NAR ISSUE UPDATES

Published: March 14, 2007

<table width="507"><tbody><tr><td class="sectionheader"><span style="FONT-WEIGHT: bold; FONT-SIZE: 13px; MARGIN-BOTTOM: 3px; PADDING-BOTTOM: 3px; COLOR: #cc0000; PADDING-TOP: 3px; FONT-FAMILY: Arial, Helvetica, sans-serif">ISSUE UPDATES </b /></span></td></tr><!– End of story –><!– Itemheader –><tr><td class="itemheader"><span style="FONT-WEIGHT: 900; FONT-SIZE: 14px; MARGIN-BOTTOM: 3px; PADDING-BOTTOM: 3px; COLOR: #003399; PADDING-TOP: 3px; FONT-FAMILY: Arial, Helvetica, sans-serif"><br /><b>House Committee OKs Gulf Coast Recovery Housing Bill </b></span></td></tr><!– Story –><tr><td class="blacktext" width="500">Last week the House Financial Services Committee approved a bill to assist hurricane evacuees with rental housing and provide support for landlords who provided evacuees with housing. The &quot;Gulf Coast Hurricane House Recovery Act of 2007,&quot; H.R. 1227, also provides flexibility for the use of already allocated funds and provides new oversight of existing programs. NAR joined a coalition of housing groups in writing a letter of support . The bill is expected on the House floor in the next few weeks. </td></tr><!– End of story –><!– Itemheader –><tr><td class="itemheader"><span style="FONT-WEIGHT: 900; FONT-SIZE: 14px; MARGIN-BOTTOM: 3px; PADDING-BOTTOM: 3px; COLOR: #003399; PADDING-TOP: 3px; FONT-FAMILY: Arial, Helvetica, sans-serif"><br /><b>Lawmakers Seek to Delay HUD Language Guidance </b></span></td></tr><!– Story –><tr><td class="blacktext" width="500">More than a dozen lawmakers have requested HUD to suspend its guidance on a federal order requiring recipients of federal assistance to make notices available in languages other than English to help people with limited English proficiency. The HUD guidance covers companies and organizations administering assistance such as Section 8 rental subsidies, public housing, and HOME and CDBG block grants, which are used for affordable housing and community development. NAR has expressed concern over administrative burdens posed by the HUD guidance, which implements a federal executive order signed several years ago. NAR will be publishing an FAQ on the guidance shortly. To view HUD info on its guidelines, <a title="blocked::http://go-to.realtor.org/h/R3Q25/PFIOQ/SN/K2F81" href="http://go-to.realtor.org/h/R3Q25/PFIOQ/SN/K2F81">click here.</a> </td></tr><!– End of story –><!– Itemheader –><tr><td class="itemheader"><span style="FONT-WEIGHT: 900; FONT-SIZE: 14px; MARGIN-BOTTOM: 3px; PADDING-BOTTOM: 3px; COLOR: #003399; PADDING-TOP: 3px; FONT-FAMILY: Arial, Helvetica, sans-serif"><br /><b>Joint Effort on RESPA Education Launched </b></span></td></tr><!– Story –><tr><td class="blacktext" width="500">In the first of what NAR is aiming to make a regular event in partnership with state associations, NAR and the Maryland Association of REALTORS® will hold an education session on federal Real Estate Settlement Procedures Act (RESPA) rules April 17 at the La Fontaine Bleu in Glen Burnie, Md., 9 a.m. -12 p.m. NAR is looking to partner with other state associations to put together similar sessions. For REALTORS® attending the 2007 Midyear Legislative Meetings &amp; Expo in Washington in May, NAR will be holding its &quot;RESPA Realities&quot; session, which also covers the RESPA rules. That session will be held May 15 at 8 a.m. For more info on the Midyear Meetings, <a title="blocked::http://go-to.realtor.org/h/C4V33/PFIOQ/SN/K2F81" href="http://go-to.realtor.org/h/C4V33/PFIOQ/SN/K2F81">click here.</a>  </td></tr><!– End of story –><!– Itemheader –><tr><td class="itemheader"><span style="FONT-WEIGHT: 900; FONT-SIZE: 14px; MARGIN-BOTTOM: 3px; PADDING-BOTTOM: 3px; COLOR: #003399; PADDING-TOP: 3px; FONT-FAMILY: Arial, Helvetica, sans-serif"><br /><b>Lawmakers Look at Housing-Transportation Links </b></span></td></tr><!– Story –><tr><td class="blacktext" width="500">NAR shared its findings on consumer preferences for housing and transportation options at a House Appropriations Subcommittee hearing last week. The hearing looked at the links between housing and transportation in building sustainable communities. </td></tr></tbody></table>


Last modified: March 14, 2007 at 7:45 am | Originally published: March 14, 2007 at 7:45 am
Printed: September 27, 2020