NAHB-Supported Building Codes Bill Introduced in Senate
Sens. John Cornyn (R-Texas) and John Fetterman (D-Pa.) have introduced NAHB-supported legislation that would help jurisdictions preserve local control over the building code adoption process while also encouraging communities to take positive steps to withstand and recover from extreme events.
The Promoting Resilient Buildings Act would improve the resilience of homes at risk of being impacted by natural disasters by allowing more states and local communities to be eligible for the Federal Emergency Management Agency’s (FEMA) Pre-Disaster Mitigation Program.
Companion legislation was introduced in the House last month by Reps. Chuck Edwards (R-N.C.) and Dina Titus (D-Nev.)
The Promoting Resilient Buildings Act addresses an issue that has become a serious concern for local governments and home builders across the country.
In 2018, the Disaster Recovery Reform Act’s pre-disaster hazard mitigation program defined “latest published editions” of building codes to include the latest two published editions of relevant codes, specifications and standards. This definition sunset in October 2023, but this legislation would remove the sunset, permanently codifying the current definition of “latest published editions” for the pre-disaster hazard mitigation program.
Without a definition of “latest published editions” for this program, FEMA will only consider whether a jurisdiction has adopted the very latest editions of building codes. This will put jurisdictions in a difficult position, pressuring the adoption of the very latest building codes without a thorough vetting and amendment process, resulting in costly code changes that do not contribute to meaningful safety and resiliency improvements.
Latest from NAHBNow
Builder confidence in the market for newly built single-family homes fell three points to 32 in September, according to the NAHB/Wells Fargo Housing Market Index (HMI) released today.
The need for a skilled labor force remains a top priority in the industry. This presents a unique opportunity for women across all levels of home building to make a significant impact on this niche sector.
Latest Economic News
Inflation in August remained sticky as renewed tensions with Iran continued pushing up oil prices, keeping pressure on the Fed to consider a rate hike at its upcoming meeting.
Existing home sales fell for the third consecutive month as record-high home prices and elevated mortgage rates weighed on buyers. Mortgage rates resumed an upward trend after the July ceasefire ended.
Residential building material prices, excluding energy, rose 0.2% in August and were up 5.1% from a year ago. Energy prices rose sharply in August, as prices for energy inputs to residential construction rose 6.6% over the month.