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Model Energy Codes Could Add Thousands To The Cost Of New Apartment Construction, Seriously Exacerbating Nation’s Affordable Housing Shortage

March 30, 2012 Comments off

Model Energy Codes Could Add Thousands To The Cost Of New Apartment Construction, Seriously Exacerbating Nation’s Affordable Housing Shortage
Source: National Multi Housing Council (NMHC) and the National Apartment Association (NAA)

New energy codes could add thousands of dollars to the construction costs of each individual apartment residence in a multifamily building, according to new research commissioned by the National Multi Housing Council (NMHC) and the National Apartment Association (NAA). The research examines the costs of adopting the 2009 and just released 2012 International Energy Conservation Code (IECC). View the full report online at www.nmhc.org/goto/IECC-Study.

The latest IECC versions represent a significant departure from the 2006 IECC code, adding upwards of hundreds of thousands in additional costs to new construction. These new burdens come at a time when the U.S. is already suffering from a shortage of affordable housing.

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