In a sign that support for housing policy is building on Capitol Hill, the bipartisan Congressional Real Estate Caucus, which is tasked with developing legislation to address home supply and affordability, relaunched as part of the 119th Congress. The caucus formed last year with just four members and grew to more than 50 members. The National Association of Realtors (NAR), along with the National Association of Home Builders, National Apartment Association and other industry trade groups, supports the caucus and says the issue of housing has no political party. “Homeownership is a bipartisan issue, and we applaud these members of Congress for forming a caucus to work across the aisle to make housing more accessible,” NAR’s chief advocacy officer Shannon McGahn said. NAR has several key legislative priorities this congressional term, including updating America’s tax law and increasing access to homeownership, ensuring equal access to professional representation, supporting fair housing and promoting NAR research products to help inform policymaking.
Source: Realtor Magazine; 1/27/2025