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Government Affairs Digest - April 2020

Govn Affairs Digest

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News from HQ

Advocacy actions on COVID-19

The coronavirus pandemic has had far-reaching impacts on the business of property managers, owners, and management companies. To help mitigate some of the effects on our members and their businesses, IREM, along with other industry organizations, has been advocating for support and relief for the real estate industry.

Learn about IREM’s advocacy efforts related to COVID-19, including letters to Congress, calls-to-action, and more.

IREM continues to provide updates and create resources for property managers across the globe. For more information please visit irem.org/learning/coronavirus.

From the front lines: Small business relief

Ted Thurn, Director of Government Affairs for IREM, breaks down the latest government relief package, and provides guidance for those who’ve already applied for a loan.

Listen through SpotifyApple Podcasts

IREM Member Spotlight

From the front lines: Application of the CARES Act

Dawn Carpenter, CPM® and Eileen Wirth, CPM® dive into the impacts of the CARES Act to both commercial and workforce housing properties. Please continue to visit the IREM page dedicated to providing updates and resources to support real estate managers in making informed decisions during this time.

Listen through Spotify or Apple Podcasts.

NAR funding 2 months of telehealth access to members and affiliate members

The National Association of REALTORS® is supporting members, including affiliate members, by funding two months of Members TeleHealth as a benefit for those who do not currently have access to telemedicine. Members receive 24/7/365 access to MDLIVE, a network of over 2,300 U.S. state licensed and board-certified physicians who are professionally trained to provide treatment through smartphone, tablet, or computer. Enrollment is limited. Sign up by May 31.

National News

Trump signs $484 billion coronavirus relief package
Commercial & Residential – COVID-19

Broad coalition of mortgage industry and housing associations call for liquidity facility for servicers
Residential – COVID-19

Connecticut Governor Signs Executive Order Providing Residential Rent Protections During COVID-19 Emergency
Residential – COVID-19, Security Deposits

House Democrats Propose Pandemic Risk Insurance Program Modeled on TRIA; Senate Attempts to Break Stalemate on “Phase 4” Coronavirus Relief Package
Commercial & Residential – COVID-19 Aid: Phase IV

New IRS Measures Help Real Estate Firms Maximize CARES Act Tax Relief
Commercial & Residential – 1031 Like-kind exchange, Opportunity Zones

Roundtable Unveils 8-Point Plan to Improve the PPP; Roundtable Member Discusses Successful PPP Funding
Commercial & Residential – Small Business Loans, Payroll Protection 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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