Blogs

In early March, APGA was asked by partners representing housing and commercial construction, real estate finance and sales, as well as affordable housing advocates and others to sign a letter requesting the newly confirmed Commerce Secretary, Gina Raimondo, examine the lumber supply chain, identify the causes for high prices and supply constraints, and seek immediate remedies that will increase production.

While not directly part of the business of APGA members, public natural gas utilities benefit from a robust American housing and commercial sector. The current prices of lumber are significantly impacting this part of the U.S. economy, threatening recovery from the COVID-19 pandemic, as well as housing affordability. Home and business owners prefer natural gas, so to ensure continued use in new, safe, and affordable housing, Secretary Raimondo and her team need to address skyrocketing lumber prices and chronic shortages. To see the whole letter, click here.

For questions on this article, please contact Stuart Saulters of APGA staff by phone at 202-544-1334 or by email at ssaulters@apga.org.