Issuu

from the top

Wrapping up 2024 on a high note

BY JEREMY OSTERHOLM, OSTERCRAFT HOMES & 1915 EXCAVATION

Last year at this time Robert Wood told us that the home building association had positive momentum and encouraged us all to do our part to continue to move our organization forward. Asked and answered. We certainly continued the positive momentum this year. We have a lot more work to do and I’m sure Kelly will keep us going in the right direction. He is a strong leader.

Here are just a few highlights from the year:

• Advocacy – We were active in a coalition that worked to defeat M118, one of the largest tax measures in Oregon history. Other highlights include yearlong engagement with PGE to address service and response needs, United 4 Portland political coalition used in new Portland elections and races, active involvement in supporting several pro-housing candidates in other local elections, and jurisdictional support/work across the region on issues related to permitting, plan reviews, codes and development and more.

• Business Benefits – We now have hundreds of members using one or more of our exclusive business saving programs. Our biggest – the Building Industry Insurance Trust (BIIT) - has grown to over 100-member companies with over 2,000 lives covered.

• BtoC marketing and sales opportunities – Our Spring H&G

Introducing the 2025 HBA Board President, Kelly Stelk

BY: KELLY STELK, 2025 HBA BOARD PRESIDENT

Thank you, Jeremy Osterholm, for an outstanding year! For those who do not know Jeremy personally, he is an incredible, giving person and a huge asset in the construction industry, and leader of the HBA. He is also a great father and husband. Jeremy comes from a wonderful family in the construction industry. His parents (Gary and Debbi) have been building homes for decades. One of the perks of being involved in the HBA is getting to know fellow people in the industry on a personal level. A bit of a plug for Jeremy, but since I know how solid of a business operator he is – if you need excavation work – contact Jeremy’s 1915 Excavation Co.

Let’s build some homes! There are some solid signs on the horizon. Elections are over. Thank goodness Measure 118 failed. Federal interest rate cuts of ¾ of a point over the last couple of months have occurred and mortgage rates should follow. The low supply of housing in the area (which is another article…) should

show continues to come back strong.

• Industry education – our annual BuildRight Conference is growing. Over 300 attended last Spring’s conference with attendance up, a new venue, and more regional reach.

• Member Fun / Engagement – We added more low-cost happy hour events and focused on helping members connect. Events are getting bigger, creating more business and networking opportunities. Our Pub Tour was up 15%, All-Member Happy Hours were up an average of 10%, and our Fall Member Lunch was up 40%.

• Workforce Development – Huge growth in engagement with high school CTE programs and post-high school preapprenticeship programs, providing meaningful projects and connections to promote interest in careers in construction.

• Membership growth – Our two-week October Fall member drive yielded 40 new members – our biggest single drive in five years.

Those are the bullet points but this year was way more than just bullet points to me. It was a year filled with camaraderie and friendships with the best people in the industry. I didn’t expect to meet so many new people from handshakes and greetings to what will end up being long-term friendships and everything in between. I’m grateful to have had this opportunity. I look forward to continuing to support the HBA and be an active member.

Thank you to the HBA Staff for everything you do. Thanks to my parents and my crew for the extra business support this year. Last but not least, I’m especially grateful to my wife Jennifer for her continued support. She makes everything possible.

allow for more new construction and give us the opportunity for new construction home sales.

My background – I grew up in Pilot Rock (near Pendleton), graduated from Oregon State, and worked at Price Waterhouse for 10 years and then for 5 years as general manager of a Nike contract business before landing in the construction industry. Our business Home Certified offers services of moisture testing, drying, temporary heat, and clean-up of water damages in Oregon, Washington, and Idaho. I have been a member of the HBA for 20+ years primarily helping out with the Home Performance Council growing the BuildRight Conference and other building science initiatives.

Mine and the HBA’s focus for next year is to continue to push government entities to release more land and improve processing to be able to build more homes. In the next few months, we will be hiring a second local government affairs person to assist in these efforts. Another focus is to attract more personnel to the industry. We have plans to offer trade fairs and other events to entice our next generation of young folks to seize on the opportunities in the construction industry.

I hope that you and your family have a peaceful and enjoyable holiday season and next year brings joy to you and your pocketbook.

HBA 2025 Housing Forecast: Insights into the Future of the Home Building Industry

BY SAMANTHA THOMAS,

On Friday, November 15, 2024, the Home Building Association of Greater Portland hosted the annual Housing Forecast at the Oregon Convention Center. More than 500 industry professionals and government officials gathered for this informative breakfast highlighted by insight and analysis with unique perspectives on the housing industry.

The 2025 Housing Forecast presented by Parr featured NAHB Chief Economist/SVP Dr. Robert Dietz, among other guest speakers/economists. They discussed what 2025 holds for the housing market and our industry as a whole, including economic and building issues, as well as trends and predictions related to different market segments such as multi-family, single-family, infill, and remodeling.

Robert’s presentation highlighted the anticipated effects of the recent presidential election in early November. Positive outcomes include the likely extension of most or all of the 2017 tax cuts and increased macroeconomic growth. However, challenges such as a growing government deficit, the implementation of narrow and general tariffs, and inflationary

pressures are also expected.

Robert also examined the state of the national home-building industry, noting a 7% increase in residential remodeling permits over 2023 and a 4% decline in single-family building permits. This trend suggests that more homeowners are choosing to remain in their current homes and age in place rather than contend with the high mortgage rates dominating today’s real estate market. Meanwhile, prospective homebuyers are grappling with the unaffordability crisis, leaving many in a difficult position. In response, permits for townhomes and middle housing are steadily increasing to address the demand for more affordable housing options. Additional details from Robert’s presentation are available on our website.

HBA STAFF

Robert Dietz

Josh Lehner, US Economist with SGH Macro Advisors, focused on relevant housing and economic data at the state and local levels. Mr. Lehner’s presentation included housing-related data and foreseeable challenges from his perspective, and the forces driving the Metro Portland market.

Josh’s Oregon-focused presentation offered an optimistic economic and housing outlook for 2025. Oregon’s median household income has been steadily rising, now 3% higher than the U.S. average, while home equity has increased by 48% since 2019, climbing from $258,000 to $381,000. These positive trends suggest a strong foundation for Oregon’s housing market moving forward.

Josh also noted that the high demand for remodeling in Oregon mirrors national trends, reinforcing the idea that many homeowners are choosing to stay in their homes rather than sell. This poses challenges for homebuyers, as fewer homes on the market result in a lower housing supply, especially since builders cannot keep up with the growing demand.

Additionally, the demographics of buyers are shifting; Millennials, the newest generation of homebuyers, often lack the home equity their predecessors had, making it even harder to navigate the current affordability crisis. For more insights from Josh’s presentation, visit our website.

Josh Lehner

Dr. Robert Dietz and Josh Lehner taking audience questions

In addition to economic forecasts and industry insights, we were honored to recognize the recipients of two special awards: Teri Lenahan, Mayor of North Plains, with the 2024 Ernie Platt Memorial Public Servant Award, honoring their public service and support for housing in the region, and Kelly Ritz, President of Stone Bridge Home NW, with the 2024 HBA Lifetime Achievement Award.

Thank you to our sponsors!

Teri Lenahan, Mayor of North Plains, accepting the 2024 Ernie Platt Memorial Public Servant Award.

Kelly Ritz, President of Stone Bridge Homes NW, accepting the 2024 HBA Lifetime Achievement Award.

Mark your calendars for the 2026 Housing Forecast on October 23, 2025 at the Oregon Convention Center!

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HBA meetings & events

Visit hbapdx.org/events for the most up-to-date information and event registration details. If you would like to attend a meeting, check in advance to ensure there have been no schedule changes.

December Meetings

December 5

Government Affairs, 10:00 am, HBA Offices + Zoom

Membership and Retention Committee, 10:00 am, HBA Offices + Zoom

December 12

HBF Executive, 8:30 am, HBA Offices + Zoom

HBA Board of Directors (1st of ’25) + Orientation, 11:30 am, HBA Offices

December 23 – January 1 Holiday – HBA Offices Closed

January Meetings

January 8

Auction Committee, 1:00 pm, HBA Offices + Zoom

January 9

HBF Executive, 8:30 am, HBA Offices + Zoom

Government Affairs, 10:00 am, HBA Offices + Zoom

January 16

HBF Board of Directors, 7:30 am, HBA Offices + Zoom

January 21

Workforce Development Advisory Board, 12:00 pm, HBA Offices + Zoom

January 23

Finance Committee, 10:30 am, HBA Offices + Zoom

December Events

All Member Holiday Pub Tour hosted by the Home Performance Council

December 4 | 3:00 pm – 7:00 pm Downtown Tigard, Main Street

HBA Staff Holiday Break

HBA Office Closed to the Public

December 23, 2024 –January 2, 2025

January Events

All Member Happy Hour presented by

Pella Windows & Doors

January 16 | 5:30 – 7:30 pm

Pella Windows & Doors - 9740 SW Nimbus Ave, Beaverton, OR 97008

HBA ACRONYM KEY

HBF – Home Building Foundation

H&G – Home & Garden Show

HPC – Home Performance Council

HBA Executive, 11:45 am, HBA Offices + Zoom THE OFFICIAL PUBLICATION OF THE HOME BUILDING ASSOCIATION OF GREATER PORTLAND

PBUD – Portland Building & Urban Development Council

RCB – Remodeling & Custom Building Council

PWB – Professional Women in Building Council

SOD – NW Natural Street of Dreams®

HBA CEO Dave Nielsen

Associate Publisher Brian Monihan

Editor Samantha Thomas

Advertising Representative Chris Sweet

Graphic Design & Production Matias Ricco

Published by Carpenter Media Group

membership

ASSOCIATE MEMBER

Absolute Heating and Cooling

Ramirez, Francisco

360-521-5355

HVAC SystemsInstall & Repair

Anderson Construction & Drywall Inc.

Anderson, Jim 503-816-3251

Drywall Contractors

Art of Drawers Portland Langone, Danielle 503-320-4761

Closet Shelving/Storage Systems

Benson Drywall Benson, Daniel 503-894-1098

Drywall Contractors

Brandsen Hardwood Floors Inc

Brandsen, Russell 503-775-0034

Floor Covering - Carpet/Tile/ LVT/Hardwood/Laminate

Bubbles & Brews - PDX

Hutton, Vanessa 971-533-0606

Catering - Bar

Bull Run Electric Inc Hoover, Megan 503-668-4800

Electrical Contractors

Clackamas Electric, Inc.

Johnston, Scott 503-632-2420

Electrical Contractors

Dhelm, LLC Helm, Diana 503-522-6305

Property Management

Double I Construction LLC

Ivanov, Ivan 503-902-0586

Remodelers

Eastern Western Corp Anderson, Charley 503-406-1974

Property Management

Energy Comfort & Construction, LLC

Pepelaskov, Grace (503) 657-3434

Insulation Contractors

Envision Outdoor Living Products Kitashima, Rick 720-539-4485

Manufacturing Reps

Ferguson Enterprises Malone, Greg 503-222-1144

Lighting Fixtures

FFA Architecture and Interiors, Inc

Grace, Richard 503-222-1661

Architects

Fowler Home Design Fowler, Troy 503-719-0366

Architects

Friederike Svensson Svensson, Friederike 503-388-5570

Realtors

Garrett Integrated Systems Garrett, James 360-334-6926

Electrical Contractors

Glow Gifts

Kennedy, Courtney 503-583-4569

Retail

127 Renewed Members

60-69 Years

Finlandia Sauna Products Inc.

50-59 Years

Contract Furnishings Mart - Tigard

Customline Shower Company

Neil Kelly Design/Build Remodeling

The Conifer Group

40-49 Years

Bliss Roofing

Chicago Title Insurance

Timberland Homes Inc.

30-39 Years

Bear Electric Inc

Costa Pacific Communities

Dan Riehl Excavating

Fidelity National Title - Portland

Gregory Pacific Corp.

Griffith Roofing Co.

Lisac’s Fireplaces and Stoves

NW Realty Group

Pacific Design Inc.

Parr Lumber Company

Renaissance Development

T J Overhead Door Inc.

20-29 YEARS

Bradlee Distributors USA Inc.

Cascade United Roofing

Cudahy Lumber Company & Abbey Floors

Dunn Carney LLP

Fish Construction NW Inc.

Jim Carlson Construction

Goosehead Insurance

Bunch, Matt 503-765-9934

Insurance & Bonds

Great Floors An ADG Company

Koivunen, Ty 360-695-1231

Cabinets & Installation

Hibu

Chastain, Brenna 503-320-9410

Advertising

Integrated Power Systems

Consolo, Martha 503-640-3201

Battery Backup Power Equipment

Interior Trim Specialties, Inc.

Jordan, Todd 503-706-5837

Doors & Millwork

Jaed Construction, LLC

Ezquivel, Ivan 503-421-4541

Siding Contractors

Jarid Scott Johnson

Photography LLC Johnson, Jarid 415-990-4299

Photographers

Kitchen Tune Up McCurry, Derrick 503-298-5353

Cabinets & Installation

Lakeside Heating & Cooling

Charlton, Jason 503-635-5253

HVAC Systems - Install & Repair

Lifetime Green Coatings

Ragan, Alex 360-450-9786

Floors - Concrete

Lost Productions LLC Barth, David 503-512-9095

Event Services

McFadin Design/Build McFadin, Ezekiel 503-610-0704

Designers - Building

Milwaukie Electric Inc. Workman, Casey 971-263-4514

Electrical Contractors

MultiFamily NW Fisher, Gary 503-213-1281

Education

Mustang Truss Sigurdson, Mike 503-399-1432

Trusses - Roof & Floor

Northwest Restoration Clarke, Nic 503-678-2343

Restoration - Fire Damage

Nova Casework Espinor, Judas 503-218-2650

Cabinets & Installation

Paintegrity Inc. Girard, Katie 503-985-3443

Painting Contractors

PLI Systems, Inc

Castaneda, Manuel 503-649-8111

Potted In Portland Childers, Sara 503-482-8496

Furnishings & Home Decor

Pristine Pros NW Kletzel, Kristi 503-713-8555

Pressure Washing

THANK YOU FOR RENEWING YOUR MEMBERSHIP!

Kraft Mobile Screen Service

OrePac Building Products

Roof Life of Oregon

Taylor Morrison

10-19 YEARS

3J Consulting

Ashland Brothers Landscapes

C & K Custom Remodeling Inc.

C & R Painting Inc.

California Closets

Campbell’s Tile Concepts

Chad E Davis Const LLC

Crandall Group

Curtis Heintz Excavating

Elliott Powell Baden & Baker Inc.

ESP Painting Extraordinaire

Farrell Realty & Property Management

Five Star Builders

Habitat for Humanity Portland/Metro East

Integrity Air, LLC

James Hardie

Keith Davis Construction LLC

LUXE | Forbes Global Properties

Macadam Floor & Design

Mike’s Electric

MODSpdx / Nathan D. Young Construction, Inc.

Northland Design & Build

O’Neill Builders

Parker Concrete, Inc.

Pat’s Pound & Pour LLC

Portland Houseworks LLC

Precision Garage Door Service

River City Real Estate Co.

RK Electric, Inc.

Ruben J. Menashe Inc.

PRMG Olson, Travis 503-449-3807

Lending InstitutionsMortgages

Prophetic

Alexander, Oliver Development Software Services

Real Broker Campanian, Cassidy 971-645-1071

Realtors

Regal Painting LLC Cole, Geoff 503-753-7159

Painting Contractors

ShelfGenie of Portland Anekonda, Thimmappa 503-459-1586

Cabinets & Installation

Stroll Magazine - Stroll Portland Heights Gerding, Eleni 503-816-1070

Publishers

Stumptown Plumbing MacDougall, Ryan 971-335-8238

Plumbing Contractors

Suntel Design Mei, Jim 503-624-0555

Designers - Building

Team Irwin / Directors Mortgage Irwin, Dawn 503-781-7257

Lending Institutions

Tualatin Valley Painting, Inc Dressel, Kevin 503-579-8201

Painting Contractors

TerraFirma Foundation Systems, Inc.

Trinity Flooring

Truax Builders Supply

Westwood Homes LLC

WFG National Title Insurance Co.

Wongs Building Supply

5-9 YEARS

Asbestos Testing NW

Boden Store Fixtures, Inc.

Brix Paving Northwest Inc.

Complete Exteriors, Inc.

Curtis Homes LLC

DeCosta Properties - KW Luxury Homes

Duke Construction & Excavation

Galaxy Stone Works

Green Light Construction LLC

Integrity Insurance & Bonding Inc

Integrity Roofing Co.

JLO Investments, LLC

John’s Waterproofing

Kerr Contractors Oregon, Inc.

Lamont Bros. LLC

May Awning & Patio Co.

Moffet Energy Modeling

NorthWest AeroBarrier

OHI Construction

Pennington Design Group LLC

Riverside Homes LLC

Rodda Paint Company

Roof Masters Inc

Stoller Wine Group

Sunset Outdoor Living

The Plumbers Inc.

Vista Structural Engineering, LLC

Western Interlock

Year Round Comfort Inc. Higgins, Chip 503-761-3900

HVAC Systems - Geothermal

BUILDER MEMBER

4th Avenue Homes Snow, Jonathan 503-502-1230

Builders - Residential

Backyard Blueprint Bruce, Matthew 503-278-3780

Builders - Tiny Home

Best Loved Neighborhoods, Inc Fisher, Caroline 774-261-0804

Builders - Density/Rowhouse/ Condo/Multifamily

BET Construction Inc

Timinsky, Bill 541-980-2886

General Contractor

Brightside Renovations LLC Korkosh, Petr 503-415-9282

Builders - Residential

Earthchoice Construction LLC Voytenko, Yelena 503-867-1345

Builders - Residential

Nail Meets Wood Piper, Severin 971-500-3715

Builders - Custom

The Portlock Company Portlock, JJ 425-829-1566

Builders - Residential

White Lightning Electric

Woodmaster Northwest Inc.

1-4 YEARS

1915 Excavation Co.

1st Security Bank Home Loans

Akos Construction

Alliance Door Products

Anlon Custom Construction

Apparatus Contractor Services

Building Towards Better LLC

Civic Construction, LLC

Columbia Roofing & Sheet Metal

Darryl Bodle at Keller Williams

Glacier Window & Door INC.

Johansen Electric, Inc.

Landis & Landis Construction, LLC

Lyle Williams Co.

Matrix Communications Corp dba Matrix

Networks

MyPlumberNow, LLC

Oregon Lumber Company

Pacific Northwest Land Company, LLC

Pacific Northwest Sculptors Association

Paragon Tile & Stone Inc.

PNW Flatwork, Inc.

Priority 1 Cleaning, Inc.

ProLift Garage Doors of Portland

Pulte Group

Relevant Building Company

SheBuilds LLC

Tier 1 Excavation

Turbo Painting

WestPac Wealth Partners

Winsome Construction

WMX Construction, LLC

New Member Spotlight

Name: Jordan Tardie

Company:

Sackcloth & Ashes - Founded in 2014

Title: Co-Founder and VP of Corporate Partnerships along with- Bob Dalton

Please briefly tell us about yourself (What you do, how you got started in the business, etc.):

Jordan got started in the business when He and Bob were trying to find a way to give back after Bob’s mom experienced addiction and homelessness; she is since in recovery for several years and working for a substance abuse program to help others! They liked the 1 for 1 model that companies like Tom’s had been doing and, wanted to make it their own. Sackcloth and Ashes is extremely innovative in the way they donate as they have a database of over 600 shelters across the US. This allows them to send a blanket for each one purchased to a shelter nearest to the shipping addresses by zip code so they can donate locally! The blankets are all made in Italy with 100% recycled textiles mostly from fashion clothing being rescued before going

into a landfill. The recycling process is waterfree, chemical-free, and color-free, making it environmentally friendly and safe.

Please tell us what drew you to the HBA and/or why you joined:

Jordan and Bob attended the HBF Gala and generously sold their fabulous blankets at a discounted price and donated 5 for each one purchased that evening! They made some great contacts and wanted to partner with like-minded individuals like the HBF.

What are you looking forward to gaining from your HBA membership?

To share our mission with like-minded people and to network and promote our blankets as client gifts. We partner with companies of all sizes. Who doesn’t love a great blanket that also gives back to the local communities?

Tell us one fun fact about you that not everyone knows:

The way Bob and I met is a fun fact for sure. My dad is, and has been, a youth leader for Young Life, and we were both involved in the

program. When I was a freshman and Bob was a Junior; he drove me and my date to the homecoming dance. We have been friends ever since!

Home Building Foundation Executive Director, Brenda Ketah, Departs After 14 Years

Home Building Foundation will say goodbye to its veteran leader as the year ends. Executive Director Brenda Ketah is leaving to join HomeAid America as its new Chief Affiliate Officer.

Ketah spent 14 years with HBF. She started in April 2011 as a part-time Executive Assistant to Executive Director Mel Duncan. She became Project Manager next, then succeeded Ken Cowdery as Executive Director starting in January 2018. Under her leadership, HBF fundraising grew dramatically, shelter projects increased, and workforce development outreach gained traction.

HBA Executive Director Dave Nielsen says “Brenda served well under two previous Foundation leaders before stepping into the E.D. role and helping shape its growth over the last seven years. She has been a conscientious, caring voice for HBF’s and our industry’s work to provide housing for those in need and support careers to shape brighter futures for all. I’m sad to see her go, but she leaves behind a great legacy. I’m excited for this next opportunity for her.”

During her tenure, Ketah also left her mark on HomeAid. She served as Chair of the Affiliate Advisory Committee, and on the HomeAid America Executive Committee. In her new position, she will travel throughout the country to share her wisdom with all 19 HomeAid Affiliates and will assist with HomeAid expansion efforts.

Ketah will still be based in Portland, and she has assured us she will still be attending events such as the Building Hope Gala and Auction to keep in touch with the many friends she has made over the years.

member notes

Celebrating Tami Walter: A Legacy of Dedication and Joy

After 28 remarkable years of service, Tami Walter is retiring from HBA, leaving behind a legacy of faith, dedication, and joy. Her two tenures with HBA have left an undeniable mark on the organization and everyone fortunate enough to work with her. It isn’t easy to express the immense gratitude and admiration we all feel as we honor Tami’s contributions.

To many of us, Tami is known simply as “Tami” and her singular name symbolizes a humble, Christ-centered approach to life. It’s a reflection of her unwavering faith, servant’s heart, and genuine love for those around her. Her husband, Allyn Walter, has also been a pillar of support, contributing his time and skills to HBA—a testament to the partnership that has been central to Tami’s journey.

Tami’s tenure at HBA has been defined by tireless support and an infectious smile that has brightened every room she enters. She has consistently gone above and beyond, ensuring the well-being of our team and members. She has been the heart and soul of HBA, embodying the values we hold dear and fostering a culture of kindness and collaboration.

During the darkest days of the pandemic, Tami’s presence was a beacon of light. Often, it was just Dave Nielsen, HBA CEO, and Tami in the office, navigating an uncertain world together. Her resilience, positivity, and unwavering faith provided solace during those isolating times. Tami’s ability to bring joy, even in adversity, is a testament to her strength and character.

As we reflect on Tami’s career, we are struck by the joy she brings to those around her. It reminded us of the countless ways she has touched our lives—with care and a familial warmth that makes everyone feel valued and supported.

Tami’s contributions to HBA are immeasurable, and her legacy will endure long after her retirement. Tami, on behalf of the entire HBA community, thank you for your years of dedication, your unwavering faith, and the light you bring to every interaction. Please join us in celebrating Tami Walter, a true one-of-a-kind, as she embarks on this new chapter in her life.

performance building

Driving Excellence in Construction: The Home Performance Council

BY: CAROL EISENLOHR, BUILDING TOWARDS BETTER LLC AND HBA BUILDING SCIENCE CONSULTANT

The Home Builders Association of Greater Portland has long been a cornerstone of innovation and quality in the construction industry. Among its many committees and councils, the Home Performance Council (HPC) stands out as a beacon for advancing best practices in energy efficiency, sustainability, and overall building performance.

Who is the Home Performance Council?

The HPC is composed of a diverse group of HBA members including builders, remodelers, trade contractors, and industry experts committed to improving the way homes are designed, constructed, and lived in. These professionals are united by a shared mission: to promote higher standards for energy efficiency, indoor air quality, and overall home performance in the Greater Portland area. The council works tirelessly to educate industry professionals on cutting-edge practices and technologies.

The HPC curated an exciting lineup of presentations for 2024, showcasing leading-edge topics and industry leaders:

• The Oregon Residential Specialty Code (ORSC) and its impact on builders’ EPS choices. Speaker: Greg Lasher, Energy Trust of Oregon (ETO)

• Triple-pane windows and their impact on the building envelope. Speaker: Andrew, Pivot Windows

• Hands-on workshop on achieving high levels of airtightness. Speaker: Siena Gaston, SIGA

• Introducing a slim ERV with innovative features for ceiling or wall installations. Speaker: Josh Morse, BROAN NuTone

• All-electric retrofits using air-to-water heat pumps for HVAC and domestic hot water. Speaker: Robert Benjamin, ARIS Hydronics

• Leviton’s cost-effective smart panel/load center system. Speaker: Brian Cook, Leviton

• Strategies for securing funding for building projects. Speaker: Kira Taylor, Energy Trust of Oregon

Exciting Changes for 2025

The HPC is gearing up for changes in 2025 to make its meetings even more impactful. The format will transition from traditional presentations to Round Table Discussions on chosen topics, designed to encourage engagement among builders and industry professionals and deliver meaningful takeaways.

Why It Matters

As homes become more advanced, the standards for comfort, efficiency, and health continue to rise. The Home Performance Council is not only helping builders meet these expectations but exceed them. Their work contributes to a more sustainable and resilient housing market in the Greater Portland area—one that benefits builders and homeowners alike.

Exciting Changes for 2025

The HPC welcomes new members who share their passion for Better Building Practices. For more information about the Home Performance Council and how you can get involved, reach out to our Building Science Consultant Carol Eisenlohr at carole@hbapdx.org

The HBA Building Science Program is a technical resource available to HBA members free of charge, funded in part by Energy Trust of Oregon, Home Certified, OrePAC, Portland General Electric and NW Natural. If you would like to utilize the Building Science Program to create a continuous improvement plan focused on your building challenges or a plan to prepare for future code changes, contact Carol Eisenlohr, HBA’s Building Science Consultant at carole@hbapdx.org or call to schedule an appointment at 503-710-2910.

HBA’s Home Performance Council & Building Science Program is bringing you a little BuildRight all year long! Join us for valuable CCB-accredited education and stay for networking with your industry peers. For questions about when the next BuildRight Road Show is scheduled, contact HBA’s Building Science Consultant Carol Eisenlohr at 503-710-2910 or buildingscience@hbapdx.org.

SAVE THE DATE FOR THE 2025 BUILDRIGHT CONFERENCE + EXPO

April 29th

Pre-Conference Educational Track by THE Energy & Environmental Building Alliance (EEBA)

April 30, 2025 - May 1, 2025

BuildRight Conference + Expo

May 2 – May 4, 2025

The Homes of Tomorrow Today (HOTT) Tour

foundation news

HBF and WeShine Build “Micro-Village” in North Portland

BY CHRIS MCDOWELL, HBF STAFF

The mission to create alternative forms of shelter housing in Portland continues. In September, Home Building Foundation approved its newest project to support an emerging non-profit building its third “micro village” on the campus of St Andrews Episcopal Church in North Portland. In a partnership with WeShine, this new transitional housing village of 10 sleeping pods will support people over 45 years of age with a preference for individuals with disabilities. Previously, HBF had supported WeShine by providing donated materials to its other two villages – Avalon Village and Parkrose Village. This time HBF is taking an active role in the project by helping WeShine build out its village campus using volunteer and donated labor to help lower the costs not covered by the Joint Office of Homeless Services (JOHS).

WeShine began its journey to provide housing just a few years ago as a grassroots effort of neighbors in SE and NE Portland. The small organization run by Jan McManus, a licensed social worker who has long worked in social services and adult care, took on the first village in Parkrose with minimal knowledge of construction. As she will tell you, a lot of mistakes were made during the process, but they also learned a lot about how communities can band together with minimal resources to build villages to get people out of homelessness. Parkrose Village opened in 2022 and Avalon Village in 2024, both with an emphasis on the “micro village” concept that only houses 10 people at a time.

The new village is employing a similar tactic that has worked well across Portland – using an underutilized church property to house the village. As church populations have waned in recent years, churches have found new ways to become relevant in the community and still fulfill the Christ-centered mission of the church. In this case, St Andrews Episcopal not only had plenty of flat parking areas to provide as a plot for the village, but they also could share the basement of the church to be used as the community space with a full commercial kitchen, ADA bathrooms, and

meeting space. Another great benefit is St Andrews Episcopal already hosts a weekly food bank on its property.

Both WeShine and HBF are hoping this third village called St Andrews Village will be the best one yet. While the pods themselves have already been built by Portland Shed, who has waived a lot of its labor costs, HBF has already dispatched a lot of familiar faces to help out in other

ways. Ricks Custom Fencing and Decking is building out the perimeter fence, gates, as well as deck and ramps connecting the pods. Taylor Morrison donated appliances and will be organizing a work party in November to help clad the fence. Schools are building storage bins and seating. The project, which broke ground in October, hopes to be open by January of 2025.

HBF Honors Community Heroes at 8th Annual Foundation Builders Breakfast

BY TERESA SPANGLER, HBF STAFF

Home Building Foundation’s devoted volunteers and supporters gathered in the pre-dawn hours to celebrate our collective work. Our 8th annual Foundation Builders Breakfast, sponsored by Delap LLP, honored one individual and one company that made an outsized contribution to our work in the past year.

HBF selected Rick’s Custom Fencing and Decking as Company of the Year for providing supplies and expert carpenters to build a new wheelchair ramp for Project Homeless Connect Washington County. Rick’s also provided an educational opportunity by teaching trainees from Constructing Hope carpentry skills as they assisted in building the ramp. Additionally, Rick’s donated lumber which was used to build multiple projects.

HBF Volunteer of the Year is Kelly Cowan of Clean it Up Mark! HBF Executive Director Brenda Ketah praised Cowan and Clean it Up Mark! for quietly helping our projects with little fanfare. The most impactful was when his crews helped clean up major damage to Community Partners for Affordable Housing’s Oleson Woods complex. Large trees were toppled during the January storm, leading to $1 million dollars damage. Cowan filled ten dump trucks with stumps and logs that littered the landscaping. Additionally, Cowan provided cleanup to multiple HBF and HBA projects and events.

With the crowd inspired by the stories from dedicated volunteers and a service provider, Delap also awarded $4,000 to

Rick’s for supplies so their employees could build HBF Hygiene Care Kits that will be given to people living outdoors. They awarded Cowan $1,000 to donate to the charity of his choice. Delap also provided a generous $7500 match for all donations to HBF, resulting in net donations of $12,800.

Building Futures: HBF Advisory Board Inspires Next-Gen Construction Talent Through Field Trips, Partnerships, and Hands-On Projects

BY TERESA SPANGLER, HBF STAFF

Home Building Foundation’s Workforce Development Advisory Board went on a field trip to learn how builders can help construction teachers. The Board visited Riverside High School, a West LinnWilsonville high school of choice where students can study construction and architecture, business and marketing, and health occupations.

Meantime, a prototype pod built by pre-apprenticeship students with POIC for HBF and Cultivate Initiatives wrapped up in early November. Students at the construction pre-apprenticeship program began work on the pod this past summer with materials and guidance from HBF. The pod building is a pilot for a proposed Workforce Village for Cultivate Initiatives. We thank Parr Lumber and OrePac for material donations to the prototype.

In addition, HBF’s Education Partnership Program with local high schools is in

full gear for the 2024-25 school year. Students at Portland Public School’s Roosevelt High School will design and build a small office building for Kenton Women’s Village. Students at Reynolds Learning Academy, Grant, Gresham, and Mountainside High Schools will all get out their hammers to help HBF’s project for WeShine. Storage benches will be built for all ten of the new sleeping pods

at a new Village located at St. Andrew’s Episcopal Church in North Portland. HBF is working in tandem with HBA to offer a student career exploration event during the Portland Spring Home & Garden Show at the Expo Center on February 20-23, 2025. For further information, contact Teresa Spangler, Workforce Outreach Coordinator at Teresas@hbapdx.org.

A healthy partnership

The Home Building Association of Greater Portland has partnered with Regence BlueCross BlueShield of Oregon and Capital Benefit Services to bring members more affordable health care through the Building Industry Insurance Trust. HBA members deserve a health plan that's tailored to your industry and focused on the well-being of your employees and your business. Powered by the most trusted name in health insurance, your plan offers access to a broad provider network and support from an award-winning customer service team.

To learn more or get a quote, visit buildingindustryinsurancetrust.com or call (425) 641-8093.

Regence BlueCross BlueShield of Oregon is an Independent Licensee of the Blue Cross and Blue Shield Association

PGE Nets Increase in Permitted LEA Credits: What Homebuilders Need to Know

BY PRESTON KORST, HBA DIRECTOR OF POLICY & GOVERNMENT AFFAIRS

Recent regulatory changes in Oregon are set to impact homebuilders, particularly when it comes to managing utility installation costs. A recent ruling by the Oregon Public Utilities Commission (PUC) will affect the credits homebuilders receive for extending electric infrastructure to new developments.

These credits, known as Line Extension Allowances (LEAs), are essential tools that builders use to offset the costs of connecting homes to natural gas lines, telecommunications, and the electric grid. The PUC, an independent state agency with the authority to regulate Oregon utilities, is responsible for approving or modifying most utility rate structures and subsidies, including LEAs. This fall, the PUC issued a significant ruling that adjusted utility connection costs for builders working with Oregon’s largest electric utility.

For homebuilders in the Portland region, there’s good news. Portland General Electric (PGE) will see an increase in its allowable LEA credit amount, as approved in the PUC ruling. This increase will help further offset the cost of installing electric infrastructure in new developments, especially for all-electric homes. The updated rates, which took effect in November 2024, are as follows:

• $3,520 for electrically heated homes (up from $2,260)

• $2,730 for non-electrically heated homes (up from $1,590)

These increased credits are a welcome change for homebuilders, helping to cover higher costs associated with electrifying new homes. Despite broader inflationary pressures in the construction industry, the cost for electric infrastructure materials faced a particularly significant increase due to COVID-related global supply chain

and manufacturing disruptions. This move by PGE not only recognizes those impacts, but also identifies new opportunities that utilities can play in encouraging greater housing affordability for the region.

With the State’s growing emphasis on reducing building-related emissions, these higher LEA rates may also signal to the homebuilding market that there could be new regulatory focus, subsidies, and/or building codes created to incentivize the installation of electric heating, water systems, and other appliances. And while these updates will positively impact homebuilders in the region, it’s important to note that these changes apply only to new projects. Builders with ongoing projects will continue to operate under the previous rates and cannot recalculate or cancel jobs to take advantage of the new rules.

PGE offers several options to help builders cover capital costs related to extending or upgrading electrical service. As noted, these LEAs covers part of the construction labor and materials costs, based on the builder’s projected annual energy use. In addition to this, PGE has programs and funding available to encourage costsaving for other uses, including backup power, renewable energy sources, demand response, and electric vehicle charging. However, certain costs, such as underground infrastructure and reserved capacity, will continue to held by the responsibility of the customer.

Looking at the broader picture, these adjustments reflect a positive shift in Oregon’s energy policy. As the state moves toward more renewable energy solutions, the cost of modernizing infrastructure and delivering energy may rise, which could ultimately increase costs for both builders and consumers. The higher LEA credits acknowledge this shift and will likely

improve developers’ ability to offer all-electric amenities to homebuyers. And while the changes to LEAs are important, builders and lenders alike continue to monitor the long-term impact that rising energy costs may have on homebuyers and the broader housing market. The full effect of these changes on consumer behavior remains uncertain, but one outcome could be

HBA supports efforts to increase energy-efficiency in homebuilding, while also encouraging a balanced mix of energy sources to ensure greater system resilience and consumer choice.

a greater interest in energy-efficiency or all-electric homes, particularly as incentives and building codes evolve.

As the country continues to face challenges stemming from supplying and delivering clean energy, one certainty is that the methods used to assess the climate impact of energy sources will continue to improve. Tasked by state and federal regulators, utilities face a higher burden to balance their responsibility to meet demand, secure future capacity, protect the climate, and lower costs for consumers—a tall task in any regulatory environment.

In our next issue, we’ll have more information about how additional rulings by the PUC will impact natural gas LEAs and connection credits for builders. By staying informed, builders can better navigate these changes and ensure that they continue to meet our region’s growing housing demand while complying with Oregon’s evolving energy policies.

economic update Quarterly Economic Review and Outlook

BY: METRO

The odds of a soft landing this year are better. US labor markets remain resilient even as job growth slows, and the unemployment rate inches mildly higher. Inflation is still a worry but is substantially lower than a year ago. FED cut interest rates in September and November; more cuts are expected later this year.

Gross Domestic Product (real GDP) – The US continues to skirt a recession, though likely heading into a period of milder growth. Over the previous 4 quarters, US real GDP outpaced expectations, averaging roughly 3% annualized growth. This rate is likely unsustainable given foreseeable headwinds. The first preliminary estimate of 3rd quarter GDP has US growth slowing to 2.8% and the forecast for the 4th quarter trimmed to 2.3%.

Bottom line: Growth from earlier in the year will carry into the 4th quarter but anticipate headwinds from overseas, elevated interest rates, and continuing weakness in manufacturing sector production to tamp down near-term growth. A brief period of slower growth is expected as delayed effects of earlier interest rate hikes finish the work of clamping down US inflation.

Consumer Sentiment – Consumer sentiment remains below the midpoint of the range between its pre-pandemic reading of 101 (February 2020) and its all-time low of 50 (June 2022). The first four months of 2024 were brighter, but since then sentiment has drifted between the upper 60s and low 70s. Still, the October score was better than last year at this time. The index’s recovery stalled with Russia’s invasion of Ukraine, worsened with inflation spiking to intolerable levels, and then dipped more with the conflagration that erupted in the Middle East. Recently, the deceleration of US inflation has lifted consumer confidence, but concerns about weakening job growth and malaise abroad have offset the potential for improvements this year. The fact that oil prices have shown stability this year has helped with overall inflation and has kept consumer confidence

from tanking. Consumer sentiment has had short periods of improvement but has generally trended lower this year. Expenditures will likely ease in Q4 with consumers having maxed out credit cards.

Bottom line: Consumers believe things are improving, just that they are not good yet. They continue to voice frustration over high prices, but consumer confidence is expected to improve. Much will depend on the FED rate cuts and what they perceive the trend to be of economic data over the next few months.

FED Policy & Consumer Price Index (CPI) Inflation – Core inflation (excluding energy and food prices) in the US fell to 3.3% in September 2024, from a peak of 6.6% in 2022. Inflation has come down significantly since the FED began hiking interest rates up to battle inflation. Assessing that the economy was well on a path of lower inflation, the FED slashed 50 basis points in September and another 25 basis points in November. The smaller adjustment reinforces policymakers’ view that future cuts will be gradual, and the timing based on incoming data.

Bottom line: The FED stated intent is to consider “additional adjustments to the target range for the federal funds rate, the Committee will carefully assess incoming data, the evolving outlook, and the balance of risks.”

Mortgage interest rate – Mortgage rates decreased leading up to the FED’s September interest rate cut. The FED surprised many pundits with a 50-basis point cut to the federal funds rate. Bond markets had correctly anticipated the larger cut in advance of the FED announcement. Mortgage interest rates drifted lower, falling to a low of 5.6% in mid-September but have since edged higher to over 7% in early November, after the release of stronger-than-expected economic data. Mortgage rates earlier this summer had also topped 7%.

Bottom line: Expect further rate cuts by the FED and the trajectory of long-term interest rates to decline, but the path will not be smooth. Depending on the release of new economic data, one should expect brief

periods of higher interest rates when fresh data point to stronger economic strength than pundits and the bond market had anticipated.

US Employment outlook – The labor market has been more robust than expected, although job growth has trended lower in the last 6 months compared to a year ago. A majority of job growth this year has been in government or adjacent industries such as health services and education. The US unemployment rate currently stands at 4.1% as of September – still a historically low rate of unemployment. Slower payroll employment growth has given the FED confidence to lower interest rates. Lower inflation, and slower growth while maintaining vibrancy in the labor market reinforce the outlook of a “soft landing”. Bottom line: Higher unemployment is expected. The US unemployment rate is not expected to exceed 4.6% in coming quarters as the economy downshifts to a slower gear. The rise in the unemployment rate will be gradual. A “soft landing” is currently the baseline scenario.

Housing and Construction – An inflection point emerged in construction jobs this year as growth in the sector cooled. Higher interest rates eroded housing affordability nationwide, including the Portland MSA, made home construction costlier, and led to fewer homes and apartments having been built. At the national level, there were more opportunities for non-residential structures, which helped bolster the US construction industry. This was less so the case in this region. The slowdown in jobs was more pronounced in the Portland MSA, which saw actual declines in construction jobs this year and not just slower growth rates. Home prices continued to go up rapidly across most metropolitan areas, an exception being the Portland MSA which has seen softer price appreciation this year.

Article continued on page 18

economic update Quarterly Economic Review and Outlook

BY: METRO

Continued from page 17

Bottom line: Construction is oft a leading economic indicator (think canary in a coal mine) and with regional indicators (employment and building permits) declining, it does not bode well for the region’s near-term outlook.

Regional economic trends – Among the top 50 largest metropolitan areas of the US, the Portland MSA ranks last in job growth. Both private-sector manufacturing and the majority of service sectors showed weakness. The rolling 12-month growth in regional payroll employment declined every month since January, and August was flat. Despite a lack of job growth, the region’s unemployment rate has remained on par with the U.S., averaging a bit above 4%

unemployment this year which is near historic lows in unemployment.

Bottom line: Slower job growth and a slightly higher unemployment rate for the US are signs that monetary policy is working to quiet inflation while maintaining resiliency in US labor. Regionally, despite the near historic low in regional unemployment, the rate masks an underlying weakness in regional labor markets – the region’s lack of job growth.

Forecast risk – The forecast call of a “mild recession” has gone away and replaced with projections of US growth merely downshifting to a slower gear. Chances of a “soft landing” seem even more likely with 3rd quarter growth sturdier than anticipated. Momentum from earlier in the year offers a bit of

housing & industry advocacy

LOCAL GOVERNMENT AFFAIRS UPDATES • HBA OF GREATER PORTLAND

Metro Formally Considers Reforming Homeless Services Measure

The defeat of Measure 118 is a significant win for Oregon’s homebuilding industry. This measure, funded by out-ofstate interests, would have levied severe consequences for businesses and consumers by imposing a wide-ranging sales tax on products made or sold in Oregon. With the measure defeated by a decisive 78% “No” vote, the state avoids an unfair tax that would have hampered the housing industry, among other sectors. This result serves as a warning to out-of-state interests that Oregon voters are wary of poorly crafted ballot measures and new taxes. The measure’s failure is attributed to an effective and disciplined campaign by the business community, with contributions from homebuilder members and many others in the housing industry. Thank you to all of our members who helped HBA defeat this tax!

National Election Impact

On the national stage, Republicans have secured a “red wave” by making economic issues central to their campaigns, with early projections suggesting they will retain control of

upside growth potential, especially if US service sectors can deliver stronger job growth than expected. Headwinds from persistent inflation and interest rates staying up for too long carry a risk of pushing the economy lower than expected. An even larger risk is the uncertainty of conflicts overseas, which could hamper foreign oil production and cause energy prices to spike. Risks to the supply of oil could trigger broader economic dislocations.

Bottom line: Mainstream forecasters anticipate softer economic growth and a slowdown in hiring over the near term as the US economy transitions to a period of below-trend growth due to the drag from prior Fed tightening, stricter bank lending standards, and diminished tailwinds.

For more information on any of the below items, please contact Director of Policy and Government Affairs Preston Korst at prestonk@hbapdx.org

the House and flip the Senate and White House. However, the electoral math at the national level appears to be absent from many political calculations here locally. Perhaps most notable of that digression is in Clackamas County, where Democrat Janelle Bynum has officially flipped OR-5, the Congressional seat currently held by Republican Lori Chavez-DeRemer. Bymum narrow victory was won by gaining a higher turnout in the more urban centers of Multnomah, Clackamas, and Deschutes counties.

Local County Races

Clackamas County: Following our local Congressional contests, the political balance on the Clackamas County Commission saw a leftward shift and a new democratic majority. Craig Roberts, a moderate Democrat, defeated incumbent conservative Chair Tootie Smith in a decisive 14-point win, signaling a more centrist direction for the county government. In the open County Commission race, HBA-endorsed Melissa Fireside, a political newcomer with experience in residential development, is leading over Mark

housing & industry advocacy

LOCAL GOVERNMENT AFFAIRS UPDATES • HBA OF GREATER PORTLAND

Continued from page 18

Shull, the one-term incumbent who had drawn fire for making incendiary public comments on several social issues. With Commissioner Martha Schrader’s primary victory, this solidifies a Democratic majority on the 5-seat board.

Multnomah County: Voters in Multnomah County elected a progressive majority to the County Commission. Shannon Singleton triumphed over former Portland Mayor Sam Adams, and Meghan Moyer beat Vadim Mozorsky, both with comfortable margins.

Local City Races

Hillsboro: A bright-spot for HBA’s endorsed candidates is in Hillsboro, where all three of our favored candidates easily swept the Council, protecting the business-friendly bloc of that electoral body. Beach Pace glided into victory with 74% of the vote to become the next Mayor, while Elizabeth Case and Rob Harris each won their contests for City Council seats with comfortable margins. Saba Anvery is a newer candidate who won an uncontested seat on council as well.

Wilsonville: Far closer are the races for City Council in Wilsonville, where several candidates are still running neckand-neck. However, the decisive victory for HBA’s endorsed Mayoral Candidate Shawn O’Neil is a notable victory. The two leading candidates for Council offer stark differences in their political vision for the city—Anne Shevlin and Adam Cunningham are both pulling ahead in a 4-way race that is still within just a few hundred votes. Shevlin is a proponent of more housing and a greater diversity of it (with vocal support of the Town Center plan) whereas Cunningham is a vocal opponent of the Town Center plan and increased density.

Tigard: We saw a fairly predictable outcome in the city, with three HBA-endorsed incumbents—Maureen Wolf, Jeanette Shaw, and Jake Schlack—easily winning re-election. Newcomers Faraz Ghoddusi and Heather Robbins also secured seats on the commission, which expanded from 5 to 7 councilors from a recently passed charter amendment.

Portland: The most significant surprise in the entire state came in Portland’s mayoral race, where political outsider Keith Wilson won in a landslide, defeating incumbents Carmen Rubio, Rene Gonzalez, and Mingus Mapps. Wilson’s hyper-focus on ending unsheltered homelessness and tackling open-air drug use appears to have resonated deeply with voters. On the race for City Council, we saw a total of 98 candidates file to run for the newly created 12-member board envisioned by the recently passed Charter Reform. The novel use of multi-member, rankedchoice voting using a single-transferrable vote structure made predicting the electoral math nearly impossible. What we saw from the results certainly follows our early polling which said the electorate favored candidates who are experienced public servants, progressive, focused on public safety. Below is the list of candidates who won, with HBA-endorsed candidates bolded.

District 1 (E. Portland):

Candace Avalos, Loretta Smith, Jamie Dunphy

District 2 (N. Portland):

Dan Ryan, Elana Pirtle-Guiney, Sameer Kanal

District 3 (SE Portland):

Steve Novick, Tiffany Koyama Lane, Angelita Morillo

District 4 (W. Portland):

Olivia Clark, Mitch Green, Eric Zimmerman

Gresham: Keeping a relatively stable council makeup, Gresham elected each of HBA’s endorsed candidates— including Council President Sue Piazza as well as newcomers Kayla Brown and Cathy Keathley. This forms what is seen by many as one of the more pragmatic and functional City Councils in the region. Gresham’s newly appointed City Manager Eric Schmidt will also bring needed stability to the city government that has several ongoing financial problems.

Yamhill + McMinnville: In Yamhill County, conservative incumbent Lindsay Berschauer is trailing David “Bubba” King, while in McMinnville, Mayor Remy Drabkin is losing to Kim Morris. These tight races reflect a shift in local political sentiment in Yamhill County, with voters seeking change, though not necessarily along clear ideological lines.

Sandy: Sandy’s mayoral race shows Kathleen Walker beating out Laurie Smallwood, with Walker advocating for anti-growth policies like raising System Development Charges (SDCs) and slowing housing growth and density. This result highlights concerns about the future of development in smaller, rural communities and underscores the need for more education around the benefits of new housing and economic development.

King City & North Plains: In both King City and North Plains, anti-growth messaging appears to have taken hold, with a majority of winning candidates opposing recent urban growth boundary (UGB) expansions. As in Sandy, these results raise serious concerns about the future of land use planning in small, rural communities in Oregon and the need to better educate our newly elected leaders on the virtues of robust, community-guided development.

Conclusion

The election results reflect a mix of wins and challenges for the housing industry. While several races resulted in businessfriendly victories, particularly in Hillsboro, Gresham, and Tigard, there are rising concerns in areas like Sandy, King City, and North Plains, where anti-growth sentiment and opposition to new housing development are gaining ground. As local political landscapes shift, ongoing advocacy will be crucial to ensuring that housing needs are met and that communities continue to grow in a sustainable way. As always, HBA will remain engaged in our advocacy across the region in prioritizing a robust policy platform to encourage needed housing production.

your business

The A-B-Cs of R-S-V: The top three things you need to know about this potentially dangerous virus

BY REGENCE

Healthcare Corner

RSV—or Respiratory Syncytial Virus—is very common and is spread easily from person to person. It usually causes mild coldlike symptoms. Anyone can spread RSV, and virtually all children are exposed to it by age 2—most without serious symptoms.

RSV can be dangerous for infants, certain young children and some adults, including those with certain underlying medical conditions or a weakened immune system. The virus settles in the lower lungs and can lead to bronchiolitis (inflammation in the lungs) and pneumonia. It can sometimes lead to hospitalization and death.

Here are the three most important things you need to know to lower the risk of RSV for yourself, your family and others around you.

A. Know your risk: Infants born prematurely and those up to six months, as well as young children with a chronic lung or heart disease or a weakened immune system, are most susceptible to severe infection. An estimated 58,000 to 80,000 children age 5 and younger are hospitalized with RSV in a normal year.

According to the Centers for Disease Control and Prevention (CDC), adults at highest risk for severe RSV infection include older people and adults with chronic heart or lung disease, weakened immune systems and certain other underlying medical conditions. Between 60,000 and 160,000 older adults in the United States are hospitalized each year and 6,000 to 10,000 die in a normal year because of RSV infection.

RSV can make breathing difficult. Those infected may not get enough oxygen. Some adults show no symptoms, but runny nose, decrease in appetite, cough that may progress to wheezing and difficulty breathing can occur with infections among all ages. Infants may only show symptoms of irritability, decreased activity and appetite, and apnea (pause in breathing for more than 10 seconds). Fever may or may not be present.

B. Know how to prevent the spread: Because RSV can be spread by anyone, take precautions around high-risk groups and consider getting vaccinated. With RSV infections rising and expected winter waves of COVID-19 and flu, prevention can lower the burden on local hospitals and help them keep up with the need.

RSV vaccinations are recommended for adults ages 75 and older, as well as those ages 60-74 who are at increased risk of severe RSV, and also for pregnant women, which passes immunity to the unborn child. There’s also an RSV preventive antibody shot available that can help prevent severe RSV disease in infants and young children. Talk to your provider to determine what vaccination or antibody might be right for your situation.

The Centers for Disease Control and Prevention (CDC) urges many of the same preventive measures for RSV as with COVID-19:

• Frequent hand washing and avoiding touching your face with unwashed hands.

• Avoiding close contact—kissing, sharing cups or eating utensils—with sick people who have cold-like symptoms.

• Cover coughs (mouth) and sneezes (nose) with a tissue or your upper shirt sleeve.

• Clean and disinfect surfaces and objects that people frequently touch, such as toys, doorknobs and mobile devices.

• Stay home from work, school, daycare and public areas when sick.

• Improve air quality by bringing in fresh outside air or purifying indoor air.

• Wear a mask and avoid public gatherings.

C. Know your care & treatment options and make a plan: If you or your loved one is in a high-risk group and experiencing RSV symptoms, talk with your doctor. Most Regence health plans cover telehealth care so members can schedule a virtual appointment with a doctor to prevent spreading the virus further. Ask your doctor about getting a prescription for Olseltamivir (Tamiflu), which is used to treat flu symptoms.

When to go to the ER: Symptoms of oxygen deprivation in infants include the inside of their mouth being blue or they appear to be trying to use their stomach, rib or neck muscles to breathe. Emergency symptoms for adults include shortness of breath, high fever, bluish tint to the skin, wheezing and worsening cough. If you notice any of these symptoms, go to the nearest hospital emergency room (ER) or urgent care clinic. If you’re not sure, you can contact a virtual provider who can prescribe medications or direct you to the right care.

your business

Bank Reconciliations: Improve Your Cash Management

BY: JOE SEIFERT, DELAP LLP

DeLap Corner

For all businesses, bank reconciliations are crucial to maintaining financial control and safeguarding assets. While often overlooked as a routine task, this process is a key internal control that can help manage cash flow and prevent costly errors or fraud.

Why Bank Reconciliations Matter

Bank reconciliations compare your company’s internal cash records with external bank statements to ensure all transactions are properly recorded. Within the construction industry, where project timelines and cash flow are vital, keeping accurate financial records ensures you avoid unexpected shortfalls or missed payments to vendors and subcontractors.

What Bank Reconciliations Can Uncover

By conducting regular bank reconciliations, you can identify potential issues such as missing or duplicate transactions, data entry errors, unauthorized withdrawals, or fraudulent activities like forged checks. In an industry where large transactions and payments are common, these reconciliations provide an early warning system, allowing you to address problems before they escalate.

Key Steps for Effective Bank Reconciliations

1. Timeliness: Perform reconciliations promptly after each month to ensure up-to-date cash availability, avoiding surprises that can disrupt project planning and cash flow.

2. Segregation of Duties: To minimize

fraud risks, ensure that the person preparing the reconciliation is not the same person approving it. This adds a layer of accountability.

3. Comprehensive Coverage: Reconcile all accounts, including payroll, savings and credit card accounts, to ensure no transactions slip through the cracks. By maintaining accurate and timely reconciliations, owners can protect their financial health and make informed decisions for future growth.

Ready to improve your cash management and safeguard your business? Reach out to the Delap Business Advisory team today to learn more about how we can help you with every aspect of the bank reconciliation process. We’re here to guide you every step of the way!

FEBRUARY

February 20-23, 2025

Spring Home & Garden Show

February 25-27, 2025

International Builders Show in Vegas

February 25, 2025

Oregon and Washington

IBS Hospitality Party

APRIL

April 30 + May 1, 2025

BuildRight Conference and Expo

MAY

May 2-4, 2025

Homes of Tomorrow Today Tour

May 31, 2025

HBF Building Hope Gala & Auction

2025

CALENDAR OF EVENTS

JULY

July 29, 2025

VIP Block Party

July 31 - Aug. 24, 2025

NW Natural Street of Dreams

AUGUST

August 1-24, 2025

NW Natural Street of Dreams

August 5, 2025

Realtor Day at NW Natural Street of Dreams

SEPTEMBER

September 12, 2025

HBF Trap Shoot

OCTOBER

October 15, 2025

HBF Builders Breakfast

October 23, 2025

2026 Housing Forecast presented by Parr

NOVEMBER

November 21, 2025

HBA Honors

DECEMBER

December 3 2025

HBA Holiday Pub Tour

safety solutions

Avoiding Back Injury at Work

BY BRAD NANKE, OHBA

The key to avoiding back injury at work is to always plan ahead. Know how to handle a situation before it happens, that way when something does come up you will be able to make the best possible decision based on the new circumstances.

What is the first plan of action that you must use when you see a load that could pose a risk of injury?…

The safest way to handle the situation is to use whatever form of mechanical means that you have available to you. This means using excavators, loaders, forklifts, dollies, come-alongs, pry-bars, etc. etc. Always use machinery or equipment as your first defense against back injury at work.

What is the second plan of action that you must use when you see a load that could pose a risk of injury?…

Ask a fellow crewmember to help you lift the load. As a rule of thumb, a worker can safely lift 50 lbs. without serious concern of back injury. Therefore, if a piece of equipment weighs 140 lbs., 3 workers should be available to lift the weight. All crewmembers should also be watching out for one another and should offer to help out if they see someone else trying to lift something that is too heavy.

What is the third plan of action that you must use when you see a load that could pose a risk of injury?…

Discuss the situation with your supervisor. Never hesitate to talk to your supervisor if you feel that lifting a load could be dangerous. Any reasonable supervisor will listen to your concerns and find a safer way of handling the situation.

Remember… NO ONE IS GOING TO THANK YOU IF YOU INJURE YOURSELF!

Everyone should go home safely at the end of the day, so always remember to use caution and follow the above three steps before lifting anything that could pose a risk of injury.

The information we provide is not intended to include all possible safety.