Washington Report

Advocacy Updates from Washington D.C.

Continued Push for HR 3700/S 3083

NAR joined with 39 coalition partners to urge Senate passage of HR 3700.  In an ad placed in Politico last week, the wide-reaching support group asked Senators to take action now.  As you recall, HR 3700 passed the House with a unanimous vote of 427-0 last month. The bills contain provisions to ease FHA restrictions on condo sale and purchase; provides permanent authority for direct endorsement for approved lenders to approve Rural Housing Service loans; and makes reforms to federally assisted rental housing programs to streamline the program. NAR is also continuing the Call for Action on this bill.

Coalition ad on HR 3700/S 3083

Call for Action

NAR letter to Senate on HR 3700

NAR testimony on HR 3700

NAR Condominium Resource Book