All GPAR Members ->> NAR Call for Action - Stop the Housing Tax for Transportation

Kim Melicharek gpar.office at gmail.com
Thu Oct 15 13:37:57 CDT 2015


 

 

 



CALL FOR ACTION! 
Tell Congress to Oppose the Housing Tax for Transportation
<http://www2.realtoractioncenter.com/site/R?i=tGlmPPqp4tLdHW97Ulu2-Q> 
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Dear Tiffany,

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Congress is considering a proposal that would create a tax on all potential
homeowners and consumers looking to purchase or refinance a mortgage.

By increasing Fannie Mae and Freddie Mac's credit risk guarantee fees
(g-fees) to fund transportation programs, Congress would disturb the housing
recovery.  Now is not the time to raise the cost to purchase or refinance a
home. 

NAR strongly believes that taxing homeowners to pay for transportation
programs places an unnecessary long-term burden on consumers and this action
will disproportionately impact low and moderate income borrowers, as well as
first-time homebuyers.

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Tell Congress to stop taxing homeowners to fund transportation projects.

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Chris Polychron
2015 NAR President

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