AIMS Update: NAA/NMHC Testify On Multifamily Job Creation In U.S. House Of Representatives | National Apartment Association

AIMS Update: NAA/NMHC Testify On Multifamily Job Creation In U.S. House Of Representatives

 

 

 
National Multi Housing Council | AIMS Update
National Multi Housing Council | AIMS Update
June 11, 2013
NAA/NMHC JOINT LEGISLATIVE NEWS
NAA/NMHC Testify on Multifamily Job Creation in U.S. House of Representatives
Postal Service Initiates Mail Delivery Changes
New NAA/NMHC White Paper to Offer Information on Music Licensing Issues
Local Housing Authorities Continue to Deal with Budget Cuts Affecting Section 8 Programs
Lawmakers Begin to Sketch Out Proposals for Mortgage Finance Reform
NAA NEWS
Look Who's Joining Us at the NAA Advocacy Lounge!
NAA/NMHC JOINT LEGISLATIVE NEWS
NAA/NMHC Testify on Multifamily Job Creation in U.S. House of Representatives

Highlighting the economic strength of the apartment industry in front of Congress, NMHC Chairman Tom Bozzuto, also chairman and CEO of The Bozzuto Group, represented NAA/NMHC before the House Energy and Commerce subcommittee during the June 4 hearing, “Our Nation of Builders: Home Economics.”

His testimony focused on many of the takeaways from the NAA/NMHC-commissioned report, The Trillion Dollar Apartment Industry, and drew the connection between job creation, manufacturing and multifamily development by showcasing some interesting facts related to his company’s new $72 million apartment community under construction in Baltimore’s Union Wharf. For example, the building required enough concrete to fill 240 swimming pools, lumber to span about 331 miles and drywall to cover more than 42 football fields.

The full testimony is available.

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Postal Service Initiates Mail Delivery Changes

As part of an effort to reduce delivery costs, some local postmasters have advised apartment owners and managers in some states that mail deliveries to new addresses, including apartment communities, will be made to outdoor “cluster box units” (CBUs) instead of traditional mailboxes inside the apartment building. The notices indicate the postal service also plans to deliver packages to secure parcel lockers instead of locations such as leasing offices and concierge desks for residents to retrieve them.

These notices indicate that the local postmasters have authority to initiate delivery changes through the United States Postal Service (USPS) Postal Operations Manual; however, USPS says it is not currently planning forced conversions to centralized delivery for properties with established service. USPS says it will purchase and install CBUs without charge for apartment communities currently receiving regular delivery, if they voluntarily request centralized delivery service.

NAA/NMHC have requested clarification from USPS on its delivery policies for apartment communities and the process to appeal delivery decisions.

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New NAA/NMHC White Paper to Offer Information on Music Licensing Issues

Performing rights organizations (PROs) have contacted a number of NAA/NMHC members regarding music played in common areas at apartment communities.

These PROs contend that apartment communities must obtain licenses for certain uses of copyrighted music in leasing offices, fitness centers, pools and other common areas, depending on the media (i.e., CD, DVD, Internet streaming, live performance, etc.) and equipment used (i.e., radio, television, computer, mobile device, etc.). Other factors, such as the square footage of the area, the number and/or size of speakers and screens and method through which the music is obtained (cable, satellite or other service provider), also contribute to whether licenses are needed.

Three major PROs — SESAC, Inc., Broadcast Music, Inc. (BMI) and the American Society of Composers, Authors and Publishers (ASCAP) — sell these license agreements to businesses, each representing different copyright owners and only licensing the material of those they represent.

Given the complexity of the issue and the compliance hurdles, NAA/NMHC have commissioned a members-only white paper that will provide information about how the U.S. Copyright Act and relevant legal precedent may apply to apartment communities.

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Local Housing Authorities Continue to Deal with Budget Cuts Affecting Section 8 Programs

Efforts to manage the effects of recent budget cuts resulting from the sequestration could affect apartment owners and managers who participate in the Section 8 program.  

Local housing authorities are exploring a number of options to manage the cuts, including adjusting payment standards, renegotiating existing Housing Assistance Payment (HAP) contracts and, in some cases, cancelling voucher assistance.

NAA/NMHC have heard reports of some public housing authorities overstepping their authority to impose rent reductions.  To help affected members navigate this situation, NAA/NMHC have prepared a guidance document outlining steps apartment firms should take if they are contacted by their housing authority regarding a proposed modification to an existing HAP contract.

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Lawmakers Begin to Sketch Out Proposals for Mortgage Finance Reform

Movement is underway to possibly begin a serious effort at housing finance reform in Congress.

On the Senate side,Senator Johnny Isakson (R-Ga.) reintroduced a bill (S. 1048) on May 24 that would transition the system away from a government guarantee of a mortgage or mortgage-backed security; the measure does not specifically address multifamily lending.

Senators Mark Warner (D-Va.) and Bob Corker (R-Tenn.) currently are drafting legislation that sources say would establish a single government entity in place of government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, to purchase and securitize mortgages with a partial government guarantee. The current multifamily lending programs, while consolidated, would continue to operate with little modification. Notably, the bill also would generate funds for affordable housing by imposing a fee on all mortgages.

On the House side, Financial Services Committee Chairman Jeb Hensarling (R-Texas) is still in the process of examining GSE reform options. Representatives John Campbell (R-Ga.) and Gary Peters (D-Mich.) began work on a bill similar to Senators Warner and Corker’s draft legislation.

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NAA NEWS
Look Who's Joining Us at the NAA Advocacy Lounge!

Get your picture taken with President and Mrs. Obama with the Oval Office in the background! Your photo op with cardboard cutouts of the President and First Lady will be one of many activities in the NAA Advocacy Lounge from Tuesday through Friday at the NAA Education Conference. The lounge will be located in the San Diego Convention Center lobby adjacent to the conference registration area.

Since education is the key to being an effective advocate for the apartment industry, the NAA Advocacy Lounge will be THE place to be! Join us to:

  • Learn how the new public relations campaign website – www.WeAreApartments.org – can be your “go-to” place for building the case for apartments in your community. The site navigates users through an interactive experience showing how communities grow stronger through apartment jobs, dollars and residents. The site also features an interactive map of apartment information for all 50 states along with a one-of-a-kind calculator to determine the potential economic contribution of any apartment development to a particular state.
  • Find out about the new PR campaign which includes print, digital and radio ads that have been running in Politico and major Washington, D.C.-based news radio stations. NAA affiliated associations and member companies are encouraged to use the campaign in their communities.
  • Advocate for the industry at the Legislative Action Center. Use the economic impact data from www.WeAreApartments.org to tell your Senators how apartments strengthen the economy in your state.
  • Be one of the first 500 people at the NAA Advocacy Lounge to send a letter to your Senators and you can receive a flashing LED bracelet that identifies you as an “Apartment Advocate.”
  • Win an original painting by Erik Wahl masterpiece. Guess the number of pennies in the jar in this Wahl to Wall Advocacy campaign and you could win your own painting. The winner will be announced at the NAA Assembly of Delegates meeting. Thank you to Azuma Leasing for donating this masterpiece!
  • Contribute to the iDonate to iWin iRaffle. Join your peers as an apartment industry advocate for your chance to win an Apple suite of products valued at $1,500. Your contribution to the NAAPAC or the NAA Better Government Fund makes you eligible to win. Envelopes will be available at Thursday’s General Session and dropped off at the NAA Advocacy Lounge. The winner will be announced at Saturday’s NAA Awards Celebration with Bert Jacobs. You do not need to be present to win. Thank you to Valet Waste for this great opportunity!

We hope to see you there!

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AIMS

AIMS is the apartment industry's grassroots network operating under NAA and NMHC's Joint Legislative Program. AIMS represents more than 58,000 multifamily housing advocates.

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