President Obama signed a $109 billion reauthorization for transportation programs in the same legislation that reauthorized federal flood insurance two weeks ago. Learn about the transportation part of the law in this 6-minute video with NAR Government Affairs. The money is key to maintaining and constructing new roads, highways, and other transportation infrastructure in states and localities.
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ADVOCACY
NAR Is Your Voice For Commercial Real Estate Issues
Recently, NAR signed two coalition letters, urging Senate Majority Leader Reid and Republican Leader McConnell to expand the Senate jobs legislation to include provisions aimed to enhance the flow of credit to the small business and commercial real estate sectors. Stay updated on how this and other advocacy efforts impact your business by reading NAR’s Commercial Real Estate Advocacy Timeline. More…
Latest Commercial Advocacy Efforts
NAR has issued letters in support of covered bond legislation, credit union business lending, and most recently the Common Sense Recovery Act of 2011. These pieces of legislation have the potential to increase commercial financing and positively impact the market while helping you close commercial deals.
Small Business Lending Bill Advances to Senate Floor
NAR is urging the Senate to OK legislation that would create a $30 billion small business loan fund. NAR also wants the bill to allow credit unions to increase loans to commercial real estate. Similar legislation has passed the house but Senate prospects are unclear. For more information, contact Vijay Yadlapati at 202-383-1090 or vyadlapati@realtors.org.
