Every day elected officials make decisions that affect the apartment industry and the jobs it supports. From housing finance reform to tax policy to fair housing and energy and environmental regulations, policy choices made in Washington have a direct impact on how you operate your company and how successful you can be.
NMHC PAC is the premier fund aggressively pursuing the election and re-election of elected officials – on both sides of the aisle – who work to improve, preserve and promote the multifamily industry.
Read on to learn about this week’s Congressional spotlight, Congressman Richard Neal (D-MA-01).
Congressman Richard Neal (D-MA-01)
Chairman, House Ways & Means Committee
Congressman Richard Neal was first elected to the U.S. House of Representatives in 1988. Before his election to Congress, he served two terms as mayor of his hometown of Springfield, MA.
When the Democrats took control of Congress in January, Congressman Neal was named Chairman of the House Ways and Means Committee – often referred to as one of the more important Committees in Congress. Chairman Neal now oversees all legislation dealing with taxes and revenue, an important intersection for the multifamily industry.
NMHC has fostered a strong working relationship with Chairman Neal and his staff throughout his career in Congress. NMHC continues to pursue our legislative priorities before the Committee, including technical corrections to TCJA, expansion of the LIHTC program, tax incentives for energy efficient buildings, strategies to support infrastructure and repeal of FIRPTA.