Tuesday, June 16, 2009

NLBMDA News - "GREEN" Act Praised in House Subcommittee Hearing; Energy Legisation Questioned

A House subcommittee hearing June 11 on the Green Resources for Energy Efficient Neighborhoods (GREEN) Act (H.R. 2336), sponsored by Rep. Ed Perlmutter (D-CO), saw witnesses from NAHB, National Association of Realtors (NAR), US Green Building Council (USGBC) and others praising the bill's incentives to fund energy efficiency improvements through FHA and HUD-backed mortgages and other mechanisms.

NAHB President Jerry Howard noted in his testimony that the GREEN Act's approach would be a marked improvement to the mandatory energy efficiency building codes currently contained in the American Clean Energy & Security Act (H.R. 2454). NLBMDA's Legislative Advocacy Committee voted this week to oppose the building codes provision of H.R.2454 in light of the negative impact they would have on housing affordability and housing recovery.

NLBMDA issued the following statement to the media on H.R. 2454: "NLBMDA has long-supported the use of quality, energy-efficient building products and while the goal of this legislation is admirable, creating a national building energy code based on faulty assumptions with no regard for payback periods coupled with a heavy-handed approach to compliance is not in the best interests of our members or their customers. Making builders and homeowners subject to civil penalties and threatening states with the withdrawal of federal funding for noncompliance is the wrong approach to creating a national energy policy. We will continue to advocate for a rational energy policy based on sound data but we oppose this section of the legislation in its current form." Original source.

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