PUBLISHED BY THE EL PASO ASSOCIATION OF BUILDERS : NATIONAL , STATE AND LOCAL HOME BUILDING INDUSTRY NEWS

More than 900 business professionals financed through both agencies to be built to construction delays . In any given month , there engaged in all facets of residential the 2021 International Energy Conservation is a shortage of roughly 400,000 construction construction trekked to Capitol Hill on June Code ( IECC ) or ASHRAE 90.1-2019 . This workers , and home builders will need to add 12 , 2024 to call on Congress to ease the nationwide codes mandate will significantly 2.2 million new workers over the next three chronic headwinds that are fanning the raise housing costs — particularly in the pricesensitive entry-level market for starter homes Congress can help ease this chronic

years just to keep up with demand nation ’ s housing affordability crisis and impeding builders from boosting housing and affordable rental properties — and limit workforce shortage by keeping Job Corps — production . access to mortgage financing while providing which is a vital source of skilled labor for the

“ Members of the housing community from little benefit to new home buyers and renters . housing industry — fully funded at $ 1.76 billion across the nation have come to the nation ’ s Studies have shown that building to the in the fiscal year 2025 Labor-HHS capital for the National Association of Home 2021 IECC can add as much as $ 31,000 to appropriations bill . Congress should also Builders ( NAHB ) 2024 Legislative Conference the price of a new home and that it would make meaningful investments in our nation ’ s to deliver a powerful message : ‘ The only way require up to 90 years for a home buyer to education system to encourage students to to tame shelter inflation ( homeownership and realize a payback on the added upfront cost . pursue careers in the skilled trades . rental costs ) and to ease the housing

That ’ s not a reasonable trade-off for a new Sen . Steve Daines ( R-Mont .) and Rep . affordability crisis is to build more homes and home buyer .

Chuck Edwards ( R-N . C .) spoke to NAHB apartments ,’” said NAHB Chairman Carl Congress can reverse this ill-conceived members before they conducted their Hill Harris , a custom home builder from Wichita , policy that will exacerbate the housing visits . Kan . affordability crisis by putting a provision in the Daines noted that his parents started a

There is currently a nationwide shortage of fiscal year 2025 Transportation , Housing and home construction business in Bozeman more 1.5 million housing units and the lack of Urban Development spending bill that will than 40 years ago . “ This is such an important housing has surpassed an inflection point . prevent HUD from using federal funds to industry ,” he stated . “ You all deliver the NAHB has released a 10-point plan to help implement this costly national codes mandate . American Dream , which is homeownership .” erase this shortfall and improve the business • Transformers . A shortage of distribution He also pledged to work to extend the 2017 climate so that builders can increase the transformers is delaying housing projects Tax Cuts and Jobs Act , which is set to expire nation ’ s housing supply . Eliminating across the nation and the cost of transformers at the end of 2025 . “ If you are a pass-through burdensome regulations , easing permitting has soared by more than 70 % since the start business , you can expect a 30 % increase in roadblocks and overturning inefficient zoning of the pandemic . Wait times for distribution your tax bill coming . We need to renew this rules are just a few elements of the plan that transformers often can take from 12 to 24 law .” will move the ball forward . months .

Edwards said he entered politics because of

In more than 250 individual meetings with Congress can help ease the severe shortage the influence of government on small their representatives and senators , housing of distribution transformers by fixing supply businesses , particularly excessive regulations . advocates urged lawmakers to act on three chain disruptions and providing additional “ Many of you have told me 25 % of the cost of key issues outlined in NAHB ’ s housing plan — funding in the fiscal 2025 appropriations a new home is to satisfy needless adopt reasonable and cost-effective building process specifically targeted at boosting the regulations ,” he said . “ We ’ re playing a giant codes , ease severe shortages of distribution domestic manufacturing capacity to produce game of whack-a-mole . One rule comes up transformers , and promote careers in the sorely needed distribution transformers . This here and we work on it , and then another one skilled trades — to help builders make will help home builders to construct more pops out and another .” homeownership and renting more affordable : homes , satisfy unmet demand and ease Citing the severe shortage of labor in the

• Building codes . The U . S . Department of America ’ s housing affordability crisis . construction industry , Edwards said “ we need Housing and Urban Development and the • Workforce development funding . A more folks in the skilled trades than going to a U . S . Department of Agriculture have rammed severe shortage of labor in the construction four-year college to study political science . An through a mandate that will require new industry is worsening the housing affordability individual does not need a degree in welding , single-family and multifamily construction crisis through higher home building costs and they need to know how to weld .”

2024Issue6 BuildersOutlook 9

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