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Government Affairs Digest - May 2025

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Register Now for 乐竞体育赛事直播® Virtual Town Hall on June 11

Get ready for an engaging, interactive experience where your voice matters! Register for the upcoming Virtual Town Hall where you’ll be able to connect directly with the policymakers shaping your community.

Please join our esteemed speakers:

  • Congressman Mark Alford (MO-4), who is a member of the Real Estate Caucus, and previously an owner of a small real estate business, will provide members updates on key issues, upcoming legislation, and his priorities.
  • Congressman Mike Lawler, who represents New York’s 17th Congressional District and is a cosponsor of the Choice in Affordable Housing Act (H.R. 1981), which would provide $500 million to create a Housing Partnership Fund.

Attendees will have an opportunity to ask questions, voice concerns, and learn about the legislators’ views on various issues affecting the industry. Learn more.

Important federal legislation to watch

Two important bills were recently introduced in the 119th Congress that every 乐竞体育赛事直播 member should know about.

Housing Supply Frameworks Act
The Housing Supply Frameworks Act will help localities break down barriers to affordable housing supply by helping communities modernize their zoning and land use regulations to encourage housing development, bring together stakeholders from across the spectrum to design these guidelines, and balance the need to build more housing to meet the need while streamlining processes to build more quickly and with fewer costs.

Revitalizing Downtowns and Main Streets Act
The legislation aims to address the U.S. housing affordability crisis by incentivizing the conversion of vacant or underutilized commercial buildings—such as offices and retail spaces—into residential housing, particularly affordable units. The credit amount for any taxable year would be equal to 20% of the qualified conversion expenditures with respect to a qualified converted building. This bill requires that during the 30-year period following conversion, no less than 20% of the residential units in the buildings is reserved for individuals with incomes at 80% or less of the area’s median income.

Introducing 乐竞体育赛事直播’s 2025 Property Management Week

乐竞体育赛事直播 is launching its first-ever Property Management Week! This exciting new event will take place Sept. 15 through 19. Anticipate a week full of fun and engaging virtual activities to help promote the hard work, dedication, and impact that property managers have on the real estate industry.

While 乐竞体育赛事直播 is in D.C. during Property Management Week advocating for our profession, members can help underscore the importance of the property management industry by participating in various activities including competing in social media, contacting their legislators through calls to action, and celebrating the industry’s contributions to real estate and housing.

乐竞体育赛事直播 to attend NAR legislative meeting

Later this month, 乐竞体育赛事直播 representatives will attend the REALTORS® Legislative Meetings in Washington, D.C. During the conference, thousands of members gather to conduct the business of NAR while advancing the real estate profession through powerful, impactful policy advocacy.

By attending these meetings, 乐竞体育赛事直播 maintains and strengths their partnership with NAR while ensuring the interests of property managers are well represented.

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