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Bill Blocks New Federal Energy Efficiency Standards for Government-Financed Housing.

This bill mandates federal agencies, including HUD and USDA, to withdraw recently finalized, stricter energy efficiency requirements for new homes financed through government programs. This action reverts standards to previous, less stringent levels, potentially keeping initial construction costs lower. However, it may lead to higher long-term utility expenses for residents.
Key points
Federal agencies (HUD, USDA, VA) must withdraw and stop enforcing new, stricter energy efficiency standards for housing construction.
Energy efficiency requirements for federally financed homes will revert to the older, less stringent standards.
The bill prohibits the FHFA from implementing or enforcing any energy efficiency rules for single and multifamily housing.
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Additional Information
Print number: 118_S_4958
Sponsor: Sen. Braun, Mike [R-IN]
Process start date: 2024-08-01