NAR Letter to Full Senate Supporting S. 3083
Issue Date: June 24, 2016
US HR 3700 - Housing Opportunities through Modernization Act
On June 24, 2016, NAR sent a letter to all Senator urging them to cosponsor . 3083, the “Housing Opportunity Through Modernization Act” (HOTMA), sponsored by Senators Menendez (D-NJ), Scott (R-SC), Blunt (R-MO) and Coons (D-DE). This bi-partisan bill makes a number of reforms to federal housing programs that will streamline processes and create efficiencies for government and consumers. Companion legislation (H.R. 3700) passed the House in February by a vote of 427-0.