Podcast: Biden Administration Is Making it Harder to Finance Homes

Housing Finance
Published
Contact: Reaganne Hansford
[email protected]
AVP, Leadership Strategy
202-266-8450

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.

Housing Developments Podcast Sponsored by LG Pro Builder

Subscribe to NAHBNow

Log in or create account to subscribe to notifications of new posts.

Log in to subscribe

Latest from NAHBNow

Economics

Sep 17, 2025

Housing Starts Remain Soft Ahead of Fed Meeting

Overall housing starts decreased 8.5% in August to a seasonally adjusted annual rate of 1.31 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

PWB Week | Professional Women in Building Council

Sep 16, 2025

Tradeswomen Paving Their Own Way

NAHB spoke with Professional Women in Building (PWB) members Elyse Adams and Brittney Quinn about their career paths in the trades and how PWB has positively influenced their journeys.

View all

Latest Economic News

Economics

Sep 17, 2025

The Fed Cuts and Projects More Easing to Come

After a monetary policy pause that began at the start of 2025, the Federal Reserve’s monetary policy committee (FOMC) voted to reduce the short-term federal funds rate by 25 basis points at the conclusion of its September meeting. This move decreased the target federal funds rate to an upper rate of 4.25%.

Economics

Sep 17, 2025

Housing Starts Remain Soft Ahead of Fed Meeting

Challenging affordability conditions continue to act as headwinds for the housing industry, but the sector could see lower interest rates in the near future with the Federal Reserve expected to cut short-term interest rates this afternoon.

Economics

Sep 16, 2025

Builder Confidence Steady but Future Sales Expectations Hit Six-Month High

Builder sentiment levels remained unchanged in September but lower mortgage rates and expectations that the Federal Reserve will soon cut the federal funds rate led to higher future sale expectations in the coming months.