Indiana HBA Leader Testifies Before Congress on Affordability Issues

At the invitation of Sen. Mike Braun (R-Ind.), the ranking member of the Senate Special Committee on Aging, Wajda testified before the panel on a hearing focusing on housing issues.
“The fact is homeownership is unattainable for many across Indiana — including two-earner households — due to tight supply, inflationary pressures, regulatory costs and rising mortgage rates,” said Wajda. “This is why we must look at reducing the cost of housing at all levels.”
Wajda cited NAHB research to lawmakers that nearly 25% of the costs of a new home nationwide can be attributed to regulations.
“Regulations come in many forms and can be imposed by various levels of government,” he said. “At the local level, jurisdictions may charge permit, hook-up, and impact fees and establish development and construction standards that either directly increase costs to builders and developers, or cause delays that translate to higher costs. State and federal governments may be involved in this process directly or indirectly. For example, restrictive building codes add thousands of dollars to the cost of a house, making it that much more difficult to qualify for a mortgage.”
To improve housing affordability, Wajda told lawmakers that all regulations should be examined for their impact on housing affordability.
“Communities can reduce the cost of producing new housing by eliminating fee increases, assisting with infrastructure costs and allowing for higher density housing where the market demands it,” said Wajda. “Our aging population may want to age in place or age in community. Creativity and options to allow this must be explored and implemented.”
Latest from NAHBNow
Aug 22, 2025
NAHB Members See Big Savings in 2025 with New Discounts on Business Tools, AutomobilesWhether you're looking to cut business costs or make smart personal purchases, the NAHB Member Savings Program offers significant savings for members. And in 2025, NAHB has unveiled several new savings opportunities from leading companies including Best Buy, Ford, Mercedes-Benz, QuickBooks and RAM Trucks.
Aug 21, 2025
Santa Fe Students Build ‘Tiny’ Homes to Test Energy Efficiency CodesTo benefit the community and provide students hands-on construction experience, the Santa Fe Area Home Builders Association recently completed the Northern New Mexico Ice Box Challenge.
Latest Economic News
Aug 22, 2025
Slight Gains for Townhouse ConstructionTownhouse construction expanded more than 9 percent on a year-over-year basis per data from the second quarter of 2025.
Aug 21, 2025
Existing Home Sales Rise in JulyExisting home sales rebounded in July as mortgage rates retreated from the recent peak and home price growth slowed, according to the National Association of Realtors (NAR).
Aug 21, 2025
New and Existing Homes Remain Largely Unaffordable in Second QuarterWhile new homes remain largely unaffordable, builder efforts to improve housing affordability paid dividends in the second quarter of 2025, according to the latest data from the National Association of Home Builders (NAHB)/Wells Fargo Cost of Housing Index (CHI).