CALL FOR ACTION: URGE CONGRESS TO SUPPORT H.R. 2874

Call For Action - Reauthorize the National Flood Insurance Program (NFIP)

Take Action Now

The National Association of REALTORS® has issued a Call for Action for every REALTOR® across the country to contact their member of Congress and request they reauthorize the National Flood Insurance Program (NFIP) that is set to expire on September 30, 2017.

If you haven’t already done so, now is the time to take action and urge Congress to support H.R. 2874, “The 21st Century Flood Reform Act.” Participating in this Call for Action is easy and will only take you about 30 seconds!

This is an important opportunity to show Congress the strength of our REALTOR® voice and advocacy efforts, as we unite and rally on key policy issues that impact our industry.

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NAR supports H.R. 2874 because it reauthorizes the NFIP and makes a number of critical improvements, including:

  • Reauthorizes NFIP for a full 5 years, avoiding the uncertainty of short term extensions and potential shutdowns
  • Caps NFIP rates at $10,000 per year for property owners
  • Directs FEMA to develop more granular rate tables, to ensure fewer properties are over charged by NFIP
  • Sets aside $1 billion for flood mitigation assistance grants
  • Increases access to private market flood insurance

Reauthorization of the NFIP will help over 5 million homeowners in 22,000 communities around the country, so it is critical Congress acts now.

Take Action Now

Questions? Comments? Contact BRR Director of Government Affairs Soren Dorius.

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Call for Action: Urge Senate to Pass H.R. 3700

CFA-H.R. 3700 Condo Financing

RPAC SUPPORTS… Homeownership Opportunities

Take Action Now

Condominiums are often the most affordable homeownership option for first-time buyers, small families, single people, and older Americans. Unfortunately, current FHA regulations prevent many buyers from purchasing condos, harm homeowners who need to sell, and limit the ability to attract resident buyers.

Ask your U.S. Senators to pass the “Housing Opportunity Through Modernization Act” to:

  • Reduce owner-occupancy ratio to 35%;
  • Allow lenders to approve condos with commercial space over 25%;
  • Require HUD Secretary to “substantially reduce” burdens on condo recertification; and,
  • Require FHA to mirror the FHFA rules related to private transfer fees.

Why you should care… Your condo buyers and sellers may find a property is ineligible for FHA financing, restricting the pool of buyers.

While our local market doesn’t have a lot of condo product (in part because of the current restrictions) if passed, this new legislation may encourage condo construction and help sell those condos that are currently on the market.   Especially important as condos are often an affordable option for first time buyers and others which we certainly need throughout the region (condos are 27% less expensive than single family homes).

Take Action Today!

Stop Patent Trolls – Avoid Future Lawsuits

REALTORS® across the country receive threatening demand letters and lawsuits alleging patent infringement based on the use of common business tools such as drop down menus or search alert functions on websites and the scanner function on a copier. These patent trolls buy vague patents and use them to turn everyday business practices into potential lawsuits. TAKE ACTION NOW

How does it work? Patent trolls -– or, to call them by a less disparaging name, “patent assertion entity” –- is a person or group who tries to enforce patent rights against infringers in an attempt to collect fees, but who doesn’t actually produce any product or technology related to that patent. A patent troll might buy a patent from a bankrupt company, then sue another company, claiming that one of its products infringes on the patent.

IS MOBILE YOUR THING? GET THE REALTOR®PARTY MOBILE APP BY TEXTING “APP” TO 30644

When there is a Call for Action, you will receive a standard push notification alerting you. The mobile action alert allows you to take action immediately. The new mobile action alert format will make your participation a snap!