House and Senate Lawmakers Unveil NAHB-Supported Transformer Bill
At NAHB’s urging, Rep. Richard Hudson (R-N.C.) and Sen. John Barrasso (R-Wyo.) have introduced identical House and Senate bills — Protecting America’s Distribution Transformer Supply Chain Act — that would delay for five years any rulemaking on energy-efficiency standards for distribution transformers.
“At a time when the home building industry is facing a severe shortage of distribution transformers, NAHB commends Rep. Hudson and Sen. Barrasso for introducing this important legislation,” said NAHB Chairman Alicia Huey. “This vital measure will provide needed time to boost output at existing facilities to address the growing supply chain crisis for transformers that has delayed home construction projects across the country and aggravated the nation’s housing affordability crisis.”
This was one of the key issues during the recent NAHB Legislative Conference when more than 700 NAHB members discussed vital matters of concern to the housing industry with their lawmakers on Capitol Hill.
The Department of Energy has proposed to increase the energy conservation standards for the production of distribution transformers and NAHB has been working diligently with House and Senate lawmakers to oppose this plan because it will exacerbate an already acute supply-chain shortage.
NAHB continues to work with both chambers of Congress to seek additional funding aimed solely at boosting production of distribution transformers to meet market demand.
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The share of new single-family homes built with individual wells and septic systems increased in 2025 compared to the previous year. According to NAHB’s analysis of the Census Bureau’s Survey of Construction (SOC), approximately 10% of single-family homes started in 2025 were served by individual (private) wells, and 17% relied on individual septic systems.
In the third quarter of 2026, the NAHB Remodeling Market Index (RMI) posted a reading of 62, up one point compared to the previous quarter. The RMI has remained within a narrow band between 59 and 70 for the past four years.
Mortgage application activity declined as the 30-year fixed mortgage rate rose sharply. The Mortgage Bankers Association’s (MBA) Market Composite Index, a measure of total mortgage application volume, decreased 7.7% month-over-month in September on a seasonally adjusted basis. Compared to a year ago, total mortgage applications were lower by 35.4%.