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

Aug 12, 2022, 08:40 by Josh Veverka
1. NVAR Members-Take Action and Tell Administration to Approve Maryland Traffic Relief Plan; 2. Senate Passes Inflation Reduction Act with Slimmest Possible Margin; 3. County Board to Host Community Conversations on Missing Middle Housing (Read NVAR’s Statement on Missing Middle Framework); 4. Pedestrian, bike and transit projects in D.C. area get $60m federal boost; 5. Virginia's COVID-19 rent relief program clearing backlog
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. Gov. Hogan blasts delay of Maryland toll lane project
Federal transportation officials indicate more time is needed to review concerns about the project’s environmental impact. Maryland Gov. Larry Hogan (R) on Friday blasted federal transportation officials for delaying a decision that would have cleared the way for him to move forward with a plan to build toll lanes on Interstate 270 and part of the Capital Beltway, according to a letter he sent to the Biden administration.
Related: NVAR Members-Take Action and Tell Administration to Approve Maryland Traffic Relief Plan

2. Senate Passes Inflation Reduction Act with Slimmest Possible Margin
When one considers all the real estate tax increase proposals that were recommended over the past couple of years, the final bill is very good for the real estate industry. As was previously reported, the agreement between Senate Majority Leader Chuck Schumer (D-NY) and Senator Joe Manchin (D-WV) left out all but one relatively minor tax increase that would impact the real estate industry directly.

3. County Board to Host Community Conversations on Missing Middle Housing
The Arlington County Board will be hosting a series of community conversations and information sessions in September and October that will help to inform the County Board’s next steps on Missing Middle Housing. These conversations are part of the County’s Housing Arlington effort to explore opportunities that could potentially address Arlington's constrained housing supply.
RelatedRead NVAR’s Statement on Missing Middle Framework

4. Pedestrian, bike and transit projects in D.C. area get $60m federal boost
A proposed bicycle and pedestrian crossing that would create a walkable connection from Northern Virginia’s growing Crystal City neighborhood to the District’s Southwest Waterfront area is getting a $20 million federal grant, officials announced Thursday. Among the biggest projects is the span over the Potomac River, which is expected to add a new connection in a busy corridor for pedestrian and bike traffic. It is part of the $2 billion Long Bridge project that also will add new rail tracks, doubling capacity for train traffic between D.C. and Virginia by 2030.

5. Virginia's COVID-19 rent relief program clearing backlog
Limited funds led the state to shut down its COVID-19 Rent Relief Program to new applications May 15 but officials expect to pay eligible requests that were pending when the program shut its doors. The state Housing and Community Development department has processed more than 30,000 applications that were in its system as of May 15, and there are about 7,000 still to complete. All of those remaining have gone through an initial review process.