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

Jun 3, 2022, 10:18 by Josh Veverka
1. Fairfax County releases Climate Adaptation and Resilience Plan 2. NAR Advocates for Housing Providers with Administration Officials 3. New HUD Program Prioritizes Housing Supply 4. Study Proposes Reforms to Address Virginia’s Legacy of Segregated Housing 5. NAR Writes to HUD in Support of New 40-year Mortgage Modification
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 releases Climate Adaptation and Resilience Plan
Fairfax County is proposing long-term and short-term solutions to the harmful effects of climate change, and it wants feedback from residents. The draft Climate Adaptation and Resilience Plan for Resilient Fairfax, led by the Office of Environmental and Energy Coordination, focuses on the effects of climate change in the county. The plan is open for public comment through June 15. 

2. NAR Advocates for Housing Providers with Administration Officials
The White House and federal housing agencies recently hosted a listening session where NAR spoke on behalf of housing providers and the vital role they play in the rental market. The purpose of the listening session was to discuss priorities and gaps for tenant protections and owner needs, including specifically when it comes to challenges like the pandemic.

3. New HUD Program Prioritizes Housing Supply
NAR commends HUD on launching the innovative 'Our Way Home' program as part of an all-hands-on-deck approach to addressing the housing supply crisis.

4. Study Proposes Reforms to Address Virginia’s Legacy of Segregated Housing
The report, “Zoning and Segregation in Virginia: Part 2 — Expanding Housing Choices for the Future of Virginia,” builds on McGuireWoods’ previous study documenting how zoning was used as a tool to create segregated housing patterns that endure long after the Fair Housing Act of 1968 prohibited racial discrimination. The recommendations in Part 2 focus on changes to Virginia’s planning and zoning laws at the local and state levels to increase housing choices, remove barriers to diverse neighborhoods and increase access to attainable housing.

5. NAR Writes to HUD in Support of New 40-year Mortgage Modification
Allowing the FHA to modify the mortgages of distressed homeowners to a monthly payment that they can meet with a moderately longer amortization helps to support both homeownership and stability of the market.