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Lawmakers Hear How Supply Chain Woes Delay Home Construction 12-21-21 | News

Lawmakers Hear How Supply Chain Woes Delay Home Construction

Materials Stalling Construction

OP lawmakers heard first-hand how current supply chain issues are effecting home construction and subsequently its affordability.

Republican lawmakers heard first-hand accounts from home builders recently before a House Natural Resources Republican forum that is examining America's supply chain crisis.

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Idaho custom home builder, Steve Martinez gave his firsthand account about how his company has several homes sitting with nothing going on in them, accruing interest and deteriorating in quality, because we cannot get the materials needed to complete the home," Martinez continued, "The domino effect this is having on our industry is costing the builder, subs, suppliers and homeowners thousands of dollars that no one had planned on," he added. "We are having to sit down with clients and break this news to them that their dream home is delayed, in some instances up to a year, and is costing them tens of thousands of dollars. This isn't money that is going into upgrades or amenities; rather it is to build the exact same house they thought they were getting when we signed contract. This is killing affordability for homeowners and killing jobs across the country."

The National Association of Home Builders (NAHB) is working with the Biden administration and Congress to push the administration to identify the causes of housing supply chain issues like high lumber and building material prices. NAHB is also looking into remedies that would help alleviate the stress.

https://nahbnow.com/2021/12/gop-lawmakers-hear-firsthand-account-on-how-supply-chain-woes-delay-home-construction/?_ga=2.68815126.666526263.1639008901-1095980197.1639008901

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