Realtors® meet with Congressman Richard Hudson on Capitol Hill
Realtors® from the Charlotte region joined their colleagues from across the country on Capitol Hill last week to advocate for issues impacting homeowners — from the much-needed re-authorization of the National Flood Insurance Program (NFIP), to legislation amending the Fair Housing Act to include protection for the LGBTQ community. The meetings, part of NAR’s annual Midyear Conference, brought more than 12,000 Realtors® to Washington, and concluded with a live address by President Donald Trump.
From a breakfast meeting with U.S. Senators Thom Tillis and Richard Burr to individual meetings with Congressman Richard Hudson and legislative staff for Congresswoman Alma Adams, Realtors® spent their day on the Hill talking about issues from tax policy and GSE reform to infrastructure investment and Opportunity Zones.
Hearing from Senators Tillis and Burr on Capitol Hill
Flood Insurance was a particularly relevant topic of discussion, with the $1.3 trillion program set to expire May 31st. The House last Tuesday passed an extension until Sept. 30th — the end of the fiscal year — and the Senate is expected to take up the bill before the Memorial Day recess.
Congress has passed 10 short-term reauthorizations of the NFIP since 2017, and NAR has continued to call for a comprehensive overhaul of the program, which provides coverage to more than 130,000 homeowners in North Carolina alone.
Realtors® also thanked members of Congress for their support for the Qualified Opportunity Zone Program, which provides federal tax incentives for redevelopment in 252 low-income neighborhoods across North Carolina. And they asked them support H.R. 5, The Equality Act, which would amend Civil Rights Act to prohibit discrimination on the basis of sexual orientation and gender identity in housing, public accommodations, and other areas of law.
Thanks to all the North Carolina Realtors® who took time out of their busy schedules last week to visit with our lawmakers in Washington!