Jun 25, 2010
NAR continues pressing for NFIP & homebuyer tax credit closing deadline extension
25 Jun 2010
Posted by VAR
Despite yesterday’s filibuster, NAR continues lobbying Congress to pass the closing deadline for the homebuyer tax credit and the National Flood Insurance Program. According to NAR:
- Members are advised “to proceed as if the June 30, 2010 date is binding.”
- NAR lobbyists are pursuing “all possible options with senior congressional staff to determine what other legislation may be available for passing a June 30 extension. Each of the possible options face[s] difficult obstacles…”
- NAR lobbyists expect the Senate to consider HR 5569, the National Flood Insurance Program Extension Act of 2010, next week.