Realtors Join Effort

Last week, the National Association of Realtors expressed their support of our initiative by submitting a letter to Treasury Secretary Geithner. The NAR is a national trade association of 1.2 million real estate professionals.

In a letter signed by 2009 NAR President Charles McMillan, the association adds its voice in requesting that the GO Zone Tax Credits be included in the Exchange Program as part of the American Recovery and Reinvestment Act.

The clear intent of ARRA is to get our economy working again by among other things funding critical infrastructure. Affordable housing and community development is the most critical infrastructure to America’s families. For this reason, we ask that you strongly reconsider the exclusion of GO-Zone and other disaster related tax credit allocations from funding under ARRA.

This sentiment is shared by in impressive list of groups and individuals who realize the necessity of including the Gulf Coast region in this economic recovery effort.