Increased Support for Economic Stimulus Bill
 The bill passed by the Senate Finance Committee on Jan. 30 included several components that are favorable for housing.
For example:
- An expansion of the Mortgage Revenue Bond program with a special
$10 billion allocation of bonds.
- A one-year extension of the new home energy efficiency tax credit.
- An expansion of the net operating loss tax deduction to five years for business losses incurred in 2006, 2007 and 2008.
Through grassroots channels, NAHB key contacts were urged to take a moment to call their U.S. Senators and urge them to support the Senate Finance Committee's economic stimulus package. For more information on NAHB's lobbying efforts regarding the stimulus package, contact Greg Brown, x8421.
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