US EditionHousing Energy Efficiency Requirements Rescinded by HUD, USDA
HUD and USDA said the rule added about $20,000 to a new home and blocked projects from federal loans, according to the agencies.
5 Articles
5 Articles
FHA, USDA Lending Opens Up After HUD Scraps Energy Standards Rule
The U.S. Department of Housing and Urban Development (HUD) and U.S. Department of Agriculture (USDA) have rescinded a 2024 rule that tied eligibility for FHA- and USDA-backed mortgages on new construction to stricter energy efficiency standards, marking a significant shift with direct implications for mortgage originators and housing supply.
HUD and USDA Roll Back ‘Overly Burdensome’ Energy Code Mandate
The Department of Housing and Urban Development (HUD) and the Department of Agriculture (USDA) have announced they have rescinded the mandate that all new homes be built with the 2021 International Energy Conservation Code as the minimum energy-efficient standards, or they would be ineligible for an FHA or USDA-backed mortgage loan. The Biden Administration-era policy… The post HUD and USDA Roll Back ‘Overly Burdensome’ Energy Code Mandate appea…
HUD rescinds FHA, USDA energy efficiency rule for new homes
U.S. Department of Housing and Urban Development (HUD) Secretary Scott Turner said the agency is rescinding energy-efficiency requirements tied to loans backed by the Federal Housing Administration (FHA) and U.S. Department of Agriculture (USDA). Turner announced the move Tuesday at HousingWire’s The Gathering in Austin. A 2024 rule under the Biden administration had made new homes ineligible for FHA or USDA mortgages unless they complied with t…
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