By NAHB
President Trump on March 13 issued two executive orders on housing to remove regulatory barriers and provide better access to mortgage creditthat will help ease the nation’s housing affordability crisis.
“The president’s executive order to remove regulatory barriers will enable builders to build more housing by reducing red tape, streamlining permitting requirements and easing costly environmental regulations,” said NAHB Chairman Bill Owens. “The executive order for access to mortgage credit also takes important steps to provide better financing options for home buyers and home builders and make it easier for families to achieve the American dream of homeownership.”
The executive order on regulatory barriers calls for the Environmental Protection Agency and U.S. Army Corps of Engineers to support federal permitting reforms for residential construction under both wetlands and stormwater requirements. It also calls on the chairman of the Council on Environmental Quality to issue guidance maximizing categorical exclusions under the National Environmental Policy Act for housing construction and related activities.
