Good afternoon!
We received a package for Vince Roland today here in the office, if this is for you, feel free to come and pick it up anytime!
Thank you and have a great day!
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Good afternoon!
We received a package for Vince Roland today here in the office, if this is for you, feel free to come and pick it up anytime!
Thank you and have a great day!
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Morning – A few of you have inquired about the White House “Tenant-Centered Action Plan” that was released yesterday. Here is the information that NAR is publishing to the members that has more of the details and the REALTOR position on behalf of the 40% of NAR members who own rental property.
For more information keep an eye on the NAR Advocacy Rental Housing Resource Page for resources and updates.
This morning the White House released a "tenant-centered action plan," which is being framed as a response to reports of increasing rent and a way of furthering fair housing principles. You can read NAR's official statement by President Kenny Parcell here in response to the announcement. NAR, along with several housing provider industry partners, has been in conversation with the White House and other federal agencies since last spring discussing rental housing issues and offering assistance to resolve their root causes – rising inflation and the housing supply shortage, which has led to a tightening in the rental housing market. For more background on these discussions you can read this NAR Washington Report from last week (Friday, January 20) which provides the full context and our messaging in them. Throughout these conversations we have made clear our positions on these issues. Broadly, NAR has stated that:
For more specifics on this messaging, you can read this July 1 letter to the White House opposing the concept of a national "renters bill of rights," and this December 16 letter sent in response to discussions on "resident-centered property management practices."
While we are disappointed at the framing of this initiative by the White House, we are pleased that the most dangerous policy ideas they considered – such as rent control on GSE-backed rental properties and creating an arbitrary national notice-requirement for rent increases – were not included. At this point, the White House is focusing on research and studies on potential policies by the federal agencies that touch on housing. NAR will continue to engage the White House and those agencies as they do this work, and will continue to stress that the solutions lie in lowering inflation and increasing housing supply, not policies that will force housing providers – especially small, "mom-and-pops" – from the market.
We are committed to continuing our work with our coalition of housing providers – which includes the National Multifamily Housing Council, the National Apartment Association, the National Association of Home Builders, and the Mortgage Bankers Association – to push back against federal policies which intrude on the states' jurisdiction, impact the contracting power of housing providers, and will have overall negative consequences for rental housing providers. We are also committed to looking for proactive, non-prescriptive solutions for many of these issues, which is why we are partnering with IREM to produce resources for housing providers who wish to take voluntary action to assist their tenants. This will include information on available rental assistance, resources for participating in the Section 8 Housing Choice Voucher Program, alternative credit scoring options for applicants with little to no credit history, success stories of NAR grants utilized by state and local associations on rental housing issues, and personal accounts of business practices housing providers have used to give their residents more flexibility in their rental payments.
At least 40% of NAR's membership owns rental housing property, and we are committed to advocating on their behalf, and stopping policies which will interfere with their ability to run their businesses, and to providing them with the best tools and resources to help them do just that. As the White House moves ahead with this action plan, we will be in the room advocating for housing providers and for common-sense solutions that address the actual issues, not their symptoms.
Please let me know if you have any questions, and in the meantime stay tuned and keep an eye on the NAR Advocacy Rental Housing Resource Page for resources and updates.
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Erin K. Stackley, Esq.
Senior Policy Representative, Commercial Issues
National Association of REALTORS® I Washington, DC
202-383-1150
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On Friday, February 10th, RE/MAX will be having its 2022 Success Celebration at Harrah's Casino in Kansas City.
Use the form below to sign up if you are interested in carpooling, If we get enough people we will get the Van again – currently there are only 5 people interested and we would need at least 10 for it to make sense, so reserve your spots now and join in the fun !
https://forms.gle/h84LtcTSfNqbh4cd8
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If you HAVE NOT YET signed up for Floor Duty in February and would like to be added, please click on the link below…
https://forms.gle/BHsFcZ5JzoJVn69L6
Thank you,
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Website training with Holly Fogel begins TODAY from 10-12! Attached is the zoom link for today’s session. If you plan on watching it in the office we will have it set up in the staff meeting area!
Thanks!
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