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November 14, 2014
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NMHC INSIDER
HILL WATCH
MEDIA ROUNDUP
THE SCOOP

Elections End, Gavels Race Begins

Copyright: zimmytws

Lawmakers returned to Capitol Hill for the lame-duck session on Wednesday. The grueling election cycle resulted in the new Republican majority in the Senate and double-digit seat gains for the GOP in the House.  So one of the first orders of business for Republicans was to begin the selection of colleagues who will lead both chambers, as well as hold the coveted gavels as committee chairs, in next year’s 114th Congress.

In the House, Republicans already had the majority before the elections, and Speaker John Boehner, R-OH, was selected by the House Republican Caucus this week for a third term.  Majority Leader Kevin McCarthy, R-CA, was also picked to stay on in his current role.

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NMHC Insider
TERRORISM INSURANCE
Legislative Fly-In Lobby Day on November 19 to Urge Action on Terrorism Insurance
Please join NMHC/NAA, along with our Coalition to Insure Against Terrorism partners, in a Legislative Fly-In Lobby Day on November 19 to urge Congress to renew the Terrorism Risk Insurance Act (TRIA) that expires on December 31.  TRIA has been the mechanism that provides ready access to affordable insurance – evidenced by the 91 percent of our members that purchase this coverage – making this a top multifamily legislative priority.
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BUDGET
Lawmakers Focus on Preventing Government Shutdown
The continuing resolution funding the federal government expires on December 11, which means passing a funding measure to prevent another disastrous government shutdown is a top priority for the lame-duck session that began this week.
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BUILDING CODES
New NMHC/NAA Toolkit Reviews Changes in 2015 Building Codes
NMHC/NAA have published two additional toolkits to our suite of popular building code resources. The toolkits focus on key changes between 2012 and 2015 to the International Code Council (ICC) code, including the International Building Code, the International Fire Code and more. Importantly, for the first time ever, we are recommending that, with just two exceptions, the codes be adopted without modification.
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CLEAN WATER ACT
EPA and Army Corps' Water Rule Results in Thousands of Comments
The deadline for comments on the Environmental Protection Agency (EPA) and Army Corps of Engineers’ proposed rule, that would expand the scope of waters subject to federal jurisdiction under the Clean Water Act, was today. The proposal received thousands of comments, including from state regulators who criticized the agencies for not working with them on the proposal, even though they are responsible for enforcing both federal and state water quality regulations.
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LEAD PAINT
EPA Delays Issuing Lead-Based Paint Rule
The Environmental Protection Agency (EPA) has announced that it will not meet the July 1, 2015 deadline for issuing its pending Renovation, Repair and Painting (RRP) rulemaking governing lead-based paint work practices in public and commercial buildings.  The announcement was made in a letter to a group of environmental organizations who had filed a suit against the agency for failing to develop a rulemaking as directed by the 1992 Lead-Based Paint Hazard Reduction Act.
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NET NEUTRALITY
Net Neutrality Debate Heats Up in Washington
Debate over federal laws for the Internet heated up on November 10 when President Obama urged the Federal Communications Commission (FCC) to implement “the strongest possible rules to protect net neutrality.” Republicans in Congress, returning to Washington with a new majority in the Senate and a stronger majority in the House, disagree with the President and will likely act to prevent the FCC from implementing a similar approach.
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IMMIGRATION
Tensions Escalate Between President and Congress on Immigration
Immigration is a notable driver of rental housing demand, and according to the Census Bureau’s American Community Survey, most new immigrants in the U.S. live in rental housing, and nearly one in five renter households is headed by an immigrant. This makes immigration reform a critical issue for the multifamily industry.  Now, after sweeping the majority in the Senate and making double-digit gains in the House during the mid-term elections, Republicans are moving full steam ahead in criticizing President Obama’s plan to use his executive power on reform.
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EMERGENCY PREPAREDNESS
New Emergency Preparedness Backgrounder Offers Guidance for Apartment Firms
NMHC has prepared a backgrounder that offers an outline of key components that apartment owners and managers should consider including in their emergency preparedness plans that can help limit workplace and property disruptions and preserve business stability.  While the document has a special focus on disasters involving disease-related situations, the primary components are relevant for a wide range of possible disaster situations, such as natural disasters, fires and terrorist attacks.
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Hill Watch
Senate Committee Hearing on "Tax Relief After a Disaster: How Individuals, Small Businesses and Communities Recover," Tues., Nov. 18, 2:30 p.m.
House Committee Hearing on "Update on the U.S. Public Health Response to the Ebola Outbreak," Tues., Nov. 18, 1 p.m.
Senate Committee Hearing on "The Federal Housing Finance Agency: Balancing Stability, Growth, and Affordability in the Mortgage Market," Wed., Nov. 19, 10 a.m.
Senate Committee Hearing on "Preparedness and Response to Public Health Threats: How Ready Are We?," Wed., Nov. 19, 10 a.m.
House Subcommittee Hearing on FCC Oversight; Net Neutrality Wed., Dec. 10, Time Still Pending
Media Roundup
Is HUD's Disparate Impact Rule Unconstitutionally Vague?
American Banker
Mitch McConnell Elected Senate Majority Leader
Huffington Post
Boehner Wins Third Term as House Speaker
USA Today
GOP Caucus Picks McCarthy for Full Term as Majority Leader
Roll Call
Senator Harry M. Reid Sees Dissent but Holds onto Democratic Leadership Role
Washington Post
Frank Lucas Drops Challenge to Jeb Hensarling
Politico
Hensarling: TRIA Reform Isn't Unpatriotic
The Hill
Could Immigration Cause Another Government Shutdown?
CNN
McConnell Rules Out Government Shutdown to Block Obama Immigration Moves
Washington Times
Tax Break Negotiations in 'Preliminary' Stage
The Hill
The Scoop

Price Reduced: Rent President Obama’s Old NYC Apartment

If you're in the market for a New York City apartment with a celebrity history, you're in luck.  President Obama's apartment from his days as a Columbia student is for rent.  The price was just reduced and it includes a framed picture of him standing in the apartment at the time. 

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