TORRINGTON: Greg Ugalde, a builder and developer with more than 25 years of experience in the Connecticut home building industry, was elected as the 2018 first vice chairman of the National Association of Home Builders [NAHB[. The election was made during the association’s International Builders’ Show in Orlando, Fla.
Ugalde is president and chief legal officer of Torrington-based T&M Building Co., Inc., one of the largest home builders in the state. Since its founding in 1962, T&M has built more than 3,500 new homes in more than 40 Connecticut communities. He is also the founder and owner of GFU Investments LLC, a builder/developer minority-owned business that focuses on urban development.
“Our focus this year is to ensure that housing and homeownership remain a national priority,” said Ugalde. “NAHB will work with Congress to advance comprehensive housing finance reform and reduce burdensome regulations in order to put families in homes, create jobs and move the economy forward.”
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 15 years and has been a member of the NAHB Executive Board for the past decade.
From 2003-2005, Ugalde was the president of the Home Builders and Remodelers Association of Connecticut (HBRA), was named local and state 2000 Builder of the Year, has served on the HBRA board since 1999 and been a member of its executive committee since 2000. He is a three-time recipient of the HBRA Distinguished Service Awards, 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.