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2018 NKAR DIRECTOR ELECTION RESULTS

 

 Congratulations to new NKAR Directors for the 2018-2020 term

        cm                                             jss

Cheery Malone - Broker/DR                               Jim Simpson -Broker/DR

        lbu                                                  lbr
    Lisa Bush - Sales Agent                                     Lisa Brandenburg - Sales Agent

A special "Thank You" to all the candidates and also to the members who voted.

 

Don’t let congress raise taxes on middle class homeowners

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DONT TAX HOMEOWNERS

 NAR supports tax reform, but Congress needs to first do no harm to tax incentives that encourage home-ownership. It’s important to us that we seek to assure that tax reforms support the goals of homeownership and the freedom to buy, maintain and sell real estate.

 

  • NAR rejects repealing or weakening tax incentives for homeowners, like the mortgage interest deduction and the state and local property tax deduction. 
  • These incentives are critical for a strong housing market that creates jobs and builds stable communities. 
  • We can’t let Congress turn reform into a tax increase for middle-class homeowners. 
  • Homeowners already pay 83% of all federal income taxes. Homeowners should not have to pay more taxes so corporations can pay less.
  • Home-owning families with incomes between $50,000 and $200,000 could face average tax hikes of $815 in the year after enactment.
  • Tax reforms under discussion could result in a drop of more than 10% in the value of all homes.

 

The plan is expected to double the standard deduction and eliminate all personal deductions except the Mortgage Interest Deduction and the deduction for Charitable Contributions.  The plan eliminates the deduction for State and Local Taxes. By doubling the standard deduction, the Mortgage Interest Deduction would only be available to the top 5% of taxpayers.  READ MORE

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NFIP Extended to Dec. 8th - ASK CONGRESS TO PASS THE 21ST CENTURY FLOOD REFORM ACT

NFIP

 

The United States Senate voted to pass a three-month extension of the National Flood Insurance Program (NFIP).  The House of Representatives passed the legislation September 8th, 2017 and the President quickly sign the bill into law later that day. This legislation ensures that the NFIP will not lapse on September 30, 2017 but will extend to December 8th, 2017.

Ask Congress to reauthorize the National Flood Insurance Program by urging them to support H.R. 2874, “The 21st Century Flood Reform Act."

 

 H.R. 2874 reauthorizes the NFIP long term and makes a number of critical improvements to the NFIP including...

Increased funds for mitigation activities

Caps on overall premium increases

Improved claim and mapping processes

As well as removing hurdles for more private market participation in the flood insurance market.

Reauthorization of the NFIP will help over 5 million homeowners in 22,000 communities around the country and save over 40,000 property sales per month! 

More information:

Key Talking Points

HR 2874 Bill Summary on Congress.gov

NAR Section-By-Section Analysis of HR 2874

NAR Flood Insurance Portal

FLOODING IS THE NUMBER ONE NATURAL DISASTER IN THE UNITED STATES. FLOODS HAVE IMPACTED EVERY STATE IN THE COUNTRY AND CAUSED SIGNIFICANT LOSS OF LIFE AND HUNDREDS OF BILLIONS OF DOLLARS IN PROPERTY DAMAGE.

I PLEDGE TO BE PREPARED IN THE EVENT OF A FLOOD BY

  • Learning about the risk of flooding in my neighborhood
  • Creating and sharing an emergency plan for myself and my family in the event of a flood
  • Educating myself on what to do if a flood occurs
  • Educating myself on what to do after a flood
  • Staying informed about the status of Hawaii's eligibility to be covered by the National Flood Insurance Program

 SIGN THE PLEDGE