Federal Issues & Legislation

A letter from Governmental Affairs Director, Frankie Elliott, regarding President Biden's 2021 Tax Proposals


GSEs' Regulator Limits 2nd Home, Investor Loans, and Loans to Underserved and First-Time Buyers
Federal

A brief explanation of the changes at the GSEs that affect second homes and NAR's efforts to support the market.

Congress Extends Paycheck Protection Program (PPP)
Federal

In a surprise move on July 1, the U.S. Congress cleared legislation extending the Paycheck Protection Program (PPP), popular with REALTORS®, through August 8.

Deadline Relief for Like-Kind Exchange and Opportunity Zone
Federal
The IRS has granted relief from statutory deadlines with property owners involved in 1031 like-kind exchanges and opportunity zones.
2020 “Virtual” REALTORS® Legislative Meetings
Federal
While the Coronavirus has forced the 2020 REALTORS® Legislative Meeting to now be “virtual”, it will not stop our members from conducting committee meetings, key sessions, elections and meeting with members of Congress!
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