NAR Letter to Full Senate Supporting HR 3700
Issue Date: March 07, 2016
US HR 3700 - Housing Opportunities through Modernization Act
On March 7, 2016, NAR sent a letter to the Full Senate urging immediate passage of H.R. 3700.
H.R. 3700 will expand housing opportunities for first-time homebuyers and low-income rental housing residents, ease restrictions on existing homeowners and landlords, streamline rural housing programs, and save taxpayers money. The legislation also contains a number of provisions that will ease restrictions on the purchase of condominiums.