Wednesday, December 22, 2010

$20,470

That is the estimated savings for each home built in South Carolina due to the efforts of the Government Affairs Team of the HBA of South Carolina during the 2010 legislative session.

The Home Builders Association influences government on all levels. Our goal is to protect affordable housing and needless regulatory costs, which ultimately trickles down and effects everyone who works in the home building industry. Below are just a
few of the bills we influenced:

Fire Sprinkler Bill. Stopped the passage of the fire sprinkler bill, which would have mandated the installation of fire sprinklers in all new homes built beginning in 2011.
Annual Benefit: More than $100 million

Permit Extension Bill. Passed the permit extension bill, which prevents the wholesale abandonment of already-approved projects
by extending the term of the permits for a set period of time as the economy improves.
Annual Benefit: $15 million

Home Buyer Tax Credit. Supported the home buyer tax credit bill, which helped to reduce housing inventories, stabilize home values, and increased housing demand.
Annual Benefit: $146 million

The estimated savings for each home built in South Carolina due to the efforts of the government affairs team during the 2010 legislative session: $20,470

HBA of South Carolina is in Business to Keep You in Business.

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