Mortgage Revenue Bond Reform

Tax
Published

Resolved that NAHB urge Congress to repeal the Ten-Year Rule.

Further resolved that NAHB urge Congress to increase the allowable difference between the interest rate charged to a borrower and the interest rate of the underlying mortgage revenue bond to approximately 2%.

Further resolved that NAHB urge Congress to enact a program that would enable state Housing Finance Agencies to issue qualified veterans bonds to fund loan programs or, in the alternative, to expand the use of their MRB programs by providing exceptions to the first-time home buyer purchase, price and income requirements of the MRB program to serve all past, present and future military veterans.

Resolution originally adopted: 2006.1, Resolution No. 2

Committee with primary jurisdiction:

  • Housing Finance Committee
Full Resolution The full text of this resolution is available for download
Download
Leadership
<p>Resources for Senior Officers, the Leadership Council, Transitional Board, State Reps, NACs and committees.</p>

Leadership and Committees

Leadership and Committees

Resources for Senior Officers, the Leadership Council, Transitional Board, State Reps, NACs and committees.

Access resources

Councils
<p>Providing members the opportunity to network and develop policies that benefit their areas of interest.</p>

Councils

Councils

Providing members the opportunity to network and develop policies that benefit their areas of interest.

About councils

Meetings
<p>Explore upcoming NAHB meetings and events.</p>

Meetings

Meetings

Explore upcoming NAHB meetings and events.

Access events