On the heels of a recent EPA announcement that more accurate, inexpensive lead paint test kits will NOT be available anytime soon, NAHB has completed an economic analysis of the true costs associated with the new Lead: Renovation, Repair and Painting rule. The test kits, which were expected to be ready by next month, were seen as key to keeping the lead paint rule affordable for home owners.

Analysis from NAHB Economics reveals that the cost of the lead-safe work practices and third-party lead paint testing for window replacements alone in all pre-1978 homes includes: 1) a reduction of $1.9 billion spent on window replacements performed by professional contractors; 2) a reduction of $1 billion in wages and salaries earned across all industries; 3) 21,266 fewer jobs; and 4) a reduction of $579 million in revenue for federal, state and
local governments.