Washington – RealEstateRama – Alicia Huey, chairman of the National Association of Home Builders (NAHB) and a custom home builder and developer from Birmingham, Ala., today issued the following statement after the U.S. Department of Labor announced the issuance of the final rule to modernize the Davis-Bacon and Related Acts:
“The Department of Labor had the opportunity to enact positive change that truly modernizes the system for determining prevailing wages on construction projects covered under the Davis-Bacon and Related Acts (DBRA). Instead, this final rule fails to address many of NAHB’s concerns made during the rulemaking process, including the DBRA’s overly burdensome contractor requirements and wage determinations that are misrepresentative of the real wages being paid in an area. Unfortunately, this rulemaking will discourage builders from using covered federal programs that make rental housing affordable for low-and-moderate-income families, increase construction costs and exacerbate the nation’s housing affordability crisis.”
Contacts:
Elizabeth Thompson
(202) 266-8495
Stephanie Pagan
Media Relations Manager
(202) 266-8254
