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Stakeholders ask Congress to raise Davis-Bacon trigger and ease Build America, Buy America rules for HOME projects
Summary
Witnesses and committee members discussed raising the Davis-Bacon threshold (witnesses recommended 50 units or a $250,000 construction-contract threshold) and easing Build America, Buy America compliance for HOME-funded developments to lower costs and expand the pool of contractors.
Witnesses before the House subcommittee urged statutory changes to prevailing-wage and domestic-content rules that they said increasingly burden small projects that rely on HOME gap financing.
Multiple witnesses recommended raising the Davis-Bacon trigger from the existing 12-unit or low-dollar threshold to a 50-unit trigger so that many small and rural projects would not automatically be subject to prevailing-wage paperwork and compliance. Eric Oberdorfer of NARO said increasing the unit…
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