September 28, 2018
NMHC/NAA Members Participate in HUD Listening Session
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NMHC/NAA members participated in HUD's inaugural listening session regarding the Housing Choice Voucher program (HCV) this week. NMHC/NAA have long-argued that the housing choice voucher program could be one of the nation’s most effective affordable housing and community development tools if the program’s various inefficiencies, onerous regulatory requirements, and flawed funding are addressed.

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NMHC Insider
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DATA SECURITY

The Senate Committee on Commerce, Science, and Transportation, held a hearing this week entitled “Examining Safeguards for Consumer Data Privacy,” which looked at issues surrounding consumer privacy and data security. 
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TAX REFORM

The House on September 28 passed legislation to permanently extend the individual and pass-through tax cuts enacted last year as part of tax reform.
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COMPENSATION AND BENEFITS

NMHC/NAA sent a comment letter supporting a proposed regulation to overturn the Obama-era Joint Employer Rule to the National Labor Relations Board (NLRB) on September 17.
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FINANCE AND CAPITAL MARKETS

Banking regulators issued a notice of proposed rulemaking on the treatment of High Volatility Commercial Real Estate (HVCRE) loans on September 18.
Upcoming Meetings
October 3 - 5 at the Hyatt Regency Huntington Beach Resort & Spa in Huntington Beach, CA
November 14 - 16 at Rosen Shingle Creek in Orlando, FL

NMHC PAC

NMHC Team Makes the Case for Student Housing with Lawmakers

The NMHC legislative team works to educate policymakers on the critical issues important to the student housing industry such as tax reform, housing finance and regulatory reform, and fair housing – just to name a few. In addition to NMHC’s strong advocacy initiatives, the NMHC PAC is an invaluable tool that helps complement NMHC’s strong advocacy initiatives in Washington. We are looking forward to seeing many of you next week at the NMHC Student Housing Conference.

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Hill Watch
Hearing: House Subcommittee on Financial Institutions and Consumer Credit - “Examining Opportunities for Financial Markets in the Digital Era"
Hearing: Senate Committee on Banking, Housing, and Urban Affairs - Implementation of the Economic Growth, Regulatory Relief, and Consumer Protection Act
Media Roundup
Taking the Measure of Benchmarking
Multi-Housing News
LIHTC’s New Lease on Life
Multi-Housing News
FHFA special advisor Simone Grimes details sexual harassment allegations against Mel Watt
HousingWire
The Scoop

NMHC IoT Webinar Recording Now Available to Members

The current state of the Internet of Things (IoT) in the multifamily industry ranges from just starting to explore to actively deploying. Based upon the recently released NMHC white paper, NMHC hosted a members-only webinar last week with presentations by top industry professionals to address questions related to this topic.  

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