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

WASHINGTON, DC – March 27, 2012 – (RealEstateRama) — 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.