Louisiana Associations Recognized for Excellence in Advocacy
LOUISIANA REALTORS • February 13, 2019
Each year the National Association of REALTORS® awards the Triple Crown and the President’s Cup to the Associations around the country who dedicate time and effort to achieving REALTOR® Party goals. Many local associations step up to the plate and make these goals happen.
Louisiana REALTORS® wants to recognize the Local Associations in our state and commend all the hardworking PAT members for their efforts. Out of 436 local associations, we had 6 recognized as Triple Crown. In order to receive Triple Crown, you must meet or exceed National RPAC fundraising goals and participation. And out of 224 Local Associations, we had 6 recognized for President’s Cup. In order to qualify for President’s Cup, there must be a response rate of 20% or more on NAR Calls for Action.
Louisiana REALTORS® overall was recognized for achieving the President’s Cup for the 5th year in a row!
Louisiana REALTORS® CEO Norman Morris issued the following statement after SpaceX announced plans to invest $100 billion in a new launch facility in Vermilion Parish. The project is expected to create 3,000 direct jobs and more than 8,100 indirect jobs across Acadiana. “SpaceX’s investment is an extraordinary economic win for Louisiana. We congratulate Governor Jeff Landry, Louisiana Economic Development Secretary Susan Bourgeois, Vermilion Parish leaders, and everyone who helped bring this historic project home. The housing and infrastructure improvements needed to support more than 11,000 new job opportunities should generate a huge economic boost to the Acadiana and Gulf Coast region. According to the National Association of REALTORS®, each typical Louisiana home sale generates approximately $88,600 in economic activity. Even if only half of the new SpaceX related jobs lead to a home purchase, the impact would generate nearly half a billion dollars across our state's economy. That improves our tax base and school systems, and ripples through our economy touching builders, bankers, hardware stores, appliance dealers, contractors and so many more. “Housing is not downstream of economic development; it is an essential infrastructure. Louisiana REALTORS® and our partners stand ready to help turn these new jobs into homes, stronger communities and lasting roots in Louisiana. Economic development creates jobs, but housing turns those jobs into homes. Let’s make Louisiana home again, together.” Economic-impact estimates are illustrative calculations by Louisiana REALTORS® using employment projections from Louisiana Economic Development and the National Association of REALTORS®’ estimated economic impact per typical Louisiana home sale. They are not forecasts or recurring annual-impact figures. Enjoy the video below from the Louisiana Department of Economic Development .
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