All Eyes on Congress, What You Need to Know, Success Stories, and More
View e-mail in browser |
| September 9, 2021 |
|
  |
|
|
|
| All Eyes on Congress |
| September is known for a return to normal routines as summer comes to a close. However, this September in Congress will be anything but routine. Read more about what’s in store for this month. |
|
|
|
|
|
|
|
|
|
The Biden Administration has announced an effort to add 100,000 affordable residential units over the next three years. NAR is encouraged by the plan, but it represents only a small fraction of the units needed to fill our nation’s housing gap. NAR also sent a letter to the tax writing committees, urging Members to avoid offsets to pay for infrastructure spending that could limit real estate investment at a time when our country desperately needs more housing. |
|
|
|
|
| In a 6-3 decision on August 27, the U.S. Supreme Court ended the Centers for Disease Control and Prevention’s eviction moratorium. This unlawful policy placed financial hardship solely on the shoulders of mom-and-pop housing providers, who provide nearly half of America’s rental housing. NAR will continue to work to streamline the distribution of rental assistance funds. |
|
|
|
|
|
| New listings rose 5.1 percent in the 50 largest metros, according to realtor.com®s August Housing Report. Still, housing remains tight, even with the additional inventory. U.S. housing inventory was down 25.8 percent year-over-year in August. |
|
|
|
|
| NAR recently joined a coalition letter with other industry groups expressing strong support for H.R. 4773, the Consumer Financial Protection Commission Act. If passed, this legislation would change the governance leadership structure of the Consumer Financial Protection Bureau (CFPB) from a single director to a five-person, bipartisan commission. |
|
|
|
|
|
| The REALTOR® Party At Work |
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
| |
| |
|
.png){kind=small}