Resource Roundup: Facing the new normal

Each week, we’re rounding up a list of valuable and inspiring industry content to keep you informed, empowered and motivated for future success.

Today, we’re bringing you information on what to do when employees are exposed to COVID-19, a podcast episode from National Association of Home Builders discussing the increase in lumber prices, details about Paycheck Protection Program loan forgiveness and more.

Business insights

• Increasing lumber prices are causing concern for the construction industry. Listen to this podcast episode from the National Association of Home Builders for an analysis on how the housing industry is leading economic recovery and how lumber prices could have a negative impact.

Financial resources

• Last week, the Federal Housing Finance Agency announced that the deadline for purchasing qualified loans in forbearance would be extended to Sept. 30, 2020. Read this article from the National Association of Home Builders to see how this could affect your construction business.
• Loan forgiveness for the Paycheck Protection Program could mean a large tax bill. Get all the need-to-know information in this article from Construction Dive.

Legal Issues

• Despite taking necessary and required precautions on the job site, it is likely that one of your employees will be exposed to COVID-19. Read this blog post from law firm Kilpatrick Townsend for what to do when this happens.

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About The Author

Chelsea Cole Chelsea Cole is a senior content marketing specialist at Buildertrend