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News from HQ
IREM® leaders bring property management priorities to Washington, D.C.
IREM leaders traveled to D.C. on Sept. 15 to present to congressional staff about the current opportunities and challenges facing the industry during our annual Congressional Briefing. Staff from over 60 different offices attended the event looking for insights from managers in both commercial and residential management. Read IREM’s latest blog to learn more.
The work doesn’t stop here. In lieu of National Property Manager’s Day on Sept. 23, visit IREM’s Advocacy Action Center to participate in a nationwide call to action. Connect with your federal legislators to help promote the hard work, dedication, and impact that property managers have on the real estate industry and their communities.
Updated U.S. Chapter Legislative Contact description
The Legislative Contact acts as the liaison between the Chapter and state legislators, assisting with monitoring legislation and advocating for IREM’s policy priorities. Learn more.
Behind the credit: The power and challenges of LIHTC in today’s affordable housing market
Daniel Last, CPM® and member of the IREM Affordable Housing Advisory Council, published an article in JPM highlighting the importance of the Low-Income Housing Tax Credit (LIHTC) program—responsible for financing approximately 90% of all affordable housing developments in the U.S. This thoughtful article outlines the history, benefits, and growing financial and operational challenges of the program. Read more.
National Flood Insurance Program coalition letter
IREM, along with other coalition partners, recently sent a letter to Congressional leaders, urging them to extend the National Flood Insurance Program (NFIP) before its Sept. 30 expiration. A lapse would block millions of Americans from purchasing or renewing flood insurance policies required for federally backed mortgages, disrupt housing markets, and worsen existing pressures from rising insurance costs. Read more.
National news
HUD demanding immigration data on all tenants in public housing
Immigration Enforcement
Housing Crisis Demands Federal Intervention, Says Bloomberg
Housing Crisis
Study Shows Housing Crisis May Be Eroding NIMBYism
NIMBY
We’re the feds and we’re here to help (with your rent)
ROAD to Housing Act