• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
CommentaryHousing

When I was a kid we struggled with a $400 heating bill and a hole in our roof. Here’s why we need energy-efficiency standards for affordable housing

By
AJ Patton
AJ Patton
Down Arrow Button Icon
By
AJ Patton
AJ Patton
Down Arrow Button Icon
June 4, 2024, 12:02 PM ET
AJ Patton, CEO of 548 Enterprises.
AJ Patton, CEO of 548 Enterprises.

AJ Patton is CEO of 548 Enterprises, which develops affordable, quality, sustainable, and energy-efficient housing for Chicago’s marginalized communities. 

The burden of energy costs can be life-altering. I still vividly remember the day my mother received a $400 gas heating bill in 1999. We were living in apartment unit 548, which had a hole in the roof, and my mother made only $10/hour at the time. Money was tight and we were struggling to make ends meet. Despite my mother’s best efforts, the gas was shut off and we were forced to boil water for more than a year just to take baths. 

That experience would inform the direction of my life. Today, as CEO of 548 Enterprises, I develop affordable housing for Chicago’s marginalized communities. The homes we develop are built to sustainable, high-quality energy-efficiency standards in order to keep utility bills low, save money, and protect lives. For the past eight years, this work has been the north star of my career. 

Good builders welcome building to higher standards. We know that quality homes constructed to the latest standards provide cost savings for families, reduce indoor and outdoor pollution, and improve public health. Above all else, Americans deserve homes that are built for the future and able to withstand climate-driven weather events—which are increasing in frequency every year—while keeping overall costs low. 

Housing standards

Recently, the federal government finalized a rule that requires affordable housing built with federal funds to abide by modern construction standards. In response, lobbying groups have ramped up a cynical disinformation campaign in an effort to preserve their profits at the expense of homeowners—claiming such standards would add to costs and the affordability crisis. 

As an affordable housing developer, I’m here to tell you that the opposite is true. Energy-efficiency standards help residents and owners save significant cash over the lifetime of a home. In the case of these standards, the upfront costs of installation will be recouped within just 2 years. The energy-efficiency savings, meanwhile, will pay off for decades. Such efficiency improvements have been shown to dramatically reduce utility bills, helping families avoid unexpectedly high energy bills like the surprise bill my mother faced, ensuring they will always have enough money for other necessities like buying medicine or putting food on the table. 

But these standards do more than just save money, they can save lives. In urban areas such as Chicago, where 548 Enterprises is currently developing affordable housing, temperatures last summer were 20 degrees hotter than normal. These heat disasters left the city paralyzed, as residents struggled against extreme conditions at home. With climate change making such events more frequent and severe, policymakers are right to ensure our homes are as efficient as possible. After all, they are our first line of defense against extreme weather. 

Homes constructed to the 2021 International Energy Conservation Council efficiency standards allow residents to shelter in place for twice as long during power outages compared to other homes, which is especially important for those who rely on medical equipment. The same study also found that these homes offer dramatic improvements in maintaining livable temperatures and keeping occupants safe during extreme weather events. 

New home construction boom

We are in the midst of an unprecedented housing boom in America. More housing units are under construction right now than at any other time in the last half-century and the Biden Administration has announced plans to construct more than 2 million homes that would close the housing supply gap and lower costs. And tax credits and funding are available to incentivize removal of unnecessary barriers to affordable housing. There is no better time than the present to make sure the homes we build, which will house millions of Americans for decades to come, are built to last and serve the safety, health, and financial well-being of residents. 

In many conversations with new homeowners, I’ve often heard the ways they have scrupulously saved their money to buy a quality home. These families want a house that is built to the best standards, that will keep themselves and their loved ones safe, and last them well into the future, providing a higher resale value as well. 

I am moved every time I see a family move into a home I’ve created. Unlike the struggles my mother faced, it gives me satisfaction to know those families won’t have to decide between putting food on the table, fixing a hole in the roof, or paying the gas bill. They won’t have their heat or hot water cut off, forcing them to boil water for 365 days on end just to take a bath. They’ll be safe when extreme weather hits. 

Those are the homes Americans deserve.

More must-read commentary published by Fortune:

  • Verge Genomics CEO: Why I urge my employees to share their fears and vulnerabilities—and do the same with them
  • I cared for my dad under ‘hospital at home’ in his final weeks. The program is missing one big piece
  • Former Yum Brands CEO David Novak: How active learning took me from 30 trailer parks to the helm of a $32 billion global corporation
  • I’m a whistleblower and have been called a snitch, rat, and traitor. What about hero?

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

Join us at the Fortune Workplace Innovation Summit May 19–20, 2026, in Atlanta. The next era of workplace innovation is here—and the old playbook is being rewritten. At this exclusive, high-energy event, the world’s most innovative leaders will convene to explore how AI, humanity, and strategy converge to redefine, again, the future of work. Register now.
About the Author
By AJ Patton
See full bioRight Arrow Button Icon

Latest in Commentary

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Commentary

kapoor
Commentaryquarterly results
Morningstar CEO: I agree with the SEC on ending quarterly reporting—with conditions
By Kunal KapoorMay 5, 2026
16 hours ago
crane
Commentaryclean energy
Clean energy’s winning argument is the one it refuses to make
By David CraneMay 5, 2026
20 hours ago
alain
CommentaryIran
I watched my father run his business through the Lebanese Civil War. Here’s what it taught me about leading through disruption.
By Alain BejjaniMay 5, 2026
24 hours ago
Hong Kong is the hub for China’s AI IPOs. It can be so much more than that
CommentaryHong Kong
Hong Kong is the hub for China’s AI IPOs. It can be so much more than that
By Brian Wong and Tony ChanMay 3, 2026
2 days ago
jason corso
Commentarydisruption
AI models are choking on junk data
By Jason Corso and David CowanMay 3, 2026
3 days ago
blake
CommentaryHousing
I spent a decade selling homes to the ultra-wealthy. What I saw explains the housing market’s nepo problem
By Blake O'ShaughnessyMay 3, 2026
3 days ago

Most Popular

Clean energy's winning argument is the one it refuses to make
Commentary
Clean energy's winning argument is the one it refuses to make
By David CraneMay 5, 2026
20 hours ago
Current price of oil as of May 5, 2026
Personal Finance
Current price of oil as of May 5, 2026
By Joseph HostetlerMay 5, 2026
18 hours ago
Gen Z workers say showing up 10 minutes late to work is as good as on time—but baby boomer bosses have zero tolerance for tardiness, research reveals
Success
Gen Z workers say showing up 10 minutes late to work is as good as on time—but baby boomer bosses have zero tolerance for tardiness, research reveals
By Orianna Rosa RoyleMay 5, 2026
17 hours ago
Diary of a CEO founder says he hired someone with 'zero' work experience because she 'thanked the security guard by name' before the interview
Success
Diary of a CEO founder says he hired someone with 'zero' work experience because she 'thanked the security guard by name' before the interview
By Emma BurleighMay 3, 2026
3 days ago
China stopped issuing new robotaxi licenses over a glitch. America can't stop them from rolling into active shooter situations
Law
China stopped issuing new robotaxi licenses over a glitch. America can't stop them from rolling into active shooter situations
By Catherina GioinoMay 4, 2026
1 day ago
Current price of silver as of Tuesday, May 5, 2026
Personal Finance
Current price of silver as of Tuesday, May 5, 2026
By Joseph HostetlerMay 5, 2026
18 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.