NAHB Lays Off Staff, Trims Budget

Not surprisingly, the National Association of Home Builders is being forced to retrench its staffing and budget as it faces a huge drop in membership — the Washington-based lobbying group said earlier this week that it had cut $11.5 million from its 2009 operating budget and eliminated 52 positions, as a result of cost-cutting measures.

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The group has been among the largest lobbying entities on Capitol Hill in recent years, thanks to the vast run-up in residential construction and housing, and along with the National Association of Realtors and Mortgage Bankers Association helped form a triumverate that represented one of the most powerful lobbying forces inside the Beltway. The NAHB would not comment on whether the budget cuts would eat into the group’s lobbying efforts next year.