The Washington Report covers legislative and regulatory policy activities, and is compiled by NAR's Government Affairs policy staff. To receive this content via email, subscribe to NAR's Weekly Report newsletter and check the "legislative & regulatory issues" box.
Last week the House passed S. 3245, which re-authorizes the EB-5 regional center program.
NAR took an opportunity to highlight the importance of the VA Home Loan Guaranty program and several enhancements that could make the program even more valuable to our American servicemen and women.
EPA has further delayed its plans to propose and then finalize a Lead Renovation Repair and Painting (LRRP) rule for potential lead-based paint hazards in commercial and public buildings.
NAR and a coalition of business organizations wrote to the Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB), urging them to fundamentally rethink their lease accounting project.
Last week 100 bipartisan Members of Congress wrote to House Leadership urging them to extend rural housing programs that affect more than 900 rural communities.
NAR is pleased the Consumer Financial Protection Bureau (CFPB) included a real estate professional -- the co-founder of the National Association of Hispanic Real Estate Professionals (NAHREP) -- in its 25 member Consumer Advisory Board.