Public Affairs Update

Public Affairs Update…………………………………………………November 11, 2015

WE DID IT! 
We accomplished something pretty big in the November 3 election. 
First of all, three outstanding candidates won seats on the Boulder City Council: Bob Yates, Aaron Brockett, and Jan Burton. All three are strong, moderate voices with a commitment to being responsive to all of the city, rather than the few who have time to show up for Council meetings. We really couldn’t be happier with the results and we couldn’t have done it without you!
Here's how the Daily Camera wrote about it.
Second, we defeated the destructive Initiatives 300 and 301 by crushing margins (neither got even 40% of the vote). That means a serious overreaction to the city’s recent growth spurt has been averted, and we can focus on working through normal channels (City Council) to grow smart, and in the right places. Thank you for your vote!

  • WATCH: HUD Secretary and Realtor.com® Chief Economist Discuss Millennials and the National Wealth Gap in Town Hall Event

  • Fed Chair Yellen Hints at Possible December Rate Hike in Congressional Testimony

  • SEC Proposals May Affect Financing

  • House Committee Passes Bills Aimed at Increasing Accountability of Financial Regulation

  • G-Fees Removed from Transportation Funding Bill

  • Pizza & Public Affairs Wednesday, December 2, 2015 Noon to 1:00pm at BARA

  • In Case You Missed It

     

    WATCH: HUD Secretary and Realtor.com® Chief Economist Discuss Millennials and the National Wealth Gap in Town Hall Event
    Millennial decisions about homeownership will have significant impact on income inequality in the United States for generations to come, according to U.S. Secretary of Housing and Urban Development Julián Castro and realtor.com® Chief Economist Jonathan Smoke who participated in a town hall  before an online audience and graduate students at the George Washington University. Full video of the event, held on Oct. 26, is available online at realtor.com/townhall.  Moderated by The Wall Street Journal’s Economics Correspondent Nick Timiraos, Secretary Castro and Smoke addressed the economic trends that have impacted the homeownership prospects for millennials—once predicted to become a “generation of renters”—and the challenges that remain. Secretary Castro and Smoke also answered questions submitted by Twitter and Facebook users. [Source NAR Weekly]

     

    Fed Chair Yellen Hints at Possible December Rate Hike in Congressional Testimony

    Interest rates nearly took center stage in this banking testimony as Chair Yellen noted that the domestic economy is “pretty strong” and the “gradual rise in rates should not derail the housing market. Employment is going up, income is going up, households are in better shape to form households,” she explained. “If labor market improves, inflation will move up. December sounds incrementally more likely, but hinges on jobs reports.” READ MORE [Source: DSNews.com 11-05-2015]

     

    SEC Proposals May Affect Financing
    The Securities and Exchange Commission has announced its final vote on Title III of the JOBS Act, which will take effect Jan. 29, 2016. It also announced proposals to update two regulations that work with the JOBS Act that may affect real estate financing. [Source: NAR Weekly]

     

    House Committee Passes Bills Aimed at Increasing Accountability of Financial Regulators

    The bills were directed at improving transparency and accountability of the Financial Stability Oversight Council (FSOC), an agency created out of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010.
    READ MORE [Source: DSNews.com 11-05-2015]

     

    G-Fees Removed From Transportation Funding Bill

    One November 5, 2015 the U.S. House of Representatives voted, 354 to 72, to approve an amendment to remove the extended G-Fee (charged by Fannie Mae and Freddie Mac) from the highway bill. The amendment to HR 22 was sponsored by Congressmen Randy Neugebauer (R-TX) and Bill Huizenga (R-MI).  The main bill, H.R. 22, a 6-year, nearly $340 billion highway and transit bill passed by a vote of 354-72.The bill will now go to a House-Senate Conference. The early indications are that the Senate will agree to the House version.  NAR will continue the current Call for Action with modified language asking Members of Congress to support the House version of the bill. [Source: NAR Chief Lobbyist 11-05-2015] 

     

     

    Pizza & Public Affairs Wednesday, December 2, 2015 Noon to 1:00pm at BARA

    Guest Speakers

    Nadine Lee, RTD US 36 BRT Project Manager

  • Nadine will present on the Flatiron Flyer Opening January 3, 2016

    Kristi Estes/Sheryl Machado, CDOT/Ames/Granite

  • Kristi and Sheryl will present on the US 36 Express Lanes Project Completion Early 2016 with the latest commuter news updates

    Audrey De Barros, 36 Commuting Solutions Executive Director

  • Audrey will present what’s ahead for regional transportation (arterial BRT studies on 119, Colo. 7 and 287. And, US 36 final mile implementation, as well exploration of US 36 metro districts)

     

    Get up to speed with this timely presentation on travel changes ahead in the US36 Corridor! RSVP Today.

     

    In Case You Missed It