With Congress working feverishly to wrap up their work and leave for the August recess, NMHC’s senior legislative staff are busily reminding Members of Congress of the importance of the multifamily industry and how key policy and regulatory issues affect our industry.
On the PAC front, NMHC staff have participated in 350 fundraisers so far this year, delivering our support to lawmakers who have jurisdiction over issues such as tax reform, like-kind exchanges, housing finance reform, patent reform, energy policy and military housing.
NMHC PAC has disbursed $982,500 to date to these key lawmakers who consistently stand up for the apartment industry. For a list of disbursements, please click here.
PAC Chairman Bob DeWitt, and the entire Committee, set this year’s fundraising goal at $1.25 million. Thanks to your commitment and generous support, NMHC PAC has raised $836,956 from 831 employees from both 82 NMHC member firms and NMHC staff. Notably, there are several NMHC member firms that have increased their contributions by 20 percent or more over their 2014 levels:
- Collier International (214%)
- JLL (118%)
- Alliance Residential Company (115%)
- Fowler Property Acquisitions (105%)
- Demand Solutions (100%)
- Stiles Residential Group (100%)
- Continental Properties Company, Inc. (61%)
- Sterling American Property Inc. (25%)
- Haley Real Estate Group (20%)
Additionally, there are a number of firms contributing for the first-time:
- Acre Capital
- Entrepreneurial Properties Corporation
- Trinity Property Consultants
- Walden Residential Properties
Supporting NMHC PAC ensures that our industry has a voice in Washington on the important public policies that affect the industry’s bottom line. We look forward to seeing you at the NMHC Fall Board Meeting scheduled for September 15-17 at the Fairmont Hotel in Washington, DC. For those of you that have yet to make your contribution for the year, make sure you get it in prior to September 1 to receive recognition during the Board meeting.
To learn more about the PAC or if you have any questions, please contact Lisa Costello at email@example.com or via direct dial at 202-974-2325 or visit www.nmhc.org/pac for additional details.