All HAR members are urged to take action today through the recently launched NAR Call for Action in support of H.R. 3700, the Housing Opportunity Through Modernization Act. This legislation provides significant benefits to taxpayers, homebuyers and the real estate market by:
- Removing a burdensome and expensive FHA Condo approval process;
- Reducing FHA restrictions on the number of condos available to homebuyers;
- Permanently streamlining Rural Housing Service loan processing.
The U.S. House passed H.R. 3700 by a 427-0 vote, however the U.S. Senate has yet to act on H.R. 3700. Click on this link to urge your U.S. Senators to bring H.R. 3700 to the Senate Floor for a vote! This action only takes one minute or less. Also, please share this with all of your REALTOR® colleagues and friends!
HAR’s response rate for this Call for Action stands at just 3.9% as of midday on Monday, June 20. The goal is to reach a 20% participation rate. Click here to view the response rate for all Associations across Texas.