On May 1, 2026, the Department of Housing and Urban Development and Department of Agriculture rescinded a 2024 final determination that had adopted heightened energy efficiency standards for new construction of FHA and USDA financed housing, affecting single and multifamily construction projects. The rescission is intended to increase the supply, and decrease costs, of housing projects. 91 Fed. Reg. 23450 (May 1, 2026).