NAR Call For Action: Stop the Housing Tax for Transportation
On Thursday, October 22, 2015, the House of Representatives Transportation and Infrastructure Committee will begin consideration on the surface transportation reauthorization legislation.
One proposal would use Fannie Mae and Freddie Mac’s credit risk guarantee fees (g-fees) to fund transportation programs. Take action now to prevent Congress from placing an unnecessary long-term burden on American homeowners with a new Transportation Tax.
NAR strongly believes that a new tax on homeowners would also prevent Fannie Mae and Freddie Mac from effectively managing their risk.