CARW has been following and educating members on crowdfunding and commercial real estate. On June 16, the House Financial Services Committee approved H.R. 4854, the “Supporting America’s Innovators Act of 2016,” and H.R. 4855, the “Fix Crowdfunding Act,” both sponsored by Rep. Patrick McHenry (R-NC). If enacted, these bills would make changes to the regulations established by the JOBS Act of 2012, allowing for increased participation in and greater flow of capital through equity crowdfunding. NAR supports these measures and other laws and regulations that ensure an adequate flow of capital for real estate purposes. To read more on the issue and NAR’s letter to the Committe, click here.