Federal

House Passes Water Infrastructure Bill

June 15, 2018

A water infrastructure bill - H.R. 8, the Water Resources Development Act - easily passed the House on Wednesday, June 6, on a 408-2 vote. This legislation, known as WRDA, ensures the viability of the U.S. Army Corps of Engineers' Civil Works programs, including navigation, water resources management, recreation, infrastructure, flood control, mitigation and environmental stewardship. NAR supported passage of this legislation.

Projects funded by this legislation impact real estate and economic development, and help protect communities from natural disasters. Homeowners need clean and drinkable water, neighborhoods depend on the construction and maintenance of water management structures, the private sector depends on clear waterways and ports to receive and transport goods, and a healthy environment requires that we have the ability to clean and treat wastewater. WRDA authorizes and funds all of these critical projects.

A Senate WRDA bill passed out of the Environment and Public Works Committee last week but it remains unclear when this might come to the Senate floor for discussion.

About the PBOR Market Brief

The Paulding Board of REALTORS® (PBOR)  Market Brief is compiled by First Multiple Listing Service (FMLS). For more information on details of this month's report, please contact the Board at 770.866.1397.

*Each month, the numbers reported for the previous month are updated to reflect additional recordings.

About the Paulding Board of REALTORS®

The Paulding Board of REALTORS® (PBOR) has been an instrumental factor in the growth of real estate in Paulding County, Georgia for more than a decade. PBOR serves as a central source of information for its members, with mainly focusing on real estate education, the promotion of professionalism in the industry and representing REALTORS® members with legislative initiatives to create positive change for the real estate community.

About First Multiple Listing Service

First Multiple Listing Service (FMLS) is the premier data services provider for real estate professionals in Georgia. FMLS was founded in 1957 by a group of Brokers who wanted to share their listings and connect buyers and sellers.  Today FMLS is the largest MLS in Georgia & the 4th largest MLS in the United States, serving nearly 54,000 real estate Agents & Brokers.  For additional information or to start a discussion about how to partner with FMLS please contact join@fmls.com.

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