Connecticut Builder Elected Chairman of NAHB
LAS VEGAS, Feb. 21 - Greg Ugalde, a Connecticut-based builder and developer with more than 25 years of experience in the home building industry, was elected as the 2019 chairman of the National Association of Home Builders (NAHB) during the association's International Builders' Show in Las Vegas.
Ugalde is president and chief legal officer of Torrington-based T&M Building Co., Inc., one of the state's largest home builders. Since its founding in 1962, T&M has built more than 4,000 new homes in over 45 Connecticut communities for trade-up and first-time buyers. He is also the founder and owner of GFU Investments, LLC, a builder/developer minority-owned business that focuses on urban development and workforce housing.
"Easing the growing housing affordability crisis is the most important issue facing our industry in 2019," said Ugalde. "This year we will work with policymakers to reduce burdensome regulations that are needlessly raising the cost of housing, exacerbating affordability concerns and holding back a more robust recovery in the residential construction sector. We will also urge Congress to reform the nation's housing finance system and to adopt practical workforce development and immigration policy that will help address chronic labor shortages in the housing sector."
Ugalde has been active in the NAHB leadership structure at the local, state and national levels throughout his career. A life director, he has served on the NAHB Board of Directors for nearly 20 years and has been a member of the NAHB Executive Board for the past decade.
He has also served on numerous NAHB committees, was a member of several NAHB task force groups, served as the vice chairman of the Budget and Finance Committee and was chairman of BUILD-PAC and three other committees. From 2006-2010, he served as the NAHB State Representative from Connecticut. He was the Moderator of the State Representatives in 2010. In 2011 and 2012, he was elected as the National Area Chairman for his region.
From 2003-2005, Ugalde was the president of the Home Builders and Remodelers Association of Connecticut (HBRA). He was named the local and state Builder of the Year in 2000, has served on the HBRA board since 1999, and been a member of its executive committee since 2000. He is a three-time HBRA Distinguished Service Awards recipient and served as chairman of the Connecticut Developers Council from 1997-2004. Ugalde received the state home building industry's highest honor, the Charles J. LoDolce Award, in 2011.
An effective advocate and spokesperson on a broad range of housing issues, Ugalde has served on the HOMEConnecticut Steering Committee, the National Land Use Attorneys Network, the Governor's Blue Ribbon Commission on Affordable Housing and the Town of Burlington's IWWC and Parks & Recreation Commission. In 1998 he received the Hartford Business Journal's 40 under 40 Award.
Community involvement is important to Ugalde. He has served on the Avon-Canton-Farmington Youth Hockey Association Board for more than 15 years, including as its president. A certified coach in hockey and little league, he has coached more than 20 teams. He also served on the Westminster School Board of Trustees, including as its Audit Committee chairman. An accomplished member of the American, Connecticut and Massachusetts bar associations, Ugalde continues to serve on the Planning & Zoning Section Executive Committee of the Connecticut Bar Association.
Ugalde and his wife, Mary-Jane, live in Burlington and have four children.
ABOUT NAHB: The National Association of Home Builders is a Washington-based trade association representing more than 140,000 members involved in home building, remodeling, multifamily construction, property management, subcontracting, design, housing finance, building product manufacturing and other aspects of residential and light commercial construction. NAHB is affiliated with 700 state and local home builders associations around the country. NAHB's builder members will construct about 80 percent of the new housing units projected for this year.