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Broker Call for Action: Flood Insurance and Rural Housing

Review Current Broker Call for Action

CFA Title: Flood Insurance and Rural Housing
Target Audience: Your Members of Congress
Timeline: Immediately

Review and Approve the E-mail Message to Your Agents:

Realtors have been urging Congress to pass a comprehensive National Flood Insurance Program reform bill all year. We conducted a Call for Action in April, testified at Congressional hearings and urged action during our midyear hill visits. Yet once again, Congress left town before reauthorizing the NFIP and the Section 502 Rural Housing Program. As a result, thousands of transactions have come to a stop, again.

The NFIP and the Section 502 Rural Housing Program are critically important to Americans and the U.S. economy. The real estate recovery can’t afford prolonged Congressional inaction.

Regardless of your location, rebuilding our markets in every corner of America is in every Realtor's interest. The Realtor Party must speak with one voice to urge Congress to renew both NFIP and the Rural Housing 502 program today. Please contact Congress today.

Sincerely,

<<Your name inserted here>>

 

Read What's At Stake? to learn more.

 

Your agents send this letter to the following decision maker(s): Their Congressperson and Senators

Subject: Renew Critical Housing Programs: NFIP and RHS

Dear [decision maker name automatically inserted here],

Congress left for the Memorial Day recess, leaving two critical housing programs unauthorized or unfunded. On May 31, authority for the National Flood Insurance Program (NFIP) expired. Lenders have stopped accepting applications for the Section 502 rural housing program, which has exhausted its funding.

Until Congress returns and extends these programs, worthy homebuyers will be left without access to mortgages. Given the many challenges financial and real estate markets are facing, now is not the time to create another, but avoidable, obstacle to real estate transactions. Please do not let this continue.

As a Realtor, I understand the importance of these programs to every region of the nation. A real estate recovery can't survive the uncertainty created by Congressional inaction.

Rural families in every state in the nation rely on the Section 502 single family guarantee program to allow them to repair, renovate and purchase homes, as well as prepare sites with water and sewage facilities.

Today, property owners in every state depend on these programs. Each day the Congress fails to act, thousands of real estate transactions will be delayed and homebuyers and homeowners will be left in the lurch. Upon your return, Congress must swiftly take the necessary steps to ensure the continuation of these critical and essential insurance programs.

Sincerely,

<<Agent's first & last name automatically inserted here.>>

----END OF LETTER TO BE SENT----

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I approve. Send my letter and the Call for Action to my agents. I want to make edits. Editing the message slows the delivery I do not want to participate in this Broker Call for Action. Do not send this message from me to my agents.

 

Call for Action + Issue Awareness 

What's in Store for 2010?
Hear NAR President Vicki Cox Golder
discuss public policy intiatives for NAR in 2010.
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