WASHINGTON – (RealEstateRama) — Ed Brady, chairman of the National Association of Home Builders (NAHB) and a home builder and developer from Bloomington, Ill., issued the following statement on Tuesday’s national elections:
“The National Association of Home Builders congratulates Donald Trump on his election as the 45th President of the United States of America and all the lawmakers who were elected to the 115th Congress.
“When President-elect Trump takes the oath of office in January and the 115th Congress convenes, NAHB looks forward to working in a bipartisan manner with the incoming administration and Republican and Democratic congressional leaders to tackle critical issues facing the housing industry.
“Specifically, policymakers need to reform the regulatory process, ensure creditworthy home buyers and small businesses can get mortgages and loans, protect the mortgage interest deduction and expand the Low Income Housing Tax Credit. It is also essential to enact comprehensive housing finance reform that safeguards the 30-year mortgage. This pro-housing legislative and regulatory agenda will spur job growth and keep the housing and economic recovery moving forward.”