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BUILD-PAC Fundraising Heading for a Record

BUILD-PAC, NAHB’s political action committee, reached a key milestone earlier this month when it surpassed $2 million in its fundraising efforts. That amount represents 71% of its $2.8 million goal for the 2003-2004 election cycle.

The mission of BUILD-PAC is to help elect pro-housing candidates to federal office and it is on pace to set an all-time record, reaching the $2 million mark nearly five months earlier than in the past election period.

“In this presidential election year and with control of both chambers of Congress hanging in the balance, November’s elections are very important for the home building industry,” said BUILD-PAC Chair Barbie Wickman-Byrd.

“Regulatory restructuring of Fannie Mae and Freddie Mac, tax policy, federal housing programs, smart growth, lumber tariffs and environmental quality are just a few of the major issues that loom large on the political landscape,” she said. “We’re not about electing Democrats or Republicans to Congress. Our job is to elect pro-housing candidates to Congress who support a pro-housing agenda.”

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In the 2001-2002 election cycle, BUILD-PAC ranked as the fifth largest business donor to Democratic candidates and sixth largest PAC donor to Republican candidates.

BUILD-PAC has a long track record of helping candidates win tight elections to federal office. During the last presidential election year, BUILD-PAC-supported candidates won 319 out of 348 races for the U.S. Senate and House of Representatives, for a success rate of 92%.

NAHB members can learn more about BUILD-PAC by calling 800-368-5242 x8470 or logging on to www.nahb.org and typing "BUILD-PAC" in the search box in the upper right hand corner.

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