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

Apr 1, 2022, 12:06 by Josh Veverka
1. Biden Budget Targets Housing Supply 2. Deadline to Submit Legislative Ideas 3. Connolly secures money for county projects 4. Metrorail Silver Line Phase 2 delay looms as legislators, leaders seek answers 5. Virginia is cracking back down on noisy cars
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. Biden Budget Targets Housing Supply

White House requests historic funding for housing supply. A requested 34% increase over last year for the Department of Housing and Urban Development includes $50 billion in grants and loans to increase the supply of affordable housing. This amount includes $32 billion for the Housing Choice Voucher Program and nearly $2 billion for the HOME Investment Partnership to create more affordable homeownership opportunities.

Related: President's FY 2023 Budget and Tax Proposals for Real Estate Industry

2. Deadline to Submit Legislative Ideas

The NVAR Public Policy Committee needs to hear from members as we develop the Local and State Legislative Program and Agenda for 2022-2023. How can NVAR advocate for you and your home buyers and sellers? Submit state or local legislative ideas to jveverka@nvar.com by Wednesday, April 13, 2022.

3. Connolly secures money for county projects

Seven Fairfax County projects were included in Community Project Funding (CPF) requested in the FY2022 omnibus appropriations package by Congressman Gerry Connolly (D-VA), chairman of the House Subcommittee on Government Operations. The bill was passed by the Senate and signed by President Joe Biden.

4. Metrorail Silver Line Phase 2 delay looms as legislators, leaders seek answers

Legislators are urging a local transportation authority to avoid further delaying the extension of the Silver Line into Loudoun County. The Metrorail project has been in the works for more than 15 years. Its estimated opening date was pushed back three years due to construction issues. U.S. Reps. Jennifer Wexton (D-Va.-10), Don Beyer (D-Va.-8) and Gerry Connolly (D-Va.-11) sent a letter on Tuesday to the Metropolitan Washington Airports Authority to ask about remaining issues that are delaying progress.

5. Virginia is cracking back down on noisy cars

As someone who once lived near the Richmond Raceway, Robin Mines says she’s familiar with the sound of loud, fast cars. She didn’t expect to have to endure similar noises miles away in her current South Richmond neighborhood, where she says elderly people, children and veterans with PTSD are being rattled late at night by revved-up engines, intentionally loud exhaust systems and people driving “like they’re on a drag strip.” . . . When Mines learned police could no longer stop vehicles for noise alone, she and other neighborhood leaders approached Del. Betsy Carr, D-Richmond, about a possible fix.