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Tag: legislative

2024 election

State Legislative Elections Affect Policy Outcomes

  • October 16, 2024
U.S. citizens will go to the polls on Nov. 5 to cast their votes in the 2024 election at each level of government. The outcome of this election may have an impact on the policies affecting commercial real estate, the economy, communities and families. At the state level, 44 states will hold elections for representatives within their state legislature. The significance of the outcomes of these state elections cannot be overlooked in setting policy for CRE.
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Nevada’s CRE Priorities: Federal Lands, Water, Electricity and Economic Diversification

  • October 9, 2024
Tray Abney, partner at the Abney Tauchen Group, led a discussion during NAIOP’s CRE.Converge in Las Vegas on the legislative and political landscape impacting commercial real estate development in Nevada. The session focused on the availability of land for commercial and residential development, viable water supply, increased electricity demand and the fall elections.
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Salt Lake City

NAIOP Hosts Mountain West Regional Summit

  • October 2, 2024
NAIOP hosted a regional summit last week in Salt Lake City for members from our Mountain West chapters to discuss the major challenges facing commercial real estate in the region. The summit provided members from Arizona, Colorado, Idaho, Nevada, New Mexico and Utah with an opportunity to have substantive and engaging discussions on major trends and other topics of importance to the industry.
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Federal Reserve

Federal Reserve Dials Back Basel III Endgame Regulation

  • September 18, 2024
On Sept. 10, the Federal Reserve’s  Vice Chair for Supervision Michael Barr announced that the central bank would be revising and re-proposing its bank-capital rules proposal commonly referred to as their Basel III Endgame Regulation. In a clear victory for NAIOP and real estate, Barr made clear in his speech that the Federal Reserve (Fed) would be scaling back the regulation.
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Construction workers

New Jersey Adopts Self-certification Program to Advance Development

  • September 4, 2024
A new self-certification program within New Jersey’s Department of Community Affairs will bring important reforms and consistencies to local permitting processes that will spur commercial and residential development throughout the state. NAIOP New Jersey was actively engaged in moving the bill establishing this program through the legislative process.
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Hawaii housing

A Milestone for Affordable Housing: NAIOP Hawaii’s First Authored Legislation Becomes State Law

  • August 21, 2024
In a historic achievement, NAIOP Hawaii's Government Affairs Committee has successfully seen its first authored piece of legislation become state law. Act 31, which creates a new Affordable Housing Credit program under Hawaii Revised Statute Section 201H-38, marks a significant milestone in the effort to address Hawaii’s pressing housing crisis. This innovative program aims to incentivize real estate developers to build more affordable housing, addressing the dire need for such units in the state.
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Sustainable building

Department of Energy Defines “Zero-Emissions Buildings”

  • August 7, 2024
In June the U.S. Department of Energy (DOE) released the National Definition of a Zero Emissions Building (ZEB). This definition is the result of DOE and White House listening sessions held over the past year to obtain stakeholder concerns and feedback. 
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Capitol building

Bipartisan Property Conversion Incentive Legislation Introduced

  • July 17, 2024
Just prior to leaving for this week’s congressional recess, Republicans and Democrats in Congress worked together to introduce bipartisan legislation furthering one of NAIOP’s top legislative priorities. The Revitalizing Downtowns and Main Streets Act (H.R. 9002) was introduced last Thursday with 12 original cosponsors – six Republicans and six Democrats, all members of the tax-writing House Ways and Means Committee.
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