The FRAMER Act aims to reduce the financial burden of energy codes on housing construction, making it easier for builders to create affordable homes. By providing financial incentives, it encourages states to adopt less costly energy regulations.
If you are a homebuyer in an opportunity zone, the cost of your new home could be lower due to this bill.
Who this affects
home builders · families buying homes
What changes is this bill making?
1This bill encourages states to avoid expensive energy codes for housing.
2States must pay builders the difference in costs between state energy codes and federal standards.
3Builders in opportunity zones must disclose these costs to homebuyers.
4The bill will be reviewed annually to track payments and costs.