New Banking Law amendment may make credit more available

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued the following statement after President Trump signed the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) into law.

“NAHB commends President Trump for working with the House and Senate to advance bipartisan banking reform legislation through Congress. S. 2155 will improve credit availability by providing much-needed relief for community banks, which are the most common source of lending for home construction and are key providers of home mortgage loans. In turn, this will support a stronger, more robust recovery of the housing and mortgage markets.”

Contact Information

National Association of Home Builders
National Association of Home Builders


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