NAR Welcomes New Leadership Of House Financial Services Committee

Pat Vredevoogd Combs, president of the National Association of Realtors® , today congratulated Representatives Barney Frank (D-Mass.) and Spencer Bachus (R-Ala.) on their leadership assignments to the House Financial Services Committee.

NAR looks forward to working with Chairman Frank and Ranking Member Bachus on housing and homeownership issues in the 110th Congress.  Both Mr. Frank and Mr. Bachus have a long history of support and understanding of our public policy issues.

Their support, concern and action regarding the housing problems in the Gulf region after hurricane Katrina's devastation is just one of the many ways they have demonstrated their understanding not only of the real estate industry but also the important role of housing to people's sense of community.

We are particularly pleased that Chairman Frank has made affordable housing a top priority for the committee. Both the chairman and the ranking member have shown a keen interest in and understanding of the importance of a vibrant housing market to the economy and to local communities. As America's leading advocate for homeownership, affordable housing and private property rights, NAR and its 1.3 million members are pleased to welcome Representatives Frank and Bachus to their leadership positions.

by National Association of Realtors