Thousands of members were on Capitol Hill in May advocating for commercial real estate priorities, including expansion of the Low- Income Housing Tax Credit, retention of the 199A qualified business income deduction, and preservation of the 1031 exchange. In April, NAR wrote to a congressional panel, emphasizing the need for federal policies that ease the adjustment to COVID market changes and encourage lender flexibility as billions of dollars in debt comes due. And the Bipartisan Congressional Real Estate Caucus was launched this spring to explore solutions with industry experts.
Meanwhile, NAR is supporting property rights in the courts and fighting regulatory burdens at the state and local level. Effective advocacy takes time and continuous effort. Your membership and engagement are the reason we achieve so much year after year. We’d love to thank you personally at this year’s C5 + CCIM Global Summit (See Gear Up for the C5 + CCIM Global Summit 2024), where a dynamic lineup of speakers and networking experiences will help you make the most of the coming year