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March 24, 2017
NMHC Officers Meet with Congressional Leaders
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In mid-March NMHC members and officers visited Washington, D.C. for a series of important meetings with key policymakers on both sides of the aisle and both ends of Pennsylvania Avenue to discuss the nuances of tax reform with members and the economic significance of the apartment industry. 

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Multifamily Leaders Discuss GSE Reform, NFIP Reauthorization with Congress

In mid-March NMHC officers and members met with top members of Congress to discuss GSE reform and the reauthorization of the National Flood Insurance Program (NFIP), among other importance policy issues. 

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NMHC Insider
The Latest from Washington
In what’s becoming a pattern during the first 100 days of the Trump administration, this was another tumultuous couple of weeks in Washington. the White House has released its 2017 budget, hearings on the confirmation of Judge Gorsuch have kicked off and Capitol Hill has been focused almost exclusively on the passage of the American Health Care Act (AHCA) – the replacement for Obamacare. 
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NATIONAL FLOOD INSURANCE PROGRAM
Industry Makes the Case for Multifamily at Hill Flood Roundtable
NMHC/NAA participated in a flood insurance policy roundtable earlier this week convened by Ranking Member Emmanuel Cleaver (D-MO) of the Housing & Insurance Subcommittee in the House Financial Services Committee, about the future of the National Flood Insurance Program (NFIP) and its needed reauthorization. NMHC/NAA was joined by representatives of numerous other real estate trade groups, insurance industry advocates, lenders and several key Capitol Hill staffers.
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MAIL AND PACKAGE DELIVERY
USPS Financial Woes Could Upend Traditional Deliveries
Tasked with saving the United States Postal Service (USPS)from insolvency, Congress is considering a cost-savings measure that may have a significant impact on the apartment industry.  As previously reported, this would come in the form of mandated centralized delivery in place of door-to-door delivery for existing and future apartments. While USPS policy already favors centralized mail delivery for new addresses, current efforts leave open the possibility that existing addresses will be required to convert to centralized delivery. 
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NATIONAL FLOOD INSURANCE PROGRAM
Rental/Developer Coalition Calls for End to Costly Flood Resiliency Standard
NMHC/NAA joined a coalition of eight national trade associations this week representing HUD’s industry partners from the affordable single family and multifamily industries in sending a letter to Secretary Ben Carson expressing deep concerns about an HUD’s proposed rule from during the Obama Administration, which is designed to increase disaster preparedness and flood resiliency of federally funded buildings and projects. 
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Take a Look at NMHC's Recent Meetings
During last week’s meetings with Congressional leaders NMHC members and officers argued on behalf on the industry on issues such as tax reform, housing finance and the reauthorization of the National Flood Insurance Program. Take a look.
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UPCOMING FORUM
Two Days Dedicated to Multifamily Research
The 2017 NMHC Research Forum is just weeks away, taking place this year on April 5-6 in Plano, Texas. Register today this two-day, members-only event that targets the nation's leading apartment researchers, providing data-driven business intelligence on critical issues facing the industry. 
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Upcoming Meetings

2017 Pacific Coast Builders Conference, June 28-29 in San Diego

NMHC PAC
Mark Your Calendar for NMHC PAC Conference Call
NMHC PAC Chairwoman Sue Ansel will host the first NMHC PAC conference call of 2017. Our special guest will be tax expert, journalist and television commentator, Jeff Birnbaum.
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Hill Watch
Senate Commerce, Science and Transportation Committee hearing on closing the skills gap and boosting United States competitiveness on Wed. March 29 at 10:00 AM
Senate Banking, Housing and Urban Affairs Committee hearing on Fostering Economic Growth: The Role of Financial Companies on Tue. March 28 at 9:30 AM
House Financial Services Committee on The State of Bank Lending in America on Tue. March 28 at 2:00 PM
Media Roundup
The U.S. Apartment Boom, Measured in Construction Cranes
Wall Street Journal
Tax-Credit Bills to Benefit Affordable Housing
Scotsman Guide
Renters Now Rule Half of U.S. Cities
Bloomberg
FHFA: Home Price Increase Halts for Second Time Since 2012
Housing Wire
Regulatory Rollback May Impact Bottom Lines, Companies Warn
Bloomberg
Key House Lawmaker: Dodd-Frank Overhaul Remains a 2017 Priority
Reuters
High Stakes: The Fate of Tax Reform May Depend on the Obamacare Vote
CNBC
Trump Administration Starts From Scratch on Fannie, Freddie Reform
Housing Wire
Former HUD Senior Advisor Richard Green: Here Are the Issues With Trump's Budget
Housing Wire
HUD Cuts, Tax Reform Might Put a Dent in Construction of New Affordable Housing
NREI
Pence Aide Says 'Principles' for GSE Reform Likely in Coming Months
Morning Consult
The Scoop

History of the Cherry Blossom Trees and Festival

Each year, the National Cherry Blossom Festival commemorates the 1912 gift of 3,000 cherry trees from Mayor Yukio Ozaki of Tokyo to the city of Washington, DC. The gift and annual celebration honor the lasting friendship between the United States and Japan and the continued close relationship between the two countries.

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