Specifically, manufacturers who build ENERGY STAR homes were eligible to receive a $1,000 tax credit while modular home builders were eligible to receive a $2,000 tax credit by exceeding the International Energy Conservation Code (IECC) by 50 percent. The “tax extenders” package has an impact on a wide range of activities that help spur economic growth, job creation, and job retention. Despite bicameral, bipartisan support for these provisions, Congress has yet to extend the tax credits due to the growing deficit.
Although the tax programs can be extended retroactively and have been in past years, supporters say the uncertainty surrounding that practice discourages businesses from making business decisions about long-term investments. The Congressional hearing has laid the groundwork for a tax bill to emerge from the Ways and Means Committee. For this reason, it is imperative we keep the pressure on House leaders and the Ways and Means Committee to report on a tax bill to extend the ENERGY STAR tax credit beyond 2011.
MHI is urging members to submit a letter of support to extend the ENERGY STAR Tax Credit for Manufactured and Modular homes to the Ways and Means Committee at waysandmeans.house.gov by the close of business on Thursday, May 10, 2012. Click here to view the issue paper.
Special thanks to Mr. Tim Williams, Executive Vice President, Ohio MHA for his outstanding advocacy efforts on behalf of the manufactured housing industry.
Three individuals from MHI member companies will serve another term to include: Bill Stamer, Champion Homes; Michael Wade, Southern Energy Homes; and Theresa Defosses, Manufactured Housing Association of Maine's certified representative to MHI. A new member filling the “user” category, is Jim Demitrus, a manufactured homeowner from Ohio. Frank Walter, former MHI staff member, will serve another term representing the “General Interest” category. Other consensus committee members representing industry are as follows: Jeff Legault, P.E., Skyline Corp.; Leo Poggione, Craftsman Homes; David Tompos, NTA; Manuel Santana, P.E., Cavco Industries; and Greg Scott, ScotBilt Homes, Inc.
The MHCC, tentatively slated to meet in early summer, will continue its work to provide recommendations to HUD for revisions to the Manufactured Housing Construction and Safety Standards, Procedural and Enforcement regulations, and the minimum installation standards.