NAR Political Advocacy in the New Congress

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NAR Political Advocacy in the New Congress
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• Real Estate/Housing Issues
• Bipartisan Support
• Geographic Diversity
• Congress
• Republicans
• Democrats
• Independents
• Blue Dogs
• Mainstream Group
• REALTOR Party
• Members of Congress
• Support Real Estate/Homeowner Issues

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• House of Representatives
• 232 Democrats
• 203 Republicans

Need 218 to Pass Legislation
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• United States Senate
• 51 Democrats
• 49 Republicans

Need 60 Votes to Pass Significant Legislation
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What the Changes Mean for REALTOR Party Issues
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• Small Business
• Health Plans
• New Committee Chairman
• New Bill

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• Banks in Real Estate
• New Financial Services/Banking Committee Chairmen
  
• Community Choice in Real Estate Act of 2007
• Senators Clinton and Allard
• Representatives Kanjorski and Calvert

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• Tax Issues
• New House Ways and Means Chairman
• New Senate Finance Committee Chairman
• Protection of Mortgage Interest Deduction

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• Housing Issues
• High Priority for New Chairman
• New Focus on Housing Incentives
• FHA
• Fannie Mae/Freddie Mac

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• Environment Issues
• Natural Disaster Policy
• Flood Insurance Reform

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• Regulatory Agencies
• More active Congressional oversight

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Conclusion

• NAR is in position to work with REALTOR Party
  Members