Trump Administration Undoes Biden Green Codes That Industry Says Add $20k to Home Costs

The Departments of Housing and Urban Development and Agriculture repealed a Biden administration policy requiring federally-backed mortgages to adhere to updated energy efficiency standards. This move is expected to reduce construction costs and alleviate the financial burden on homebuyers facing inflated prices due to regulatory overreach. The repeal signals a return to market-driven building practices and a rejection of costly green mandates that hinder economic growth.