CALL for ACTION
NORTH CAROLINA STATE CONTACTS:
Governor Pat McCrory: www.governor.state.nc.us/contact/email-pat
Senator Jim Davis, firstname.lastname@example.org 919-733-5875
Repr. Roger West, email@example.com 919-733-5859
US LEGISLATIVE CONTACTS:
Senator Richard Burr, 202-224-3154
Senator Thom Tillis, 202-224-6342
Representative Mark Meadows, 202-225-6401
June 13, 2016
NAR Call for Action to launch TODAY, Monday, June 13
ntially reduce” burdens on condo recertification.
- Require F
Last Thursday, you should have received an email from the NAR Government Affairs Communications office informing you that a Call for Action (CFA) would be launched today, Monday, June 13.
It will be focused on encouraging the U.S. Senate to support and pass House Resolution 3700 "Housing Opportunity Through Modernization Act of 2016". This legislation would make four (4) changes to the Federal Housing Authority's Condominium Rules. They are:
- Reduce owner-occupancy ratio to 35% unless HUD acts within 90 days of enactment of this law to otherwise lower the ratio.
- Allow lenders to approve condos with commercial space over 25%.
- Require HUD Secretary to “substaHA to mirror the FHFA rules related to private transfer fees. NAR is now working with the Senate to move legislation there.
Check out the NAR Issue Summary here and a copy of the bill summary here. This legislation passed unanimously in the House of Representatives.
The Call for Action will go live around 3PM this afternoon and will remain open until at least the Congressional summer recess which begins July 18.
During this time, we will need your help to ensure that your members take action on this important issue and help NC REALTORS® achieve 20% participation to continue our progress towards the NAR President's Cup. Also, promotion of all NAR Calls for Action is a component of Core Standards for all associations.
NC REALTORS® will begin our outreach to members with social media posts starting this afternoon on our Facebook and Twitter pages. The first all member email will be sent out on Wednesday morning. CFA information will also be included in all NC REALTORS® communications going forward. Please share any of this content with your members to encourage their participation.
Targeted emails to specific member groups will likely begin next Thursday, following NC REALTORS® Legislative Meetings. If you would like for NC REALTORS® to send a targeted message to your membership who have not participated, please email Seth Palmer. He will coordinate the distribution schedule.
Please do not hesitate to contact any member of the NC REALTORS® Government Affairs Team if you have any questions.