In testimony before the House Energy and Commerce Committee’s Subcommittee on Commerce, Manufacturing and Trade, Rick Judson, Chairman of the National Association of Home Builders, said, “How lawmakers and regulators deal with tax reform, home energy codes and the availability of building materials will go a long way to ensure a robust, long-term recovery for housing and the economy.” Noting the importance to our economy of home ownership, he says while NAHB supports tax reform, any change in policy that makes it tougher for people to become homeowners “Will have a significant long-term impact on household wealth accumulation and the makeup of the middle class as a whole.” As MHProNews has learned, NAHB is also asking building code officials to grant tax credits for building more energy-efficient homes. “Any effort to ease escalating price pressures, help rebuild the supply chain and support a continuing housing recovery is effective economic policy,” said Judson.
(Photo credit: constructionweekonline–Hawthorn Brook Group, Ireland)