WASHINGTON, DC — The National Association of Home Builders is “thankful” that White House officials have heeded NAHB requests to meet regarding home building material supply chain issues that continue to impact both new construction and remodeling.
NAHB officials expressed their gratitude this week after participating in a virtual meeting hosted by the White House regarding potential solutions to production and supply chain bottlenecks that have resulted in soaring material prices. The meeting was “the culmination of a year-long effort to educate the public and policymakers about how rising lumber and building material prices are harming home builders, home buyers and the economic recovery,” according to the NAHB.
“NAHB is thankful that the White House heeded our concerns to hold this urgent and timely building material supply chain meeting,” said Chuck Fowke, chairman of the Washington, DC-based NAHB.
“For the past year, rising building material prices and supply shortages, particularly for framing lumber, have hurt home builders, home buyers and the economy by adding tens of thousands of dollars to the price of a new single-family home,” Fowke said, adding that the NAHB “stressed that it is imperative that lumber mill producers boost production in order to meet rising demand.”