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The latest industry and company news, personnel announcements, and market trends and forecasts.

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COVID-19 Pandemic Concerns Cause Weakening in Multi-Family Builder and Developer Confidence in 2020 First Quarter

The survey was conducted during the first part of April, when many of the effects of the pandemic had become apparent.
June 5, 2020
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Confidence in the market for new multi-family housing weakened significantly in the first quarter of 2020, according to results from the Multifamily Market Survey (MMS) released recently by the National Association of Home Builders (NAHB).


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COVID-19

SBA and Treasury Department Announce $10 Billion for CDFIs to Participate in Paycheck Protection Program

Community Development Financial Institutions work to expand economic opportunity in low-income communities by providing access to financial products and services for local residents and businesses.
June 4, 2020
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The U.S. Small Business Administration (SBA), in consultation with the U.S. Treasury Department, recently announced that it is setting aside $10 billion of round-two funding for the Paycheck Protection Program (PPP) to be lent exclusively by Community Development Financial Institutions (CDFIs).
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Henkel global climate advocacy

Henkel Joins Global Climate Advocacy Effort Calling for Net-Zero Recovery from COVID-19

The companies are calling for policies that will build resilience against future shocks by supporting efforts to hold global temperature rise to within 1.5°C (34.7°F) above pre-industrial levels.
June 3, 2020
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Henkel is among 155 major global companies from 34 sectors that have signed a statement urging governments around the world to align their COVID-19 economic aid and recovery efforts with the latest climate science.


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NIST Mojdeh Bahar

NIST Names Bahar Associate Director for Innovation and Industry Services

In this role, Mojden Bahar has responsibility for enhancing the successful transfer of new technologies from NIST’s research laboratories to commercial markets.
June 1, 2020
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The U.S. Department of Commerce’s National Institute of Standards and Technology (NIST) recently announced the appointment of Mojdeh Bahar as associate director for innovation and industry services (ADIIS).
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