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Weekly Report

Weekly Report for September 25, 2020

NYSAR Legislative Policy Forum Speakers announced for September 30
This year’s Legislative Policy Forum during NYSAR’s Virtual Fall Business Meetings will be held on Wednesday, September 30 at 10 a.m. and will feature guest speaker Joe Goode, CEO of American Strategies, a national research firm that conducts polling and provides strategic advice to a range of clients. American Strategies has worked closely with NYSAR and NAR on many state, local, and national campaigns. Zack Rubin-McCarry, Political Representative for NAR, and Mike Kelly, NYSAR Director of Government Affairs, will also be providing legislative and political updates.

Assembly Speaker Heastie comments on rent cancellation
New York State Assembly Speaker Carl Heastie addressed housing activists outside his office this week saying that he objected to the regulatory mechanism to cancel rent and that the burden of subsidizing the canceled rents should be borne by the federal government. Heastie also pointed out that just 10 percent of banks in New York are state-chartered banks, and the state might lack the power to suspend mortgage payments owed by landlords to those banks. Heastie tried to assure activists, however, that his chamber would not allow mass evictions. Read more here.

House passes spending bill, extends NFIP
The House of Representatives passed a bill Tuesday that would fund the federal government through December 11 and avoid a shutdown before a Sept. 30 deadline. The legislation now heads to the Senate for a possible vote. The stopgap measure would also avoid a lapse in funding for the National Flood Insurance Program (NFIP).  Read more here.

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