Illinois senators meet with REALTOR® delegation on Capitol Hill

U.S. Sen. Dick Durbin laughs as he is introduced by Illinois REALTORS® Federal Political Coordinator Matt Ferrell at a meeting on Thursday. Both of the state’s senators met with REALTORS® in Washington, D.C. for legislative meetings. Photos: Jon Broadbooks

Illinois REALTORS® met the state’s U.S. senators in meetings on Thursday, a capstone to three days of meetings with elected officials on Capitol Hill.

U.S. Sen. Tammy Duckworth meets with Illinois REALTORS® on Thursday in the Hart Senate Office Building in Washington, D.C.

The Illinois delegation met with U.S. Sen. Dick Durbin, in a meeting held in the Hart Senate Office Building. Durbin talked about prospects for tax reform, and listened as association members made the case for protecting private property rights.

Durbin was introduced by Illinois REALTORS® President Doug Carpenter and Federal Political Coordinator Matt Ferrell.

Later Thursday, REALTORS® met with U.S. Sen. Tammy Duckworth, who heard about the need to protect the Mortgage Interest Deduction and the 1031 Like-Kind Exchange tax provision.

Duckworth was introduced by Treasurer-nominee Ed Neaves and Federal Political Coordinator Nancy Suvarnamani. 

 

Downs named recipient of NAR’s prestigious Magel Award

Ginger Downs, CEO of Chicago Association of REALTORS® with Gary L. Clayton, CEO of Illinois REALTORS®. Downs was named the recipient of the William R. Magel Award on Wednesday in Washington, D.C.. Clayton is a former Magel Award recipient.

Chicago Association of REALTORS® CEO Ginger Downs is the recipient of the 2017 William R. Magel Award, honoring her for excellence as an association executive.

The announcement was made at the annual Midyear Legislative Meetings & Trade Expo held this week in Washington, D.C.

Downs, RCE, CAE, CIPS, IOM, became CAR’s CEO in 2005, and had previously worked in association management in in the Seattle area. In Chicago she has served on the board of the Chicagoland Chamber of Commerce, and was president of ALL Chicago in 2014.

A 2012 chair of the NAR Association Executives Committee, Downs is a Golden R investor in the REALTORS® Political Action Committee.

The Magel award is named after a longtime association executive who was to have helped lead the National Association of REALTORS®, but died just before taking office as executive vice president.

Illinois REALTORS® CEO Gary L. Clayton is a recipient of the award, as is Terry Penza, former association executive at the North Shore-Barrington Association of REALTORS®.

 

Two REALTORS® doing double-duty in DC

Suvarnamani

Silvano

Illinois REALTORS® Vicky Silvano and Nancy Suvarnamani are asking legislators on Capitol Hill to support the rights of property owners and real estate professionals this week on behalf of the National Association of REALTORS® (NAR) and Asian Real Estate Association of America (AREAA).

They are in Washington, D.C., during the NAR Midyear Legislative Meetings & Expo.

 

While NAR is working hard on the home mortgage interest deduction, the 1031 exchange, flood insurance and government sponsored enterprise (GSE) reform issues, AREAA is on the Hill discussing student loan impacts on mortgage lending, language barriers, reform for the uniform loan application and credit scoring. Together, these two organizations are carrying the message that homeownership and access to capital and cultural barriers to homeownership are both important issues that members of Congress need to be aware of as they make decisions on matters of policy.

U.S. Rep. Judy Chu of California’s 27th District was a speaker at the AREAA Policy Town Hall and stated that “the real estate industry is so important and a favorite for her to meet with since they are most in tune with their communities.” Chu will see the first-hand impact of the collective efforts of both groups.

In some cases, Suvarnamani and Silvano are facilitating conversations that need to take place on these important issues. Suvarnamani, the NAR Federal Political Coordinator to U.S. Sen. Tammy Duckworth of Illinois, is visiting the senator to discuss the AREAA issues and then participating in the Illinois REALTORS® town hall meeting for Duckworth and U.S. Senator Dick Durbin of Illinois.

Chicago-area REALTORS® meet with newest member of Illinois congressional delegation

Illinois REALTORS® led by Federal Political Coordinator Bob Dohn meet with Raja Krishnamoorthi as part of REALTOR® Visits to Capitol Hill. Photo: Jon Broadbooks

Illinois REALTORS® told U.S. Rep. Raja Krishnamoorthi that protecting the Mortgage Interest Deduction was critical to helping the real estate industry and the economy.

The REALTOR® delegation comprised of members in his Chicago-area district met with Krishnamoorthi on Capitol Hill Wednesday morning, part of a series of meetings with Illinois congressional representatives scheduled today and Thursday.

Federal Political Coordinator Bob Dohn led the discussion, which touched on the need to renew federal flood insurance protections and the 1031 Like-Kind Exchange, which allows for reinvestment in real estate.

 

Hill visits begin in earnest; REALTORS® advocate for property rights

Illinois REALTORS® meet with U.S. Rep. Darin LaHood, R-Ill., as part of Capitol Hill visits on Wednesday, May 17, 2017. Photo: Jon Broadbooks

Illinois REALTORS® began fanning out across Capitol Hill this morning as part of several days of meetings with the state’s congressional delegation.

Federal Political Coordinator Pat McCarthy makes a point to U.S. Rep. Darin LaHood during a meeting on Capitol Hill.

REALTORS® are in Washington, D.C., as part of the annual Midyear Legislative Meetings & Trade Expo in Washington, D.C. The first meeting of the day was with U.S. Rep. Darin LaHood, R-Ill., who met for breakfast with a delegation of REALTORS® from his central Illinois district.

Federal Political Coordinator Pat McCarthy led a discussion on flood insurance, noting that renewing the national program by the time it expires at the end of September is critical for the real estate industry.

McCarthy noted if the insurance program was to expire many home sales in the state would be affected. Additionally, it is important to keep rates affordable for homeowners who are in flood zones, he said.