PAC Chairwoman, Sue Ansel, reports that fundraising is in full swing as we head into the second quarter of 2017. To date, the PAC has brought in $390,186 on the way to the $1.25 million goal this year. There will be much to discuss at the NMHC PAC Committee meeting next month in New York City during the NMHC Spring Board Meeting.
A mainstay of the PAC’s strength is the NMHC PAC Personal Dollar Initiative. This effort encourages NMHC executives to contribute directly to candidates at the federal level who are supportive of the apartment industry. The personal dollar events give NMHC members critical one-on-one time with key members of Congress to discuss issues that directly affect the multifamily industry.
This targeted effort is critical right now as Congress is in the midst of drafting legislative language that will directly impact the multifamily business, and the lives of millions of families across the nation. Among the key topics on the table currently are tax reform and GSE reform, housing for our military, energy-efficiency, and flood insurance.
The Initiative is officially being kicked off with Tom Bozzuto hosting a breakfast fundraiser on May 23 for the Chairman of the House Appropriations Committee, Rodney Frelinghuysen (R-11-NJ.) Frelinghuysen is a true ally of the real estate industry and the event will be an excellent opportunity to have meaningful discussion on tax reform, regulations, and the current state of the Congress on various issues.
Several other personal dollar events are on the books including, May 15 for Congressman Sean Duffy (R-WI) hosted by Jim Schloemer and on June 1st in Dallas Margette Hepfner and her husband Jim will host a fundraiser for Senate Majority Leader Mitch McConnell (R-KY.) Later this fall, industry leader, Clyde Holland will host a fundraiser event in support of Majority Leader McCarthy (R-CA.) Ultimately, these personal dollar events complement NMHC PAC’s work in Washington, DC.
A review of additional targeted members of Congress for the Personal Dollar Initiative will be held during May NMHC PAC Committee.
For questions about NMHC PAC or event information, please contact Lisa Costello, Vice President of Political Affairs, at 202-974-2325 or firstname.lastname@example.org.
Contributions to NMHC PAC are not deductible for federal income tax purposes. Contributions to NMHC PAC are voluntary. You may refuse to contribute without reprisal. Contributions to NMHC PAC will be used in connection with federal elections and are subject to the limitations and prohibitions of federal law. The proposed contribution amounts are merely suggestions; you may choose to contribute more or less or not at all. The maximum an individual may contribute is $5,000 per calendar year. Corporate and foreign national contributions are prohibited. Federal law requires political committees to use best efforts to obtain and report the name, mailing address, occupation and name of employer for each individual whose contributions aggregate in excess of $200 in a calendar year.