News by Topic : Policy issues

  • 3/30/2020

    $2 Trillion Coronavirus Rescue Package Signed into Law

    The relief package includes a vast pool of grants and loans for small businesses, a large expansion of unemployment insurance, and new resources to help strained state, local, and tribal governments as they combat this pandemic.

  • 3/23/2020

    Fed and FHFA Act to Increase Liquidity in Mortgage Securities Market

    The Federal Reserve said today that it would significantly expand its purchases of mortgage backed securities, helping provide liquidity to the nation’s mortgage markets.
  • 3/23/2020

    Nareit Joins with Other Groups Asking the Treasury Department for Temporary Like Kind Exchange Relief

    Nareit is asking the Treasury Department to respond to the COVID-19 emergency as it has with past disasters.

  • 3/23/2020

    Congress Continues to Work on COVID-19 Economic/Health Care Relief Measure

    Senate negotiators and Treasury Secretary Steven Mnuchin have been working on an agreement that would help blunt the economic fallout of the coronavirus crisis.

  • 3/20/2020

    Hawaii State Legislature Suspended Indefinitely

    All committee hearings and floor sessions are also cancelled.
  • 3/19/2020

    Nareit Asks Treasury to Allow Public REITs to Use 90% Stock to Satisfy Their Distribution Requirement

    The IRS’ current guidance requires the mix of stock and cash to be 80%/20%.

  • 3/16/2020

    Hawaii House Committee Holds Hearing on SB 2697 SD1

    On Friday, March 13, the Hawaii House Committee on Economic Development and Business held a hearing regarding temporarily disallowing the REIT DPD.

  • 3/9/2020

    Hawaii Senate Passes Temporary Disallowance of REIT Dividends Paid Deduction

    SB 2697 would temporarily disallow the REIT DPD, except when 100% of a REIT’s real property is used to provide affordable housing in Hawaii.

  • 3/6/2020

    Welcome Reception for New Nareit Hawaii Office

    Attendees included member REITs, beneficiaries of Nareit Foundation grants for affordable housing, industry advocates, and policymakers.

  • 3/3/2020

    Nareit Backs Bipartisan Federal Legislation to Reduce Barriers to Affordable Housing in the United States

    The Yes in My Backyard Act encourages localities to eliminate discriminatory land use policies.