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.
Continued Push for HR 3700/S 3083
Search Washington Report