Legislative Pulse 12-26-12

The CAA Legislative Pulse is a monthly newsletter designed to keep Charleston Apartment Association members abreast of topical political news impacting the industry.  The CAA Legislative Pulse is released to members the fourth Tuesday of each month.

S.C. Apartment Association Legislative Day  

February 27, 2013

SC Statehouse 

Join us in Columbia this February!  This is our opportunity for key leaders to see and meet the faces of our industry, which speaks volumes and resonates throughout the year as vital industry issues are discussed.  We invite all CAA industry allies to join us.  The more Charleston faces in attendance the more we'll leave a lasting impact.

Overview:  A legislative program and overview of current legislation affecting the multi-family housing industry will begin at 9:30am followed by a luncheon with legislators at the State House.  The day will conclude by 3pm.

Registration Information:  The cost is $35 per attendee (includes registration & materials, refreshments and lunch).  Registration begins at 9am, with the meeting commencing at 9:30am.  Confirmation of registration, map/directions and a detailed agenda will be emailed to registrants prior to the event. Expect registration information to follow in the coming weeks.  Click here for the flyer in PDF format.  

 

NAA Capitol Conference

March 10 - 13, 2013  

Washington, DC

NAA's Capitol Conference is the apartment industry's one opportunity each year to tell Congress how its actions impact NAA's 60,000 members.  The conference theme for 2013 is "Make an Investment in Advocacy" and will feature events including nationally known speakers, a legislative briefing, networking and a newcomers' orientation.  In response to feedback, the conference will offer twice as many advocacy education sessions compared to years past. 

The conference will also aim to arm attendees with a new economic impact report demonstrating to Congress on Lobby Day just how the apartment industry has remained a positive economic force despite the recession and how its size and scope build thriving communities everywhere.  The report is part of a major NAA public relations campaign launching in early 2013 which includes many new advocacy resources for affiliates.   Conference registration will be available soon and posted on NAA's website. 

 The Future of Fannie, Freddie, and Multifamily Housing Finance

Fannie Mae and Freddie Mac, the government-sponsored enterprises (GSEs), played a crucial counter-cyclical role during the recession providing liquidity when private capital sources largely scaled back.  The current state of the GSEs, which hold or guarantee about 35 percent of multifamily mortgages in this country, in government conservatorship is unique and requires a long-term policy solution.   

 

In response to greater focus on housing finance reform in 2013, the Mortgage Bankers Association's GSE Multifamily Task Force developed "Ensuring Liquidity and Stability:  The Future of Multifamily Housing Finance and the Government-Sponsored Enterprises," a white paper detailing proposed framework targeted to attract greater private capital while providing for a government-backed insurance program to ensure the market has access to liquidity in all market conditions.  Visit here for more details.  

*Source:  Multi Family Executive