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“On agreeing to the Crawford amendment (A005) Agreed to by voice vote.”
This amendment aims to lower home prices by making it easier and cheaper for builders to offset the environmental impact of their construction. It increases the supply of "mitigation credits," which are used by developers to compensate for building on protected areas like wetlands.
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“On agreeing to the Crawford amendment (A005) Agreed to by voice vote.”
This amendment aims to lower home prices by making it easier and cheaper for builders to offset the environmental impact of their construction. It increases the supply of "mitigation credits," which are used by developers to compensate for building on protected areas like wetlands.
Increasing the supply of mitigation credits is intended to lower the costs builders pay to meet environmental requirements, which could lead to lower prices for new homes and allow construction on land that was previously too expensive to develop.
Home builders and land developers would see lower regulatory costs, while potential homebuyers might see lower prices for new housing inventory.