WASHINGTON, DC-An assault on Capitol Hill occurred yesterday as members of the US Conference of Mayors presented to Congress their program of housing needs. The 54 initiatives, crafted as part of the Conference’s National Housing Forum, focused on five key areas and included such points as a call for $250 million to modernize special-needs housing for seniors and HIV/AIDS patients. Also part of the package was the need for exit-tax relief for owners wishing to sell their affordable housing assets. The relief would come to those who sold to entities that maintain the properties’ affordable status. Congressional members on hand to receive the mayoral delegation included Sen. John Kerry (D-MA) and Rep. Bernard Sanders (I-VT).

Virtually all participants in the Tuesday preparatory sessions–when the initiatives were drafted–praised newly elected Conference president Tom Menino (Boston’s mayor), for pulling the session together on such short notice. He took the lead post in the organization only two weeks prior.

But GlobeSt.com asked Menino what he had planned in order to keep the momentum going once the proposals were out of his hands and on the sometimes slow-to-respond Congressional agenda. “Now we start an intensive lobbying effort,” he responded. “These proposals may not see the light of day for weeks or months or even sometime next year. It’s our intent to keep these issues on the front burner.”

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.