locations:
- Home Builders Association of Metro Denver, 9033 E Easter Place, Centennial 80112
- HBA of Northern Colorado at 1907 N Boise Avenue, Loveland 80538
**At both of these sites there will be containers in the parking lots that you can simply drop your supplies into. **
For other donation locations in Colorado Springs and statewide, please click here.
After donating supplies, please let us know by tweeting us at @COHomeBuilders and use the hashtags: #doingmypartco and #HBAs4PPEs