GADFly Newsletter – June 2022

GAD Institute Registration is OPEN! The Government Affairs Directors’ Institute (GAD Institute) is an annual professional development conference for state and local association professionals who work in the areas of government affairs, political affairs, legislative or regulatory affairs, lobbying, advocacy, RPAC fundraising, campaigns, community outreach, and/or REALTOR® Party initiatives. This year’s GAD Institute will be held July 19-21 Still Time to Register for GAD Institute! The Government Affairs Directors’ Institute (GAD Institute) is an annual professional development conference for state and local association professionals working in government affairs, political affairs, legislative or regulatory affairs, lobbying, advocacy, RPAC fundraising, campaigns, community outreach, and/or REALTOR® Party initiatives. This year’s GAD Institute will be held July 19-21 in Philadelphia, PA. Register today! GADs Give Back GADs Give Back is an initiative that began in 2018 to give back to the host community for the GAD Institute. This year, the Philly First Home Program has been chosen to receive GAD support. This program, run by the Philadelphia Housing Development Corporation (PHDC), offers a homebuyer assistance grant of up to $10,000 (or 6% of the home’s purchase price, whichever is lower) to help first-time homebuyers reduce the principal of their mortgage, cover the down payment and loan closing costs. At a time when homeownership is getting out of reach for many, programs like this support homeowners and our industry. Our goal is to raise enough funds to provide a full grant to a worthy recipient. Please consider donating today!

Community Outreach

Engage in Housing Affordability Initiatives Organize a summit on policy solutions, retain a consultant to conduct a housing needs study, host a meeting with business and community leaders, or hold a homebuyer education session. Housing Opportunity Grants support a wide range of initiatives to raise awareness and increase the availability of affordable housing options. View REALTOR® Party Success Stories (search “Housing Opportunity”) or the Housing Opportunity Toolkit to learn more. Questions? Contact Christine Windle. Get the Facts on Modern Growth Management Techniques NAR’s Growth Management Fact Book provides a comprehensive look at modern growth management techniques, such as urban growth boundaries, housing moratoria, adequate public facilities, and cluster zoning, to help REALTOR® associations stay informed and develop well-reasoned policy positions to advance housing and development issue priorities. A recent update includes the latest on parking reform trends, planning for equity models, missing middle housing strategies, and links to NAR resources on all topics. Access the latest update (M1 Member ID and password required). Questions? Contact Hugh Morris at 202-383-1278. Plant Advocacy Seeds with Placemaking Gain political capital, increase your influence, and enhance the REALTOR® image when you collaborate with local leaders on a Placemaking project such as a community garden, playground, parklet, or dog park. The REALTOR® Party offers grants and a range of additional resources including a toolkit and technical assistance. To learn more, contact Catherine Mesick. REALTOR® Party Success Stories – June 2022 Each month, REALTOR® Party Success Stories highlight state and local associations that achieved an advocacy win with the help of a REALTOR® Party grant or resource. Success stories created in June for Homeownership Month include:

RPAC Fundraising

2022 President’s Circle Three rounds of the 2022 President’s Circle program have been released, with the final round set to launch this summer. As a reminder, all new President’s Circle members are able to sign up even after the first $500 May 31st deadline as long as they invest their $2,000 by September 30th. If you have questions, reach out to Avery Walker. RPAC Major Investor Recognition Deadlines Make sure you and your members are recognized as RPAC Major Investors by the October and December deadlines! Click here for all dates and important details. These are HARD deadlines to submit RPAC investments to the NAR Finance Office. For questions about RPAC transmittal deadlines, contact Jackie Zaporowski (202-383-1029) or Debbie Frey (312-329-8565). Save the Date: RPAC Major Investor Reception The RPAC Major Investor Reception will be held Saturday, November 12, from 6:30pm to 9:30pm during NAR NXT, The REALTOR® Experience. We will be at SeaWorld this year! Please keep in mind, the deadline to have Major Investor funds processed to be invited to this event is Wednesday, October 19th. We hope to see you and your fellow 2022 Major Investors there!

NAR Research and Press Releases

Metro Wealth Reports as of 2022 Q1 A homeowner who purchased a typical home five years ago would have gained $125,300 from price appreciation alone. By: Scholastica (Gay) Cororaton Instant Reaction: Mortgage Rates, June 16, 2022 Mortgage rates surged to their highest level since 2008, after the Fed’s rate hike. By: Nadia Evangelou Pending Home Sales Hit the Lowest Level Since 2020 and Fall 3.9% in April 2022 The pending home sales pace in April 2022 fell 3.9% month-over-month and 9.1% year-over-year. By: Michael Hyman How Do Home Sales Affect the Economy and the Job Market in Your State? NAR calculated the total economic impact of real-estate-related industries on the state economy, as well as the expenditures that result from a single home sale, including aspects like home construction costs, real estate brokerage, mortgage lending, and title insurance. By: Nadia Evangelou

Key Dates

July 19–21, 2022 Government Affairs Directors (GAD) Institute

Brad Ward GAD Chair Michigan REALTORS® One month until we’re together in Philadelphia for our 2022 GAD Institute! It is amazing how fast this year has moved along. I’m excited for you all to experience everything Vice Chair Josh Dix and the GAD Advisory Group have put together. We are truly blessed with hardworking colleagues who are dedicated to delivering quality professional development content to you. Though early bird registration has closed, I highly encourage you to register today for this year’s GAD Institute. One of the newest developments is the confirmation of our keynote speakers. This year, we are happy to bring Bakari Sellers and Amy Holmes to the Institute to share their political and policy insights. Bakari Sellers is a frequent CNN contributor who made history as the youngest member of the South Carolina legislature at age 22. He’s a best-selling author with a powerful political and social message. You will recognize Amy Holmes from Fox News, CNN, MSNBC, and PBS. Born in Zambia and raised in Seattle, she served as the senior speechwriter to Senate Majority Leader Bill Frist and anchored programs for both The Blaze and MSNBC. This will be a can’t miss session. GADs Give Back is also in full swing. As of this writing, we have raised $6,405 towards our $10,000 goal. This year’s GADs Give Back recipient is the Philly First Home Program. Run by the Philadelphia Housing Development Corporation, Philly First helps first-time homebuyers achieve their homeownership dreams in Philadelphia. This program has assisted over 1,000 buyers since its inception, providing families and individuals with economic security and a pathway to intergenerational wealth. I encourage you to give and challenge you to talk to your state or local association about stepping up with an additional contribution. It’s great to see many of you have already participated. I can’t wait to see you all in a few short weeks for this great opportunity to learn, and of course, celebrate being part of one of the best damn government affairs operations in the entire country. Safe travels. See you all in Philly!

GADFly Newsletter – June 2022