For the first time in its 74-year history, the National Association of Home Builders (NAHB) will officially endorse candidates for the U.S. House and Senate in the upcoming Nov. 8 elections.
“As housing goes, so goes the economy,” said NAHB Chairman Ed Brady, a home builder and developer from Bloomington, Ill. “This election could determine if the housing and economic recovery stays on track or veers off course. The incumbents and candidates from both political parties that NAHB will be endorsing have all exhibited a commitment to advance policies that will promote home ownership and rental housing opportunities for all Americans.”
When the 115th Congress convenes in Washington early next year, there will be plenty of unfinished housing business awaiting lawmakers. NAHB believes that Congress must focus on:
- Reforming and streamlining the regulatory process.
- Ensuring that any tax reform efforts protect vital housing tax incentives that are needed to keep housing and the economy moving forward.
- Easing tight credit conditions for home buyers.
- Enacting comprehensive housing finance reform.
- In the coming days and weeks, NAHB will be working with its state and local home builders associations to coordinate announcing the endorsements. A full list will be available after all the endorsements have been finalized.
NAHB will not endorse a candidate for President, the organization said.