The FRAMER Act incentivizes states to avoid costly energy code housing policies in opportunity zones.
The FRAMER Act, or Freeing Residential Affordable Markets from Excess Regulation Act, amends the Housing and Community Development Act of 1974 to incentivize states to avoid costly, burdensome, and unreasonable energy code housing policies. It requires states to provide payments to builders of covered dwelling units in opportunity zones, calculated as the difference between state energy codes and the Department of Housing and Urban Development's Minimum Energy Standard. Builders must disclose any reimbursements received from states to the first buyer of the dwelling unit.
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