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.
On December 10, 2014, the Federal Housing Administration (FHA) announced that it will not extend the temporary waiver of FHA’s regulation that prohibits the use of FHA financing to purchase single family properties that are being resold within 90 days of the previous acquisition.
The House Committee on Transportation’s Subcommittee on Aviation held a hearing this week on “U.S. Unmanned Aircraft Systems: Integration, Oversight and Competitiveness."
The EPA is in the process of determining if they will move forward with a proposed regulation on how renovation, repair and painting activities may occur in commercial buildings.
On Dec. 5, 2014, the Federal Housing Administration (FHA) released its 2015 Loan Limits.
On Dec. 3, 2014, the House of Representatives passed H.R. 5771, the Tax Increase Prevention Act of 2014, by a strong bipartisan vote of 378-46.
On Monday, Dec. 1, Rep. Stephen Fincher (R-TN) released a "Dear Colleague" letter to the leadership of the House of Representatives urging them to support a long-term reauthorization of the Terrorism Risk Insurance Act of 2002, or "TRIA."