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Government Affairs Digest - May 2021

Govn Affairs Digest

Federal Action Center

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News from HQ

Share your 1031 Exchange stories!

IREM and CCIM are partnering to collect member stories on the positive impact that 1031 like-kind exchanges have on our communities across the nation.   these stories will be shared with Congress to highlight how 1031 exchanges can help revitalize buildings and communities by creating jobs and increasing affordable housing. Watch this video to learn more and submit your story today.

Submit your story

IREM Submits letters to Senate and House Committees on Infrastructure

IREM, along with 16 other national real estate trade organizations, submitted statements to the two tax-writing committees in conjunction with their upcoming hearings on options for financing infrastructure investment.

Read the statement submitted to the Senate Committee on Finance
Read the statement submitted to the House Committee on Ways & Means

From the Front Lines: Rental Assistance Programs with Taryn Lewis, Director of Compliance, BH Management Services

Listen to this episode from IREM: From the Front Lines on Spotify. Taryn Lewis, Director of Compliance at BH Management Services shares how her organization is navigating rental assistance programs. (Spotify, Apple Podcasts)

For information about your states rental assistance programs, check out the NSHC Rental Assistance Map

2021 IREM® Virtual Chapter Leadership Retreat Recording

Cultivating longstanding relationships with state and local officials

Federal and state legislative officials are more likely to support positions that their constituents feel strongly about, which is why it is important for members to engage with their legislators any way they can whether it is virtually, phone, email, text, etc. Check out this recording for an overview of IREM’s tools and resources they can use to connect with elected officials. In addition, the IREM HQ team offer valuable information on how to: identify your elected officials; schedule a meeting; conduct a successful meeting; and some do’s and don’ts when you are conducting your meeting.

Affordable Housing

HUD to Resume Public Multifamily Housing Inspections in June

How One Developer Used Distressed Assets to Create Opportunities in Affordable Housing

National News

Biden Tax Proposals Could Mean Pain for Real Estate
Commercial & Residential – Tax

Landlords Say COVID Progress Warrants Lifting Eviction Ban
Residential – Eviction moratorium

IRS Guidance Brings Clarity to Opportunity Zone Compliance
Commercial – Opportunity Zones

Biden Wants to Offer More Housing Vouchers. Many Landlords Won’t Accept Them.
Residential – Housing vouchers

NFIP’s Failure Fuels New Risks
Commercial & Residential – National Flood Insurance Program

The Government Affairs Digest is distributed monthly to the IREM Executive Committee, Regional Vice Presidents, Chapter Presidents and Chapter Legislative Chairs, Legislative and Public Policy Committee, and the Federal Housing Advisory Board. Other IREM members who would like to receive the newsletter may opt-in at any time.

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