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.
  • 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 difficult obstacles, but NAR’s efforts to clear the way are on going.