Policies that encourage homeownership, keep insurance rates at affordable levels, and boost property values are vital for millions of working families. That’s why I support the North Carolina Homeowners Alliance.
It’s common sense. Fair insurance rates, tax policies that encourage homeownership, and community investments that preserve our state’s history are important to the property owners of North Carolina. I strongly urge my legislators to:
- Protect the mortgage interest tax deduction, one of the biggest and most important boosts to working families across the state. I’m counting on legislators to oppose any effort to repeal or reduce this vital deduction that our families depend on.
- Support greater consumer protection for homeowners in the insurance ratemaking process. The process by which our rates are set should be fair and transparent. Insurance companies shouldn't be allowed to circumvent the legal process and force property owners to pay higher premiums through Consent to Rate letters.
- Restore the Historic Preservation Tax Credit. This credit breathes new economic life into distressed areas, raises property values, and preserves our local communities’ heritage while bringing jobs and investment to our state.
These issues are vital to homeowners and to our communities. That's why I am urging legislators to support North Carolina Homeowners Alliance in 2015.