The Trump administration is looking to reduce housing costs by removing Biden-era green energy mandates. [some emphasis, links added]
The International Energy Conservation Code was revised in 2021 to increase building energy-efficiency mandates as part of former President Joe Biden’s overall climate policy.
However, the regulations drove up the cost of building homes and exacerbated the housing shortage, U.S. Housing and Urban Development Secretary Scott Turner told The Midwesterner.
Failure to comply with the standards results in a denial of federal funding for new construction. [Turner said the compliance costs add $31,000 to the price of a home], and the Trump administration plans to rescind the rules.
“When you add thousands on top of $100,000 [in] regulations already on a single-family home, where the home prices [are] $400,000 and above in America, that’s unsustainable for builders,” Turner said.
Read more at Just The News
