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Government Affairs Digest - September 2023

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News from HQ

AID 2024 + ESG Summit: registration opens in less than 1 month

Registration for IREM’s 2024 Advocacy Impact Day + ESG Summit will open on October 25th. Advocacy Impact Day is expanding to include a full day of programming, which will cover one of the most significant issues affecting the property management industry – sustainability. Once registration opens, a block of rooms will be available at Washington Marriott Georgetown for $299 for February 26th and 27th.

If you would like further information about the event please go to the AID +ESG webpage.

IREM signs letter urging Congress to extend the National Flood Insurance Program

IREM, along with several other industry organizations, submitted a letter to Congress urging members to extend the National Flood Insurance Program (NFIP) before its September 30th expiration. Extending the NFIP would ensure this vital program does not lapse in the middle of hurricane season or create additional challenges for residential and commercial property owners, buyers, managers, renters, and tenants.

Read the full letter here.

Legislation introduced in Michigan would repeal the states rent control preemption act

On Sept. 7, 2023, state Representative Carrie Rheingans (D) introduced House Bill 4947 which would repeal the Michigan Public Act 226 of 1988. That Act stripped local governments of the right to control what’s referred to as “rent stabilization” and prohibited rent control.

Rep. Rheingans bill would restore the power of local government in Michigan to control and curb the amount of rent charged by landlords statewide. Read the full article here.

Opt-ed by NHMC president explains why national rent control will make the housing crisis worse

Sharon Wilson Géno, President of the National Multifamily Housing Council, penned an informative opt-ed for The Hill. which discussed the need to address the housing supply crisis through proven solutions and not rent control. Rent control would be disastrous at the national level, which is why 18 of the nation’s largest housing organizations representing rental housing providers sent a letter to the Federal Housing Financing Agency (FHFA). The letter highlights important reasons why rent control at the national level should be rejected.

National news

The Apartment Transparency Push: What Rental Platforms Are Doing and What It Means for Renters
Technology

Will the Supreme Court End Rent Control
Rent Control

Why America's housing crisis has hit a new inflection point
Affordable Housing

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