Realtor® Advocacy Wins

Your Realtor® Advocacy team works tirelessly to protect the real estate industry. Although not an exhaustive list, check out recent victories that Realtors® can be proud of, including legislative, executive, and judiciary branch wins.  

Affordable Housing - Realtor® Advocacy Wins

Affordable Housing Programs:

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Rural Housing

State and Local Fiscal Recovery Funds:

Agency Confirmations - Realtor® Advocacy Wins

FHA Commissioner

FHA Director

Anti-Money Laundering - Realtor® Advocacy Wins

Beneficial Ownership Rule

FinCEN Funding

Commercial Real Estate - Realtor® Advocacy Wins

Adaptive Reuse Bills

EB-5 Regional Center Program:

Energy Efficiency - Realtor® Advocacy Wins

New Energy Efficiency Tax Credit and Rebate Programs for Property Owners

Fair Housing - Realtor® Advocacy Wins

Increased Funding

Federal Tax - Realtor® Advocacy Wins

Inflation Reduction Act

Flood Insurance - Realtor® Advocacy Wins

Disaster mitigation and flood mapping

National Flood Insurance Program

Housing Finance and Assistance - Realtor® Advocacy Wins

Homeless Assistance Program

Housing Counseling

LIBOR Transition

Rental Housing - Realtor® Advocacy Wins

CARES Act Notice-to-Vacate Requirement:

Emergency Rental Assistance Program (ERAP)

Rental Assistance Funding

Violence Against Women Act

Small Business - Realtor® Advocacy Wins

SBA Programs

State and Local - Realtor® Advocacy Wins

Rent Control

Student Loan Debt - Realtor® Advocacy Wins

Fixes to Existing Programs

Relief for Borrowers at Fraudulent For-Profit Institutions

Technology - Realtor® Advocacy Wins

Broadband Funding

SECURE Notarization Act

Transportation and Infrastructure - Realtor® Advocacy Wins

Bipartisan Infrastructure Framework Funding

Coming soon: Brand New NV/RPAC Live from Richmond Series!

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Government Affairs Blog

FIVE FOR FRIDAY: A weekly roundup of Public Policy News

Feb 25, 2022, 13:09 by Josh Veverka
1. Fairfax County executive proposes budget with tax-rate freeze, less pandemic austerity 2. Bi-County Parkway ‘back with a vengeance’ 3. NAR Comments on Proposed Anti-Money Laundering Regulations 4. Duplexes vs. McMansions: What makes a house too big for neighbors? 5. New Broadband Internet Options Close To Approval In Alexandria
FIVE FOR FRIDAYWelcome to FIVE FOR FRIDAY: A weekly roundup of Public Policy Issues and Headlines from around the Northern Virginia Region, the Commonwealth and on Capitol Hill.

1. Fairfax County executive proposes budget with tax-rate freeze, less pandemic austerity

Fairfax County Executive Bryan Hill proposed a budget Tuesday that would freeze the residential property tax rate while spending more on county services — part of a push to end fiscal austerity in Northern Virginia amid signs of economic stability during the pandemic. “These past two years have certainly been a challenge for all of us, but it seems that we may have turned the corner,” Hill told the county Board of Supervisors during a presentation Tuesday. Related: 2022 Fairfax Real Estate Assessments Now Available; Average Residential Increase of 9.57%

2. Bi-County Parkway ‘back with a vengeance’

Prince William County transportation officials are asking county supervisors to consider their support for a new, 10-mile bypass connecting western Prince William and Loudoun counties that would provide a link between U.S. 50 near Dulles Airport and Interstate 95 in Dumfries. At a planning commission work session on Wednesday, county transportation staff said they would seek the board’s approval to add the bypass, formerly known as the Bi-County Parkway but recently renamed the “Va. 234 bypass North,” back into the county’s comprehensive plan later this year.

3. NAR Comments on Proposed Anti-Money Laundering Regulations

NAR submitted a comment letter in response to the Financial Crime Enforcement Network’s (FinCEN) Advance Notice of Proposed Rulemaking (ANPRM) on anti-money laundering regulations for the real estate sector.

4. Duplexes vs. McMansions: What makes a house too big for neighbors?

The owner of a two-family home near Crystal City says he may cancel his redevelopment plans because county approval processes have delayed construction and run up costs. It’s an outcome that Planning Commission members have said would be avoided if homes like his — duplexes on nonconforming lots — enjoyed the simpler, cheaper reviews that allow owners and developers to replace aging single-family dwellings with larger, luxury homes, sometimes referred to derisively as “McMansions.”

5. New Broadband Internet Options Close To Approval In Alexandria

Alexandria City Council took the first step to approving ordinances allowing new broadband internet providers Tuesday. In November, City Council voted to seek proposals for franchise agreements to construct and provide broadband internet services to city residents. Currently, Comcast is the only broadband internet provider in the city. Four companies responded to the request for proposals, but only two —Lumos and Ting — are continuing to seek a franchise agreement. At Tuesday's meeting, City Council approved the ordinances granting broadband franchises on first reading. A public hearing and final approval are scheduled for March 12.