Greater Las Vegas Association Of Realtors
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Biden proposes historic increase in housing supply funding
President Joe Biden has put forward a significant funding proposal aimed at addressing the housing supply crisis in his federal budget for the fiscal year starting October 1, 2022. Released on Monday, the proposal requests a 34% increase in funding for the Department of Housing and Urban Development compared to last year.
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Biden signs omnibus bill including key real estate sector provisions
On March 15, 2022, President Joe Biden signed the Consolidated Appropriations Act of 2022. This $1.5 trillion omnibus spending package is set to fund the government through September 30 and includes several priorities advocated by the National Association of Realtors (NAR). These priorities encompass fair and affordable housing, flood insurance, and support for small businesses.
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Realtors challenge CDC eviction moratorium extension amid legal battles
Housing providers have returned to court following the Centers for Disease Control and Prevention's (CDC) decision to extend the eviction moratorium until October 3. The Alabama and Georgia associations of REALTORS® filed an emergency motion with Judge Dabney Friedrich of the U.S. District Court for the District of Columbia, urging her to enforce a recent U.S. Supreme Court order that stated the CDC could not extend the moratorium without new legislation.