{"id":18776,"date":"2024-03-12T17:43:25","date_gmt":"2024-03-12T17:43:25","guid":{"rendered":"https:\/\/realtorparty.realtor\/?p=18776"},"modified":"2024-03-12T17:43:25","modified_gmt":"2024-03-12T17:43:25","slug":"1118-2-2-2-2-2-2-2-2-2-2-2-2-2-2-4-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-3-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2-2","status":"publish","type":"post","link":"https:\/\/realtorparty.realtor\/news\/newsletters\/realtor-party-news\/0324","title":{"rendered":"REALTOR\u00ae Party News – March 2024"},"content":{"rendered":"

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REALTOR\u00ae Party March Madness <\/a><\/h3>\n

March is a busy month for the REALTOR\u00ae Party. From advocating for crucial issues in Congress \u2013 government funding, independent contractor status, and housing affordability, to name a few \u2013 to supporting REALTOR\u00ae Party champions and pro-real estate policies in elections across the country, the team is working tirelessly on the issues that matter to you and your business.<\/p>\n

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ICYMI: Advancing Advocacy <\/a><\/h3>\n

Hear directly from NAR Chief Advocacy Officer Shannon McGahn on how the REALTOR\u00ae Party advances public policies and candidates that build strong communities, increase access to homeownership, and protect private property rights.<\/p>\n

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5.5M<\/a><\/h2>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]Following President Biden\u2019s State of the Union address, NAR President Kevin Sears expressed appreciation for raising awareness of the affordable housing crisis. \u201cNAR first sounded the alarm on this issue with original research showing a nationwide shortage of 5.5 million affordable housing units. We commend President Biden\u2019s commitment to an all-of-government approach to solve this problem. NAR has proposed and advocated for many of these proposals, which together would make serious headway toward fixing this crisis,\u201d said Sears.<\/p>\n

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22<\/a><\/h2>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]The NAR Policy team released a rundown on the potential impacts of a government shutdown when deadlines approached in early March. With another deadline looming on March 22, which includes the National Flood Insurance Program (NFIP), NAR continues to urge Congress to pass a long-term government funding solution and an NFIP reauthorization.<\/p>\n

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50<\/a><\/h2>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]During Women’s History Month, we celebrate the 1974 passage of the Equal Credit Opportunity Act (ECOA), which banned lending discrimination based on sex and marital status. NAR’s Colette Massengale, Senior Policy Representative, Fair Housing, penned an article for RISMedia examining the advancements made in the 50 years since the ECOA’s passage and the work yet to be done.<\/p>\n

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2023<\/a><\/h2>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]NAR sent a letter to the Appraisal Subcommittee (ASC) challenging the notion that current guidance on banks and fair housing is sufficient for appraisers. NAR followed up its letter from March 2023 with another request for clear guidance from HUD and continues to ask the ASC to improve efforts to make appraiser compensation more transparent.<\/p>\n

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2018<\/a><\/h2>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]NAR wrote to the Department of Labor (DOL) last month about the agency’s proposal to rescind the 2018 Association Health Plans (AHP) final regulations. The letter expressed NAR’s disappointment with the latest DOL proposal and set the record straight that REALTOR\u00ae AHPs were just as comprehensive but more affordable than plans under the Affordable Care Act.<\/p>\n

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29<\/a><\/h2>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]On February 29, the White House announced its \u201cNew Actions to Boost Housing Supply and Lower Housing Costs\u201d aimed at creating more affordable homes and increasing transparency in rental housing. NAR will closely monitor the actions the White House and federal agencies take following this announcement and will continue to advocate for increasing the supply of affordable housing and protecting the rights of housing providers.<\/p>\n

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44.1%<\/a><\/h2>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]According to NAR\u2019s 2024 Snapshot of Race and Home Buying in America<\/em>, released in February, homeownership rates for Asian and Hispanic Americans reached all-time highs in 2022. The Black homeownership rate experienced a modest uptick to 44.1% but remains substantially lower than Asian, Hispanic, and White Americans.<\/p>\n

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$19.4M<\/strong><\/h2>\n

[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]As of February 29, RPAC fundraising reached 39% of its national goal with $19.4 million raised at all three levels of the association, and 36% of its federal disbursements allocation goal with $3.6 million raised at the national level. RPAC has 1,629 Major Investors and a 24% participation rate.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_custom_heading text=”The REALTOR\u00ae Party At Work” use_theme_fonts=”yes”][vc_column_text]<\/p>\n

Don\u2019t forget to bookmark NAR\u2019s Washington Report<\/a> for the latest policy updates.<\/strong><\/p>\n

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Austin REALTORS\u00ae Work to Increase Missing Middle Housing<\/a><\/h3>\n

The City of Austin approved the Home Options for Middle-income Empowerment (HOME) Resolution last year with strong support from the Austin REALTORS\u00ae. Backed by a variety of REALTOR\u00ae Party resources, the association is undertaking multiple efforts to build momentum on increasing missing middle housing.<\/p>\n

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District of Columbia Association of REALTORS\u00ae Hosts Workshop on Accessory Dwelling Units <\/a><\/h3>\n

It\u2019s one thing to pave the way for increased housing with zoning regulation that allows for accessory dwelling units (ADUs); it\u2019s another to cut through the confusion and red tape. Using a Smart Growth Grant<\/a>, the District of Columbia Association of REALTORS\u00ae held a member workshop featuring a panel of experts to present facts, figures, and answers on developing ADUs, now permitted in much of the nation\u2019s capital.<\/p>\n

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Spokane Association of REALTORS\u00ae Lays Foundation for City\u2019s Award-Winning Housing Supply Initiative <\/a><\/h3>\n

Census data showed that housing inventory in Washington state was the lowest in the country in 2022 \u2013 and even worse in the city of Spokane, which was facing only a two- to three-week supply of homes. The Spokane Association of REALTORS\u00ae used a Housing Opportunity Grant<\/a> to bring in the Counselors of Real Estate to assess market conditions and develop a plan for moving forward, helping earn the city a 2023 Smart Communities Award from Governor Jay Inslee.<\/p>\n

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Charlottesville Area Association of REALTORS\u00ae Supports New Zoning Ordinance Aimed at Correcting Racial Inequity and Increasing Affordable Housing<\/a><\/h3>\n

When a racist rally occurred in Charlottesville, Va., in 2017, it prompted the city council to focus on municipal policies through a lens of racial inequity. City leaders revisited the comprehensive land use plan with an eye toward improving affordable housing, an area that had always been linked with race. The Charlottesville Area Association of REALTORS\u00ae endorsed the major zoning reform and used REALTOR\u00ae Party grants to support its passage.<\/p>\n

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Unleashed Joy: A Day at Staten Island Dog Garden<\/a><\/h3>\n

The Staten Island Board of REALTORS\u00ae built a dog park and scent garden in collaboration with the Staten Island Animal Care Center for homeless dogs and their neighbors with support from a REALTOR\u00ae Party Placemaking grant<\/a>. Built in memory of a local boy who passed away trying to save his pets from a house fire, the park was a collaborative project with the Staten Island Animal Care Center and now serves the local community.<\/p>\n

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REALTOR\u00ae Party Conference Grants Available<\/a><\/h3>\n

State and Local REALTOR\u00ae associations can apply for a grant<\/a> to host their own REALTOR\u00ae Party Conference to educate members and further the mission of the REALTOR\u00ae Party. Associations may qualify to receive funding to host an educational or fundraising conference.<\/p>\n

Questions? Contact <\/em>Christine Windle<\/em><\/a>.<\/em>\u00a0<\/em><\/p>\n

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Register for the Urban Roundtable\u2019s UrbanPlan<\/em> at RLM <\/a><\/h3>\n

Uplevel your understanding of the real estate development process to influence community planning by participating in the Urban Roundtable\u2019s UrbanPlan<\/em> on Wednesday, May 8, 1:45-3:45 pm ET, at the REALTORS\u00ae Legislative Meetings. You\u2019ll explore how neighborhoods are built and your role in the process through a fictional city case study conducted by Urban Land Institute experts. Space is limited due to the highly interactive and team-oriented nature of UrbanPlan<\/em>, so register today<\/a>.<\/p>\n

Questions? Contact <\/em>Hugh Morris<\/em><\/a>.<\/em><\/p>\n

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Get the Latest on Modern Growth Management Techniques <\/a><\/h3>\n

NAR\u2019s Growth Management Fact Book<\/a> provides a comprehensive look at a variety of modern growth management techniques, such as urban growth boundaries, housing moratoria and cluster zoning, to help REALTOR\u00ae associations develop informed policy positions. Each section covers impacts on property values, development costs, housing affordability, incentive-based alternatives, and recommended talking points.<\/p>\n

Questions? Contact <\/em>Hugh Morris<\/em><\/a>.<\/em><\/p>\n

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Engage with the REALTOR\u00ae Party Online<\/h3>\n

Follow the REALTOR\u00ae<\/strong> Party on social (Facebook<\/a>\/Instagram<\/a>\/X<\/a>) at @NARRealtorParty. Include #REALTORParty in your social posts so we can amplify your association’s efforts.[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][vc_row_inner content_placement=”top”][vc_column_inner width=”1\/6″][vc_column_text]\"alt_text\"<\/a>[\/vc_column_text][\/vc_column_inner][vc_column_inner width=”5\/6″][vc_column_text]<\/p>\n

President\u2019s Circle Round Two Launches<\/a><\/h3>\n

Round 2 of the 2024 President\u2019s Circle Program, consisting of eight REALTOR\u00ae<\/strong> Party Champions, has launched. Members may also contribute to the national party congressional and senatorial committees, or NAR Federal Political Coordinators (FPCs) may contribute to their respective member of Congress. Remember: Investments must be made through the President\u2019s Circle site<\/a> to count toward your 2024 President\u2019s Circle total.<\/p>\n

Questions? Contact <\/em>Jenn Nguyen<\/em><\/a>.<\/em><\/p>\n

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2024 Sustainability Summit: Registration Now Open <\/a><\/h3>\n

The 2024 Sustainability Summit is the premier event for real estate professionals who are eager to stay on the cutting edge of sustainable practices. Held June 4-5 in Minneapolis, attend to discover the latest market trends and learn about actionable solutions you can implement immediately. Register<\/a> and save $50 with early bird pricing!<\/p>\n

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You\u2019re a REALTOR\u00ae \u2013 and So Much More <\/a><\/h3>\n

Don\u2019t overlook your value as a person, colleague, community leader, friend, partner, mom or dad. You are the irreplaceable asset in your business, and NAR is committed to helping you protect yourself. So, invest in your safety<\/a> and make it home each night. The real value in real estate is you.<\/p>\n

LEARN MORE<\/a>[\/vc_column_text][\/vc_column_inner][\/vc_row_inner][\/vc_column][\/vc_row]<\/p>\n<\/div>","protected":false},"excerpt":{"rendered":"Making homeownership more accessible has been one of NAR\u2019s top advocacy priorities for years, and REALTORS\u00ae are ensuring it\u2019s top of mind for policymakers, too. Since NAR released its groundbreaking report on the housing shortage in 2021, REALTORS\u00ae have led the call for a once-in-a-generation response to solve this crisis.","protected":false},"author":3,"featured_media":3693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[281,20,812,68,813],"tags":[],"class_list":["post-18776","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news","category-news","category-newsletters","category-realtor-party-news","category-realtor-party-news-newsletters"],"acf":[],"_links":{"self":[{"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/posts\/18776","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/comments?post=18776"}],"version-history":[{"count":0,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/posts\/18776\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/media\/3693"}],"wp:attachment":[{"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/media?parent=18776"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/categories?post=18776"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/realtorparty.realtor\/wp-json\/wp\/v2\/tags?post=18776"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}