GRC PUSHES TWO ISSUES DURING DAY ON THE HILL The committee focused on eviction moratoriums and HOA oversight.
T
hink Realty’s Government Relations Committee (GRC) advocates on behalf of real estate investors, professionals,
on the Hill campaign, meeting with staff members from the offices of congresswomen Maxine Waters, current chairperson of the House Financial Services Committee, and Nydia Velazquez, chairperson of the Small Business Committee. Each meeting allowed GRC members to express concerns and build awareness for the real estate investment community, particularly for investors and housing providers. The group exchanged ideas and positions, and several GRC members were invited to share additional feedback and perspective. Future input from the Think Realty and AAPL committees on these issues was recognized to be beneficial for all stakeholders.
and associated service providers. This year the committee focused primarily on these two topics: eviction moratoriums and homeowners association (HOA) oversight. The committee paid particular attention to instances in which those in power exercised new or rarely utilized authority to exert control or limit powers of an individual or business. The committee was joined by members of the GRC from the American Association of Private Lenders (AAPL), an affiliated organization. Together, the committees participated in their annual Day
EVICTION MORATORIUM Representatives from Congresswoman Velazquez’ office were eager to hear feedback on the unintended consequences of the eviction moratoriums, particularly how they led to increased costs of housing for tenants. They quickly agreed and asked if there were other ways we could work together, particularly to support small businesses owners. They recognized that real estate investors are small business owners and agreed to discuss our interests in the future.
HOMEOWNER OVERSIGHT Representatives from Congresswoman Waters office were amenable to the challenges facing real estate professionals, particularly with what we felt was overreach on behalf of HOAs and their recent interest in restricting investors and housing providers from purchasing homes in certain neighborhoods. After several ideas were discussed, the representatives steered the conversation to housing vouchers, one of Representative Waters’ current priorities.
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