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New Bill Seeks to Refocus Federal Home Loan Banks to Support Housing Finance

New Bill Seeks to Refocus Federal Home Loan Banks to Support Housing Finance

by Phil Hall | Apr 14, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

Sen. Catherine Cortez Masto (D-NV), the ranking member of the Senate Financial Institutions and Consumer Protection Subcommittee, has put forth the “Federal Home Loan Banks’ Mission Activities Act” with the goal of refocusing the mission of the 11 Federal Home Loan...
New Bipartisan Effort to Upgrade Affordable Housing Credit Program

New Bipartisan Effort to Upgrade Affordable Housing Credit Program

by Phil Hall | Apr 11, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new bipartisan initiative in the US House of Representatives has reintroduced the Affordable Housing Credit Improvement Act, with the goal of financing the development of nearly 2 million affordable homes. The new version of the legislation seeks to increase the...
Washington State Lawmakers Consider Bill to Raise Property Tax Cap

Washington State Lawmakers Consider Bill to Raise Property Tax Cap

by Phil Hall | Apr 10, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

A new bill in the Washington state legislature could raise the cap on property taxes from 1% to 3%. KOMONews.com reports House Bill 2049 is backed by the Association of Washington Cities (AWC), the nonpartisan nonprofit that represents localities before the state...
Florida Realtors Oppose Bill to Eliminate State’s Real Estate Commission

Florida Realtors Oppose Bill to Eliminate State’s Real Estate Commission

by Phil Hall | Apr 10, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

Florida Realtors has come out against a bill in the state legislature that would abolish the Florida Real Estate Commission (FREC). House Bill 1461 eliminate nearly all the state boards and commissions tasked with regulating professions under the Florida Department of...
Hawaiian Legislators Consider Redefining ‘Historic Property’

Hawaiian Legislators Consider Redefining ‘Historic Property’

by Phil Hall | Mar 19, 2025 | Current News & Events, Real Estate News, WRE News Exclusive

The Hawaiian legislature is considering a bill that would redefine what the state considers as a “historic property.” Maui Now reports Senate Bill 15 seeks to update the definition of “historic property” by requiring the site either meets the criteria for inclusion in...
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