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Government Affairs Digest - January 2021

Govn Affairs Digest

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News from HQ

2021 Advocacy Impact Day – Tuesday, March 9th 1pm – 3:30pm

IREM’s Advocacy Impact Day offers members an opportunity to learn about the issues affecting the real estate management industry, and how to meet with their federal legislators to advocate for meaningful change.

Here's a snapshot of what to expect:

  • Opening session
  • Two keynote speakers:
    • Todd Buchholz, Economist – Economic Forecast and How it Affects the Property Management Industry
    • Dr. Thomas Songer – The COVID-19 Pandemic: Challenges in 2021
  • How to virtually meet with legislators and their staff & what issues to discuss

Please feel free to share with your IREM colleagues so they can join this exciting and dynamic event!

More info/Register

Webinar: Recovery and Renewal From COVID 19 - a Housing Perspective

The recent COVID relief bill includes many provisions that will greatly impact HUD and local public housing agencies. Ted Thurn, Director of Government Affairs at IREM, and Shannon Longino, First Vice President with Truist Bank will explain the impacts of extending both the eviction moratorium and unemployment insurance in this informative webinar. Managers of federal and local assisted housing will learn how to work out payment plans and other creative rental assistance approaches during these times.

Register today

From the Front Lines: COVID Relief

Ted Thurn, Director of Government Affairs for IREM, discusses the latest federal coronavirus relief package.

Listen now

Letter from Real Estate group

On January 15th, IREM joined 11 other industry stakeholders in sending a letter to President Joe Biden congratulating him on his victory, expressing our support for COVID-19 relief that includes rental assistance, and outlining our concerns with continued eviction moratoria.

Read the letter

U.S. Treasury Issues Emergency Rental Assistance FAQs

On January 19th, the U.S. Department of the Treasury published a series of frequently asked questions to serve as guidance regarding the requirements of the Emergency Rental Assistance (ERA) program established by section 501 of Division N of the Consolidated Appropriations Act, 2021, Pub. L. No. 116-260 (Dec. 27, 2020) (the “Act”). These FAQ will be supplemented by additional guidance and FAQ on a rolling basis.

Read the FAQs

Contact IREM Government Affairs to Present at Your Chapter Meeting

The IREM Government Affairs Department would be happy to present at your next Chapter event! Over the past several months, the Government Affairs staff has presented at several Chapter events addressing issues important to the industry including: COVID relief; the CDC Eviction Moratorium and Rental Assistance. If you would like us to present at your next event, please contact us at: IREMLegislation@irem.org.

National News

Biden Signs Executive Order to Extend Eviction Moratorium. Is More Rent Relief Next?
Residential – Eviction moratorium

Media Statement from CDC Director Rochelle P. Walensky, MD, MPH, on Extending the Eviction Moratorium
Residential – Eviction moratorium

Joe Biden is President and the Democrats Control Congress. What Comes Next for CRE?
Commercial – Federal government

Treasury Department Finalizes Regulatory Projects on Carried Interest, Deductibility of Business Interest
Commercial – Taxes, Carried interest

Apartment Association of Greater Los Angeles Appeals Lower District Court’s Decision – Move Seeks Emergency Relief from the City’s Eviction Ban and Rent Freeze Moratoria
Residential – Evictions, Rent control

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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