Podcast: Biden Administration Is Making it Harder to Finance Homes
The U.S. Department of Housing and Urban Affairs (HUD) was busy last week, publishing two new determinations that increase the requirements for borrowers to use federal mortgage programs when purchasing new homes.
On the latest episode of the NAHB podcast Housing Developments, CEO Jim Tobin and COO Paul Lopez welcome to the program Jessica Lynch, VP of Housing Finance, to discuss the new rules.
First, Lynch explains the new Federal Flood Risk Management Standard from HUD that will require a complicated, three-tiered process for determining the extent of the floodplain, with a preference for a climate-informed science approach, for owners of new homes to qualify for FHA mortgage insurance.
Lynch then discusses the recent move by HUD to require all new homes purchased under certain mortgage program to be built to the 2021 International Energy Conservation Code (IECC), regardless of whether a state or jurisdiction has adopted that version of the IECC.
Watch the full episode below and subscribe to Housing Development through your favorite podcast provider or watch all the episodes on YouTube.
Latest from NAHBNow
Legal
Jun 11, 2026
Supreme Court Sides Against DOE Appliance OverreachOn June 8, the U.S. Supreme Court struck down a D.C. Circuit Court ruling that would have allowed the Department of Energy (DOE) to effectively eliminate certain gas appliances from the market.
Resiliency | Environmental Issues | Disaster Response
Jun 10, 2026
NAHB Urges Long-Term NFIP Reauthorization, Warns Against PrivatizationIn a joint letter to Defense Secretary Pete Hegseth and Homeland Security Secretary Markwayne Mullin, NAHB and the National Association of Realtors urged the secretaries, as co-chairs of the FEMA Review Council, to act on four key items related to the National Flood Insurance Program (NFIP).
Latest Economic News
Economics
Jun 11, 2026
Residential Building Material Prices Rise at Highest Rate In Over Three YearsWholesale prices of goods used in residential construction rose in May as energy prices continued to climb.
Economics
Jun 10, 2026
Inflation Surpassed 4% in MayInflation accelerated to a new three-year high in May, driven by continued increases in energy costs from the Iran war. Energy costs drove more than 60% of the monthly increase, with national gasoline prices jumping more than a dollar since the war began.
Economics
Jun 10, 2026
Home Building Regulatory Cost Burdens Increased 40% from 2021 to 2026A new NAHB study shows that, on average, regulations imposed by government at all levels account for $131,734, or 26.4%, of the final price of a new single-family home built for sale. Of this amount, $46,795 is due to a higher price for the finished lot, attributable to regulations imposed during the lot’s development.