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GOVERNMENT AFFAIRS

The Tucson Association of REALTORS® takes a very active role in public policy and government issues affecting our community.

For more information about the Association's public policy efforts, please contact the Director of Government Affairs, Steve Huffman at 382-8787 orr steve@tucsonrealtors.org

RAPAC - QUICK FACTS

- 70% of your contributions stay in AZ

- Your contribution ensures you can continue to do business without government regulations carving fees and taxes out of your commissions!

- It is THE best investment you can make in your business and your industry.

NATIONAL ASSOCIATION OF REALTORS®                 Government Affairs


ARIZONA ASSOCIATION OF REALTORS®                 Government Affairs


REALTOR® ACTION CENTER
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NEWS & ANNOUCEMENTS

How many of your clients can put 20% down?

Six federal agencies including the United States Federal Reserve have been considering new regulations that would effectively REQUIRE most new borrowers to put at least 20% down to obtain a new mortgage. These mortgages called Qualified Residential Mortgages ( QRM ) were just a small part of the sweeping changes made to our financial system under the Frank-Dodd Law.

The public comment period on these changes has been extended from June 10th to August 1st of this year in light of the numerous concerns about its potential impact on home ownership. As many as 39% of all mortgages placed on homes in 2010 were to buyers with less than 20% down. Millions of Americans, including many first time home buyers, would lose their opportunity to purchase a home.

REALTORSŪ have led the charge to oppose these new regulations and are starting to see signs of success. Over 160 Representatives and 40 Senators from the U.S. Congress have signed letters in opposition to these changes. We cannot take for granted we will win.

These new regulations may need to be repealed by Congress if they are implemented. We need elected officials that understand this. Issues such as this, or the repeal of the mortgage interest deduction could take home ownership out of the American Dream forever.

How can you help to stop this?
Make your contribution today to the REALTORŪ Political Action Committee ( RAPAC). These funds give us the voice and strength we need to be heard in Washington and back home in Arizona. You cannot assume these issues will go away. Our business will be changed for decades to come if the wrong choices are made.

Today less than 7% of our members have made a contribution to RAPAC. If you are not one of them, we need you today. Even a small contribution of $30 will go a long way to stopping these changes from happening.

Please click here to make your contribution online.

If you like you may send your check to RAPAC at the address below:
Tucson Association of REALTORSŪ
2445 N. Tucson Blvd.
Tucson, Az 85716

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Tucson City Council Meetings:

June 7th, 14th, 21st and 28th at 5:30pm

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Marana Council Meetings: 

June 7th and 21st at 7pm


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Pima County Board of Supervisors Meetings:

June 7th and 21st at 9am


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Sahuarita  Council Meetings: 

June 13th and 27th at 6:30pm

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Town of Oro Valley Meetings:

June 1st at 6pm

 
Tucson Association of REALTORSŪ & Tucson Association of REALTORSŪ Multiple Listing Service, Inc.
2445 N. Tucson Blvd. Tucson, AZ 85716
Association Phone: 520-327-4218, MLS Phone: 520-795-1293, Fax: 520-322-6613
For more information about the Association, please visit our website at
www.tucsonrealtors.org.
 
 

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