The National Association of REALTORS®’ REALTORS® Political Action Committee (RPAC) is one of the strongest advocacy organizations in the nation. And there’s one reason for that: our members. RPAC recognizes that an industry that shies away from politics is an industry whose future is unstable and uncertain. Your investments in RPAC helps to make us players on Capitol Hill and with lawmakers everywhere across the country.
Your continued involvement in the organization allows us to shape and define the size, scope, and success of our industry. Together, we’re protecting the future of real estate in America. Your investment ensures:
- Leaders across the country can pour through legislation and evaluate how new bills and proposed regulations will impact you and your clients.
- RPAC representatives can effectively lobby lawmakers in Washington, D.C. and in state legislatures throughout the U.S.
- We can defend critical real estate-friendly policies like the Mortgage Interest Deduction (MID) and the 30-year mortgage.
- The 100% health insurance deduction for independent contractors is protected.
- Programs like FHA single family insurance and VA home loans remain available, attainable, and effective for prospective homebuyers everywhere in America.
RPAC- Your best investment in real estate! Learn about investing today!
HOW RPAC SUPPORTED YOUR BUSINESS IN 2018Read More
TAX RELIEF FOR REALTORS®
Specifically, as Americans were beginning preparations for the 2018 tax filing season, many in our industry were unsure how they would be impacted by the new 20 percent deduction on qualified business income. Since the details surrounding the ambiguous language of the law emerged in the summer 2018, NAR waged a comprehensive advocacy campaign in Washington, D.C. The result of those efforts were guidelines that enabled real estate professionals to benefit from the Section 199A 20 percent pass-through deduction. This puts more money into REALTOR® pockets to allow expanded operations and provide improved services to consumers and potential homebuyers.
Flooding is the most common disaster in the U.S., one that affects Americans in communities both coastal and inland every year. However, extreme flooding events seem to be increasing in frequency, and have only exacerbated the financial problems facing the program.
NAR pushed the Federal Emergency Management Association to continue issuing and renewing policies during the partial shutdown of the federal government, despite an announcement that it would not operate as expected just a few days earlier.
Recognizing the protections provided by this program will vanish if it remains on its current path, NAR continues to work with Congress to secure responsible, long-term reform to the program.
HOUSING FINANCE REFORM
As Congress and the administration continue to debate a framework for comprehensive housing finance reform, the NAR continues to prioritize proposals that provide liquidity and secure a deep and affordable market for creditworthy Americans, all while maintaining an explicit government guarantee.
NAR’s 1.3 million members ultimately believe that reforms to the system are necessary to ensure a safe and vibrant housing market. As conversations and evaluations continue, we maintain in constant communication with all relevant agencies to secure reforms that protect consumers and the American Dream of homeownership.
CELEBRATING RPAC’s 50TH ANNIVERSARYRead More
RPAC is celebrating its 50th anniversary in 2019! Since 1969, RPAC has been working to advance the American Dream of property ownership. In its first year, the Real Estate Political Education Committee (REPEC) had 300 investors with contributions totaling $28,000. Since then, the REALTORS® Political Action Committee (RPAC) has grown to more than 400,000 participants investing more than $9 million to RPAC at the federal level and $36 million at all three levels of the association. With the continued support of REALTORS® like you, RPAC is looking forward to what we’ll accomplish in the next 50 years — for our businesses, our clients, and our communities. For more information and resources to celebrate this milestone visit realtorparty.realtor/rpac50.