January 11, 2019
NMHC Proud to have Advocated on Behalf of the Multifamily Industry in 2018
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NMHC led the way for the apartment industry in 2018 in terms of thought leadership, industry advocacy and industry research. NMHC was proud to bring together multifamily leaders at NMHC’s various conferences and meetings. We thank each and every one of our members for their contributions, participation and support. As we kick off 2019, let’s take a look back at the key legislative and regulatory victories of 2018.

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GOVERNMENT SHUTDOWN

As the government shutdown nears its fourth week, many Americans are wondering just how long it will last. President Trump delivered an Oval Office address Tuesday night, followed by an address from House Speaker Pelosi (D-CA) and Senate Minority Leader Schumer (D-NY) on the shutdown. Unfortunately, there seems little likelihood of significant progress being made in the near term. 
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GSES AND HOUSING FINANCE REFORM

As previously reported, Mel Watt’s term as the director of the FHFA ended on January 6. Joseph Otting, currently the Comptroller of the Currency, will serve as acting director of the FHFA until a new director is confirmed.
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CAPITAL MARKETS AND LIQUIDITY

FHFA issued the 2019 Scorecard for Fannie Mae and Freddie Mac (GSEs) on December 19, 2018. The annually issued scorecard is used as a guide by the GSEs to provide a framework for their efforts and results throughout the coming year.
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CLEAN WATER ACT WETLANDS AND STORMWATER

A revised rule specifying the scope of federal jurisdiction under the Clean Water Act was proposed by the U.S. EPA and the Army Corps of Engineers on December 11. This marks the latest development in the definition of "Waters of the US" or WOTUS.
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LEAD BASED PAINT

The Federal Interagency Taskforce on Lead has issued an action plan to reduce lead exposure and the associated health impacts on children. The plan is intended to coordinate activities across 17 federal agencies and inform decisions about future regulations, grant funding and budget priorities.
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FLOOD INSURANCE

Flood Program Reauthorized Through May 31
Shortly before Congress broke for the holiday recess in late December, bipartisan agreement was reached on a bill that extended the National Flood Insurance Program (NFIP) until May 31, 2019.
Upcoming Meetings
2019 NMHC Annual Meeting
January 29 - 31 at the Manchester Grand Hyatt in San Diego, CA
2019 NMHC Apartment Strategies Outlook Conference
January 28 - 29 at the Manchester Grand Hyatt in San Diego, CA

NMHC PAC

NMHC PAC Looks Forward to 2019: Join Us at the Annual Meeting in San Diego

NMHC PAC Chairman David Schwartz and the PAC Committee are set to celebrate a strong year of fundraising in just a few weeks. NMHC PAC surpassed its 2018 fundraising goal, raising over $1.5 million and with a record 136 individuals donating the maximum amount of $5,000. The strong support of the NMHC PAC led to disbursements of over $2.76 million during the 2017/18 cycle and participation in over 257 congressional campaigns.

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Hill Watch
Hearing: Senate Judiciary Committee Hearing on Nomination of the Honorable William Pelham Barr to be Attorney General of the United States
Hearing: Hearing on the Nomination of Andrew Wheeler to be Administrator of the Environmental Protection Agency
Media Roundup
Outgoing HUD Deputy Secretary Pam Patenaude gives full support to Ginnie Mae’s Maren Kasper
HousingWire
Infographic: Proposed Revised Definition of WOTUS
EPA
The cascade of shutdown problems grows each week
Washington Post
The Scoop

NMHC is Proud to Announce that Kenny Emson Has Been Named as NMHC Chief Operating Officer

“I’m delighted to announce Kenny Emson will be taking on the Chief Operating Officer role,” said Doug Bibby, NMHC President. “Over the years Kenny has increasingly expanded his role and effectiveness in helping shape NMHC’s organization to meet the myriad challenges we face.”

Formerly NMHC’s Senior Vice President of Finance and Administration, Emson first joined NMHC in 2011 and has served NMHC and its members by broadening his purview and enhancing services to the membership. During his time at NMHC, Emson has overseen efforts that have led to an expanded membership, increased attendance at NMHC meetings and conferences and the development of a new, association-wide strategic plan.

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