The National Association of Realtors descends upon the Washington D.C. this week for its Legislative Meetings & Trade Expo, with the national flood insurance program and tax reform top of mind. The Realtors will deploy to Capitol Hill, where they will make their views known to members of Congress. Nearly 9,000 Realtors and industry guests are expected.
Realtor members are expected to urge Congress to pass a multiyear re-authorization of the National Flood Insurance Program before it expires on September 30. Additionally, Realtors are seeking to protect sustainable home ownership by advocating for responsible reform of the secondary mortgage market, prohibiting the use of mortgage guarantee fees for any purposes other than credit-risk management and improving consumer protections for energy efficiency improvement loans.
Realtors will also be reminding legislators that while Realtors support tax reform, it cannot happen by diminishing the real estate tax provisions that are an essential component of a vibrant housing market and key driver of the economy.
