The Real Estate Roundtable’s 2020 State of the Industry (SOI) Meeting this week in Washington featured discussions with policymakers and industry leaders on affordable housing solutions, economic development and job creation, infrastructure, tax regulations affecting CRE and other national issues.
Policy Issues & Featured Speakers
The SOI meeting included the following speakers:
Roundtable Policy Committees
SOI also included meetings of The Roundtable's policy advisory committees, which analyzed policy issues in detail with high-level congressional and agency staff.
Next on The Roundtable's FY2020 meeting calendar is the Spring Meeting on March 31 in Washington, DC. This meeting is restricted to Roundtable-level members only.
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House Democratic leaders on Jan. 29 released a five-year, $760 billion framework to improve the nation’s highways, bridges, transit and broadband as the Ways & Means (W&M) Committee held a hearing to consider how to pay for the plan. (Factsheet and Framework text)
The Trump Administration and Congressional Democrats have long touted a comprehensive infrastructure package as an area for bipartisan agreement. Senate Majority Leader Mitch McConnell recently stated that infrastructure policy could advance after the impeachment trial ends. (Roundtable Weekly, Jan. 24)
However, during this election year, prospects for a more modest infrastructure plan (compared to the expansive Democratic framework) are higher. The current Highway Trust Fund of approximately $226 billion – the main funding source for roads, bridges and transit – is set to expire on September 30, 2020. Shoring-up the HTF is expected to be the main focus of Congress and stakeholders for the rest of FY 2020. (Roundtable Weekly, Oct. 4)
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National Multifamily Housing Council (NMHC) President Doug Bibby – an industry leader for nearly two decades who has played a major role in advancing real estate’s policy agenda in Washington, DC – announced on Jan. 29 that he will depart the organization in 2021.
NMHC’s officers have engaged an executive search firm, Russell Reynolds Associates, and hope to introduce Bibby’s successor at its January 2021 Annual Meeting.
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