Advanced Framing

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"Advanced framing, also called optimum value engineering (OVE), is a framing system that aims to pare the amount of lumber used to frame buildings to the bare minimum. Advanced framing was developed in the 1960s by the Department of Housing and Urban Development as a way for builders to reduce costs."

And it's code compliant!

Read this: http://www.apawood.org/data/sharedfiles/documents/m400.pdf