Tag Archives: Stephen Sandherr

Senate Approves More Funding for PPI, First Wave of Loans Distributed

On Tuesday the U.S. Senate approved legislation that will provide an additional $310 billion in funding for the Paycheck Protection Program (PPP) under the Coronavirus Aid, Relief and Economic Security Act. CNN reports that the U.S. House of Representatives could … Continue reading

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SBA Clarifies Rules for Construction in PPP

On Tuesday, Treasury Secretary Steven Mnuchin asked Congress to add $250 billion more to the $349 billion already approved for the Paycheck Protection Program (PPP) in the Coronavirus Aid, Relief and Economic Security (CARES) Act due to high demand from … Continue reading

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Boston Suspends Non-Essential Construction Activity

In response to the COVID-19 pandemic, Boston Mayor Martin Walsh announced yesterday that the city will suspend all regular activity at non-essential construction sites in Boston beginning today. Boston is the only major U.S. city to enact such a measure. … Continue reading

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Industry Reacts to Aluminum, Steel Tariffs

The administration on Thursday enacted tariffs of 25 percent on steel imports and 10 percent on aluminum imports, however imports from Canada and Mexico were exempted from trade sanctions, which could lessen the tariffs’ effects on the door and window … Continue reading

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New Infrastructure Plan Includes $200 Billion Federal Investment

The administration released its American Infrastructure Initiative today, a list of legislative goals to rebuild U.S. infrastructure. The goals include stimulating at least $1.5 trillion in new infrastructure investments from state and local tax dollars and private investors, by investing … Continue reading

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