Weekly Update: July 13, 2017

   The Iowa Chapter of Associated Builders and Contractors is leading the way in workforce development, currently servicing over 1,500 apprentices in their HVAC, electrical, plumbing and sheet metal programs. We met with them a few weeks ago and discussed a number of  topics.  Check out their cool new trailer that will be touring around to schools throughout Iowa.

Mike Rowe Contracted for Sure!

We’re really excited about bringing Mike Rowe to Central Iowa on September 28 and we’re seeking sponsors for the event.  It’s an expensive project.  Check out the sponsorship packages and contracts:

Sponsorship Packages

Sponsorship Contract

For more information contact Dan Knoup or Melisa Cox at 515-270-8500 or email Jay Iverson.

Fall Interns for Your Company?

We haven’t worked this angle hard enough, even though several members are quite successful at it.  Student internships provide a valuable opportunity for home builders, remodelers and other industry pros to engage with three talent resources to meet their skilled labor needs: high school students in career and technical education programs; community college students; and university students.

NAHB recently released a guide, Student Internships: Resources for NAHB Members, to help members understand work-study student-learning opportunities and how to determine the type of student resource that best fits your company’s needs. The guide focuses on one type of work-study student learning experience: the paid internship.  The guide will help you identify ways to:

Establish contacts at local high schools or colleges

  • Engage with students through career fairs and other approved venues
  • Write a suitable job posting
  • Interview and hire candidates
  • Supervise, evaluate and communicate with your interns and their educational institutions

The internship guide can be found in the members-only Skilled Workforce Development Resources section on nahb.org, under Internship Resources.

NAHB Leadership Meets with Governor Reynolds

NAHB President Jerry Howard, Government Affairs VP Jim Tobin and Intergovernmental Affairs VP Karl Eckart met with Governor Reynolds and her staff last week, discussing workforce development and Home Builders Institute.  There is an amazing amount of work going on as we continue to deal with our labor shortage crisis.  Stay tuned.

   Over 200 golfers participated in the Dubuque HBA golf outing last Monday at Lacoma in East Dubuque, IL.  It’s a beautiful 45 hole course that works well with large groups.  It was steamy, but a great time! 

An Awesome Member Benefit – Snazzy Traveler

We just received a report on how many members have been using Snazzy Traveler for your travel needs.  Not overly impressive, but still our members saved a little over $20k through YTD June 2017 – you’re missing out!  A great example was our HBAI leadership booking the Marriott Wardman for the NAHB mid-year.  We saved about $3k over NAHB and the best Marriott prices out there – huge money for our organization.

If you have not yet opened your free Snazzy Traveler account, through your HBAIowa membership, here’s what you have missed:  Our members have saved on average 27% on hotels and 38% on car rentals.  The program is free, there are no black-out dates, there is a low-price guarantee on hotels and a rewards program that lets you use the rewards credits for any type of travel offered on Snazzy Traveler.  Getting onto Snazzy Traveler couldn’t be easier.  Just follow these simple instructions:

  1. Use this link:  www.snazzytravler.com/HBAIowa
  2. Click the “Join Now” button.
  3. You’ll see a green button that says, “Redeem Code Here”.  Click it.
  4. On the next page simply enter the promo code HBAIowaTravel2017 in the box under “Promotional Code” and then hit “Check Code”.   (DO NOT ENTER ANYTHING ELSE ON THIS PAGE AND DO NOT GIVE A CREDIT CARD ON THIS PAGE.)
  5. Once you put in your code and hit Redeem Code, you will see a green box to the right that says success and you will be taken to the next page.  (If you get an error message, reenter the code again.)
  6. On the next page simply enter your information in the boxes provided and check off the box “I agree to Terms and Conditions” and hit the “Submit” button.
  7. Once you hit the Submit button and you’ll get a Success message and will be redirected into Snazzy Traveler.

That is all there is to it and now you’re on.  Don’t just sit there, go onto Snazzy Traveler and start saving today.  You’re going to be traveling at some point, so why not use your free benefit, as a member of HBAIowa, and save money.

Know Before You Owe Mortgage Rule

The Consumer Financial Protection Bureau (CFPB) on July 7 published final updates to its “Know Before You Owe” mortgage rule. The updates offer amendments on finance charge disclosures, disclosures that are tied to housing assistance that a borrower receives, and when information can be shared with third-parties, including real estate agents.  The final rule clarifies disclosures for construction and construction-to-permanent loans addressing many of the concerns lenders have expressed in making these loans.

The CFPB decided not to adopt the proposal which NAHB opposed that would have required a creditor who offers both construction and permanent financing to provide disclosures to the consumer for both the construction and permanent phases regarding whether the consumer expressly indicated they would obtain permanent financing from the same creditor who provided the construction financing.

In addition, the CFPB clarified that a creditor may share the Closing Disclosure (CD) with sellers and various other parties, including real estate agents. However, the CFPB omits an originally proposed fix for the so-called “black hole” that is created when a mortgage closing is delayed.  The agency has published a proposal for additional comments that attempts to clarify the circumstances that a creditor can use the CD form, instead of the upfront Loan Estimate.  The nearly 600 page rule which can be accessed here.

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