The bill includes some long-term NAR goals, including expanding broadband access. 

WASHINGTON – The National Association of Realtors® (NAR) explained changes in the just-passed bipartisan infrastructure bill prior to passage, and it issued a second one largely backing the move after Congress passed it. The bill does not, however, put an end to guarantee fees that make mortgage loans more expensive.

“NAR is encouraged by the bipartisan support for the infrastructure bill,” NAR President Charlie Oppler said in a release. “We supported many elements of this legislation, including significant investment in the power grid, managing climate risks, and repairing and replacing aging roads, bridges, ports, airports and railways. These improvements will make communities more resilient and sustainable.”

Oppler specifically pointed to one element of the bill – a “historic” $65 billion investment in broadband

“This new funding will ensure all communities have affordable access to a world-class communications infrastructure and provide opportunities to rural, underserved and low-income areas,” Oppler said.

 

© 2021 Florida Realtors®