If you’re in real estate, politics is your business! GFWAR understands this and works to address the many legislative and political issues affecting its members on the local, state and national levels. Focusing its efforts on legislative issues, political affairs and raising money for the Texas Real Estate Political Action Committee (TREPAC), GFWAR is constantly working for its members to ensure the success of the real estate industry.

Legislative Issues
GFWAR monitors issues and informs the membership about legislative agendas that may require special attention from the REALTOR® community and works to mobilize members when needed. This collaborative grassroots effort effectively organizes and unifies the REALTOR® organization, ensuring the REALTOR® voice is heard.

Homebuyer Tax Credit Extended & Expanded:
The homebuyer tax credit has been extended for first time homebuyers and expanded to repeat home buyers. For more information, click here.

Short Sales Guidelines Issued by Treasury Department
On November 30, 2009, the Treasury Department released guidelines and forms for its new Home Affordable Foreclosure Alternatives Program (HAFA). For more information, click here.

Information on new City of Fort Worth Land Use Policy on land and neighborhoods surrounding the Naval Air Station / Joint Reserve Base
Representatives from the City of Fort Worth will present information on changes and potential changes to land use policy in the area surrounding the NAS/JRB, including existing neighborhoods such as Ridglea. If you are a REALTOR® that does business in the areas surrounding the base, this information will be beneficial and your feedback to staff on these policies is needed. The presentation will be held on Tuesday, February 16th at 3 p.m. in the GFWAR Auditorium. To RSVP, contact Ashley Otto, a.otto@gfwar.org, 817-336-5165 ext. 105.
 
Political Affairs
By interviewing candidates for local, state and national offices and recommending contributions to candidates who support REALTOR® interests, GFWAR works to put candidates in office who back private property rights and the real estate profession.
 
TREPAC
If you don't like new taxes...
...you're going to like new real estate taxes even less.
Every time our state is faced with a deficit, some Texas lawmakers look to the real estate industry to make up the difference. The last time, in 2003, legislators considered a new tax on services. It would extend the state sales tax to all services listed on HUD-1, including your commissions. This last session, more than 11 attempts were made to pass a real estate transfer tax. These transfer taxes raise the cost of purchasing homes, pricing some buyers out of the market. TREPAC dollars will help fight to keep taxes like these from becoming law.

Raising funds for TREPAC is a large part of the role GFWAR plays in its governmental endeavors. TREPAC is a voluntary, nonprofit organization that supports candidates for federal, state and local office who demonstrate the ideals for which the REALTOR® community stands. Funds are raised at the local level and dispersed through three separate political action committees, including:

• Fort Worth REALTORS® Political Action Committee (FORPAC) – local
• Texas Real Estate Political Action Committee (TREPAC) – state
• REALTORS® Political Action Committee (RPAC) – national

TREPAC Information

Spread the Word TREPAC