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Coronavirus Information

As we all navigate in the uncertain environment created by the ongoing coronavirus pandemic, NSHBA is thankful that we were able to hold the Legislative Banquet.
 
So far Nebraska hasn't been hit as hard as other states. But we all must be diligent in what is recommended by our leaders and communities. It is important for all of us to take precautionary measures to keep our employees safe. Listed below are some valuable resources.
 
In regards to employment specific questions related to your business it is best to contact a lawyer, and in regards to tax questions contact a CPA.
 

NAHB Resources - Specific to our Industry

NAHB continues to closely monitor how coronavirus is impacting the housing industry and your members' bottom line. To help your members navigate the current crisis, NAHB has new resources available on the Coronavirus Preparedness and Response on nahb.org
 
Highlights include:
 
How to Obtain an SBA Loan and Have it ForgivenIn depth information on how to obtain an SBA Loan - resources for PPP and EIDL SBA Loans
 
IRS Releases New Form for Businesses to Claim Advance PaymentsAny business who will be claiming the employee retention credit, sick leave credit, and/or family medical leave credit, to the extent these credits exceed their payroll tax liabilities, can file IRS Form 7200 to get an advance on their anticipated tax refund. You can view and print the form here. The IRS has also released additional guidance on the employee retention credit for businesses that have been financially impacted by COVID-19. For addition information, see the NAHBNow posts on sick and family medical leave as well as on the CARES Act.
 
New OSHA Guidance: COVID-19 Illnesses Not Recordable for Construction On April 10, the Occupational Safety and Health Administration (OSHA) revised its guidance on whether employers are required to record cases of COVID-19 in their Form 300 Logs for reporting occupational injuries and illnesses. OSHA’s memo is in direct response to significant concerns raised by NAHB and construction industry partners in a letter to OSHA regarding its position on the recordability of COVID-19 cases.
 
Senate Approves $2.2 Trillion Economic Stimulus PackageThe Senate approved a nearly $2 trillion economic stimulus package in response to the coronavirus pandemic that has wreaked havoc on the U.S. economy. The CARES Act includes several provisions to help small businesses and those engaged in the residential construction sector.
 
Construction Exemptions Map: A map of states and localities allowing construction workers to stay on the job.
 
Economic Outlook:A weekly update by NAHB Chief Economist Robert Dietz.
 
Consumer Resources.:A compilation of mortgage assistance and relief options for home owners and borrowers. The page also has a short YouTube video from Federal Housing Commissioner Brian Montgomery. He outlines the steps HUD is taking during the coronavirus pandemic.
 
Virtual Townhall Recordings: Virtual Townhall Recordings. Archived videos from the Multifamily Council, NAHB Remodelers Council and 20 Clubs.
 
NAHB will continue to provide up-to-date economic forecasts, policy updates, and business continuity and communications resources to EOs and HBA staff.
 

Federal Resources

CDC (Centers for Diease Control and Prevention)
 
Employee Rights under the Families First Corona Response Act Download Poster - Post by April 1st, 2020
 
Be aware of Scams
 
OSHA Injury and Illness Recordkeeping and Reporting Requirements
 
COVID-19 OCCUPATIONAL SAFETY AND HEALTH ADMINISTRATION
 

Nebraska Resources

Legislature approves emergency coronavirus funding
 
Department of Health and Human Services
 
City of Lincoln Coronavirus Mitigation and Response
 
Tax Credits Available
 

Other Resources

Self-Checker THe CDC has a Coronavirus Self-Checker that will ask you a series of quetions to assist you in determining whether you should be tested.
 
Ideas for Safety and Health Protocols - Here is a video about protocols on the job site
 

SBA Economic Injury Disaster Loans

Small businesses owners in Nebraska and several other states are now eligible to apply for SBA Economic Injury Disaster Loans (EIDLS). Any small business owner affected by COVID-19 since the beginning of January 2020 is eligible to apply. Although the application is straight-forward, it does require a high level of detail that some business owners may not have readily on-hand. If you are considering submitting a loan application, click on the link below. We strongly encourage you to contact your banker, attorney, or CPA for assistance.
 
Disaster Loan Assistance - U.S. Small Business Administration
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