New Stormwater Rules Delayed Again

The U.S. Environmental Protection Agency (EPA) announced on June 18 that a new post-construction stormwater rulemaking has been delayed for a third time. Under a court order with the Chesapeake Bay Foundation (CBF), the EPA is required to develop and propose draft national regulations that control stormwater runoff that contributes to pollution in waterways across the country. The latest deadline - now passed - had been set for June 10, 2013. The EPA and the CBF have not come to an agreement on a new schedule and terms for the stormwater rulemaking effort. They have however, developed a near-term agreement that EPA and CBF will meet by July 18 to negotiate a path forward over a 60-day time period. NAR is concerned that any complex post-construction stormwater regulations may result in an increase in housing prices and impose onerous and expensive requirements on homeowners.