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Homebuilders Court Congress on Housing Issues

by devteam June 6th, 2013 | Share

More than 750 builders are inrnWashington today, attending the National Association of Home Buildersrn(NAHB) annual Legislative Conference. Over 300 separate meetingsrnwere to be held between NAHB members and members of the House andrnSenate to discuss policies that will keep the recovery on track andrnincrease housing opportunities. </p

“We are sending a loud and clear message to members of Congressrnthat a strong housing market is critical to create jobs and boostrneconomic growth,” said NAHB Chairman Rick Judson. .</p

Builders were expected to speak with legislators about a numberrnof key housing issues: </p<ul<li

Tax reform. NAHB is urging Congress to keep the mortgagerninterest deduction as well as the Low Income Housing Tax Credit tornensure that lower-income families have access to safe, decent andrnaffordable housing.</p</li<li

Housing finance reform. NAHB members are advocating that anyrnreforms of Fannie Mae, Freddie Mac, and the larger housing financernsystems continue to provide for a reliable and adequate flow ofrncredit for home buyers and that the federal government play anrnappropriate role in backing up the housing finance system. </p</li<li

Immigration reform. NAHB supports comprehensive immigrationrnreform that protects the nation’s borders; continues to make U.S.rnemployers accountable only for the identity and work authorizationrnstatus of their direct employees; and creates an efficient,rntemporary guest worker program. </p</li<li

Credit for housing production. NAHB is asking lawmakers tornsupport House bill H.R. 1255 sponsored by Reps. Gary Millerrn(R-Calif.) and Carolyn McCarthy (D-N.Y.) and companion Senate billrnS. 1002 introduced by Sens. Robert Menendez (D-N.J.) and JohnnyrnIsakson (R-Ga.) that would help resolve the ongoing credit problemsrnfor builders.</p</li

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About the Author

devteam

Steven A Feinberg (@CPAsteve) of Appletree Business Services LLC, is a PASBA member accountant located in Londonderry, New Hampshire.

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