Tenant Income Verification Relief Act of 2015

Balanced Housing Policy Section 8 Reform Project -Based Voucher Programs Federal Affordable Housing Programs Federal Affordable Housing Energy Savings Programs H. R. 233, the Tenant Income Verification Relief Act of 2015 all provisions Fair Housing/Disparate Impact Rural Housing Issues National Defense Authorization Act (NDAA) for Fiscal Year 2017 (Personnel, Family Housing) Military Housing Privatization Initiative / Basic Allowance for Housing H.R. 1491- Partnership to Strengthen Homeownership Act Housing Finance Proposals HUD Final Rule: Implementation of the Fair Housing Acts Discrimination Effects Federal Affordable Housing Programs HUD Fair Market Rents/Small Area Fair Rent Issues HUD: Commented on HUD Using Small Area Fair Market Rent proposal in Housing Choice Voucher Program Rental Assistance Demonstration Program FHA Multifamily Programs GSE Reform: Proposals to ensure liquidity in multifamily mortgage market in a post Fannie Mae / Freddie Mac environment FY 2017 Housing Appropriations - House and Senate: -Continuing Resolution/H.R.5325 - Continuing Appropriations and Military Construction, Veterans Affairs, and Related Agencies Appropriations Act, 2017, and Zika Response and Preparedness Act Commerce, Justice, Science and Related Agencies Appropriations Transportation, Housing, and Urban Development, and Related Agencies Act Appropriations Department of Defense Appropriations Agriculture Appropriations bill, Rural Housing Service (RHS), Housing issues, Appropriations Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations - Appropriations for HOME Investment Partnerships (HOME) program funding as it relates to the Low Income Housing Tax Credit Program - Cybersecurity Act of 2015 Omnibus, all provisions (the Act) FY2017Budget House and Senate: -Funding for the U.S. Census Bureau- Census/American Community Survey -Funding for the U.S. Bureau of Labor Statistics-data on labor, employment, American productivity statistics and information on economy and workforce funding - Funding for Housing - Transportation Housing Urban Development -HUD: Fair Market Rents -P.L. 114-201/H.R. 3700/S. 3083, the Housing Opportunity Through Modernization Act of 2015, all provisions - Rural Housing Issues: United States Department of Agriculture (USDA) Rural Housing Rental Assistance Agreements related to the funding. - HUD: Affirmatively Furthering Fair Housing - H.R. 2997, Private Investment in Housing Act, all provisions - H.R. 2243, the Equity in Government Compensation Act of 2015, all provisions -S. 2038, Jumpstart GSE Reform Act, all provisions -Proposals to expand the availability of affordable and workforce housing -S. 2006 the Regulatory Accountability Act of 2015 -Reviewed proposals for the sharing economy H.R.2205/S.961 - Data Security Act of 2015, all provisions H.R. 3765, ADA Education and Reform Act of 2015 S. 3446, ADA Education and Reform Act of 2016 HUD: Guidance for Public Housing Agencies (PHAs) and Owners of Federally-Assisted Housing on Excluding the Use of Arrest Records in Housing Decisions HUD: Section 8 Policy Renewal Guidebook FEMA/HUD: Reducing Flood Risk to Residential Buildings That Cannot Be Elevated FEMA P-1037 / September 2015 FHFA: Federal Housing Finance Agency (FHFA) 2016 Scorecard multifamily FHFA: Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Macs regulator Duty to Serve guidance S. 1484, Financial Regulatory Improvement Act of 2015, Title VII- Taxpayer Protections and Market Access for Mortgage Finance, provisions relating to multifamily housing finance. HUD: Bed Bug Policy House Financial Services Committee: H.R. 2901, the Flood Insurance Market Parity and Modernization Act Commented on House Financial Services Committee Luetkemeyer Draft Flood Insurance Proposal HUD: Federal Housing Administration (FHA) multifamily mortgage insurance rates in order to spur the financing of affordable housing and energy-efficient apartments. HUD: Median zip code rents HUD: Limited English Proficiency Commented on the Senate Appropriations, Subcommittee on Transportation, Housing and Urban Development, and Related Agencies hearing entitled Housing Vulnerable Families and Individuals: Is There a Better Way? HUD: Guidance on Application of Fair Housing Act Standards to the Enforcement of Local Nuisance and Crime-Free Housing Ordinances Against Victims of Domestic Violence, Other Crime Victims, and Others Who Require Police or Emergency Services HUD: Violence Against Women Act Final Rule HUD: Quid Pro Quo and Hostile Environment Harassment and Liability for Discriminatory Housing Practices under the Fair Housing Act. S.3219, Housing Accountability Act of 2016, all provisions Davis Bacon Reform as related to the Department of Housing and Urban Development on the Department of Labor Land Use/Infrastructure Trump Administration transition issues associated with all aspects of multifamily housing

Client expense: $652,000 · Firm income: Not reported

Government targets: Army, Dept of (Corps of Engineers), Environmental Protection Agency (EPA), Federal Communications Commission (FCC), Federal Emergency Management Agency (FEMA), Federal Reserve System, HOUSE OF REPRESENTATIVES, Homeland Security, Dept of (DHS), Housing & Urban Development, Dept of (HUD), Office of Management & Budget (OMB), SENATE, Small Business Administration (SBA), Treasury, Dept of, U.S. Postal Service (USPS)

Department of Veterans Affairs appropriations and its delivery of benefits and services to veterans, their dependents and survivors: HR 6107, HR 6062, HR 5985, HR 5620, HR 5325, HR 5286, HR 5229, HR 5190, HR 5176, HR 5083, HR 4974, HR 4837, HR 4782, HR 4640, HR 4352, HR 4134, HR 4080, HR 4063, HR 3989, HR 3972, HR 3970, HR 3960, HR 3936, HR 3471, HR 3365, HR 3328, HR 2915, HR 2894, HR 2577, HR 2460, HR 2264, HR 2054, HR 1969, HR 1948, HR 1911, HR 1899, HR 1818, HR 1755, HR 1694, HR 1681, HR 1628, HR 1607, HR 1603, HR 1594, HR 1581, HR 1575, HR 1569, HR 1532, HR 1496, HR 1414, HR 1379, HR 1369, HR 1356, HR 1331, HR 1319, HR 1313, HR 1292, HR 1170, HR 1096, HR 1055, HR 969, HR 800, HR 681, HR 675, HR 627, HR 593, HR 517, HR 474, HR 444, HR 423, HR 421, HR 366, HR 356, HR 344, HR 341, HR 333, HR 303, HR 271, HR 270, HR 233, HR 203, HR 190, HR 145, S 3357, S 3328, S 3170, S 2921, S 2919, S 2806, S 2772, S 2527, S 2487, S 2473, S 2279, S 2251, S 2210, S 2120, S 1885, S 1731, S 1641, S 1493, S 1208, S 1203, S 1085, S 979, S 901, S 865, S 841, S 739, S 717, S 715, S 714, S 684, S 681, S 666, S 657, S 570, S 471, S 469, S 453, S 425, S 398, S 296, S 271, S 242, S 241, S 223, S 216, S 167

Client expense: $175,000 · Firm income: Not reported

Balanced Housing Policy Section 8 Reform Project -Based Voucher Programs Federal Affordable Housing Programs Federal Affordable Housing Energy Savings Programs H. R. 233, the Tenant Income Verification Relief Act of 2015 all provisions Fair Housing/Disparate Impact Rural Housing Issues National Defense Authorization Act (NDAA) for Fiscal Year 2017 (Personnel, Family Housing) Military Housing Privatization Initiative / Basic Allowance for Housing H.R. 1491- Partnership to Strengthen Homeownership Act Housing Finance Proposals HUD Final Rule: Implementation of the Fair Housing Acts Discrimination Effects Federal Affordable Housing Programs HUD Fair Market Rents/Small Area Fair Rent Issues HUD Multifamily Transformation Initiative HUD Small Multifamily Building Programs Rental Assistance Demonstration Program FHA Multifamily Programs GSE Reform: Proposals to ensure liquidity in multifamily mortgage market in a post Fannie Mae / Freddie Mac environment FY 2017 Housing Appropriations - House and Senate: -Continuing Resolution/H.R.5325 - Continuing Appropriations and Military Construction, Veterans Affairs, and Related Agencies Appropriations Act, 2017, and Zika Response and Preparedness Act Commerce, Justice, Science and Related Agencies Appropriations Transportation, Housing, and Urban Development, and Related Agencies Act Appropriations Department of Defense Appropriations Agriculture Appropriations bill, Rural Housing Service (RHS), Housing issues, Appropriations Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations - Appropriations for HOME Investment Partnerships (HOME) program funding as it relates to the Low Income Housing Tax Credit Program - Cybersecurity Act of 2015 Omnibus, all provisions (the Act) FY2017Budget House and Senate: -Funding for the U.S. Census Bureau- Census/American Community Survey -Funding for the U.S. Bureau of Labor Statistics-data on labor, employment, American productivity statistics and information on economy and workforce funding - Funding for Housing - Transportation Housing Urban Development -HUD: Fair Market Rents -P.L. 114-201/H.R. 3700/S. 3083, the Housing Opportunity Through Modernization Act of 2015, all provisions - Rural Housing Issues: United States Department of Agriculture (USDA) Rural Housing Rental Assistance Agreements related to the funding. Section 521 issues - HUD: Affirmatively Furthering Fair Housing - H.R. 2997, Private Investment in Housing Act, all provisions - FHFA Comments: Commented on the Federal Housing Finance Agency (FHFA) multifamily production cap on the Government-Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac - H.R. 2243, the Equity in Government Compensation Act of 2015, all provisions -S. 2038, Jumpstart GSE Reform Act, all provisions -Proposals to expand the availability of affordable and workforce housing -S. 2006 the Regulatory Accountability Act of 2015 -Reviewed proposals for the sharing economy H.R.2205/S.961 - Data Security Act of 2015, all provisions H.R. 3765, ADA Education and Reform Act of 2015 HUD: Guidance for Public Housing Agencies (PHAs) and Owners of Federally-Assisted Housing on Excluding the Use of Arrest Records in Housing Decisions HUD: Section 8 Policy Renewal Guidebook FEMA/HUD: Reducing Flood Risk to Residential Buildings That Cannot Be Elevated FEMA P-1037 / September 2015 FHFA: Federal Housing Finance Agency (FHFA) 2016 Scorecard multifamily FHFA: Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Macs regulator Duty to Serve guidance S. 1484, Financial Regulatory Improvement Act of 2015, Title VII- Taxpayer Protections and Market Access for Mortgage Finance, provisions relating to multifamily housing finance. HUD: Bed Bug Policy House Financial Services Committee: H.R. 2901, the Flood Insurance Market Parity and Modernization Act HUD: Federal Housing Administration (FHA) multifamily mortgage insurance rates in order to spur the financing of affordable housing and energy-efficient apartments. HUD: Median zip code rents HUD: Limited English Proficiency Commented on the Senate Appropriations, Subcommittee on Transportation, Housing and Urban Development, and Related Agencies hearing entitled Housing Vulnerable Families and Individuals: Is There a Better Way? Submitted a statement for the House Budget Committee, hearing on Restoring the Trust for Families and Working-Age Americans. HUD: Guidance on Application of Fair Housing Act Standards to the Enforcement of Local Nuisance and Crime-Free Housing Ordinances Against Victims of Domestic Violence, Other Crime Victims, and Others Who Require Police or Emergency Services HUD: Quid Pro Quo and Hostile Environment Harassment and Liability for Discriminatory Housing Practices under the Fair Housing Act. S.3219, Housing Accountability Act of 2016, all provisions

H.R. 101, Home Foreclosure Reduction Act of 2015 H.R. 189, Service member Foreclosure Protections Extension Act of 2015 H.R. 190, Making Service member Foreclosure Protections Permanent Act H.R. 233, Tenant Income Verification Relief Act of 2015 H.R. 574, To prohibit contributions by Fannie Mae and Freddie Mac to the Housing Trust Fund and the Capital Market Fund while such enterprises are in conservatorship or receivership, and for other purposes H.R. 576, To amend the definition of "homeless person" under the McKinney-Vento Homeless Assistance Act to include certain homeless children and youth, and for other purposes H.R. 1001, To amend the Internal Revenue Code of 1986 to terminate certain energy tax subsidies and lower the corporate income tax rate H.R. 1297, To amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act to provide assistance for housing cooperatives damaged by a major disaster, to provide relief to homeowners affected by major disasters who have mortgages insured by the FHA or owned or guaranteed by Fannie Mae or Freddie Mac, and for other purposes H.R. 1354, Permanently Protecting Tenants at Foreclosure Act of 2015 H.R. 1491, Partnership to Strengthen Homeownership Act of 2015 H.R. 1577, Fannie Mae and Freddie Mac Transparency Act of 2015 S. 65, Moving to Work Charter Program Act of 2015 S. 256, Homeless Children and Youth Act of 2015 S. 351, A bill to prevent homeowners from being forced to pay taxes on forgiven mortgage loan debt S. 495, A bill to revoke the charters for the Federal National Mortgage Corporation and the Federal Home Loan Mortgage Corporation upon resolution of their obligations, to create a new Mortgage Finance Agency for the securitization of single family and multifamily mortgages, and for other purposes S. 730, Permanently Protecting Tenants at Foreclosure Act of 2015 S.752, A bill to establish a scorekeeping rule to ensure that increases in guarantee fees of Fannie Mae and Freddie Mac shall not be used to offset provisions that increase the deficit

National Housing Trust Fund HR1662 - Common Sense Housing Investment Act of 2015 HOME and Section 8 Funds HR2029 - Consolidated Appropriations Act, 2016 HR2577 - Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2016 S2844 - Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2016 Employer-Assisted Housing HR480 - Housing America's Workforce Act Manufactured Housing HR650 - Preserving Access to Manufactured Housing Act of 2015 S682 - Preserving Access to Manufactured Housing Act of 2015 Rural Housing Provisions HR1259 - Helping Expand Lending Practices in Rural Communities Act HR2029 - Consolidated Appropriations Act, 2016 HR3700 - Housing Opportunity Through Modernization Act of 2016 HR __ - FY 2016 Agriculture Appropriations Bill HR__ - FY 2017 Agriculture Appropriations Bill S871 - HELP Rural Communities Act of 2015 S3083 - Housing Opportunity Through Modernization Act of 2016 Fair Value Accounting SConRes11 - An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2016 and setting forth the appropriate budgetary levels for fiscal years 2017 through 2025. HConRes27 - Establishing the budget for the United States Government for fiscal year 2016 and setting forth appropriate budgetary levels for fiscal years 2017 through 2025 Federal Assisted Housing Programs HR233 - Tenant Income Verification Relief Act of 2015 HR3700 - Housing Opportunity Through Modernization Act of 2016 S3083 - Housing Opportunity Through Modernization Act of 2016 FHA Programs HR123 - FHA Alternative Credit Pilot Program Reauthorization Act of 2015 HR3700 - Housing Opportunities Through Modernization Act S3083 - Housing Opportunity Through Modernization Act of 2016 Service Members Foreclosure Relieft S2393 - Foreclosure Relief and Extension for Servicemembers Act of 2015 Veterans Housing Programs HR3016 - Veterans Employment, Education, and Healthcare Improvement Act Homeowners Armed with Knowledge (HAWK) Program S2844 - Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2017 HUD Condominium Rules HR3700 - Housing Opportunity Through Modernization Act of 2016 S3083 - Housing Opportunity Through Modernization Act of 2016 Conversations with the Department of Housing and Urban Development (HUD) on FHA, septic tanks, HUD homes, FHA handbook, condominium rules, Sec. 8, and FHA fees. Discussions with US Department of Agriculture (USDA) on the 502 loan program, multifamily programs, and direct endorsements. Discussions with the Department of Veterans Affairs (VA) on the VA Home Loan guarantee program and appraiser timetables. Discussions with the Federal Housing Administration in HUD about mortgage insurance premiums.

Department of Veterans Affairs appropriations and its delivery of benefits and services to veterans, their dependents and survivors: HR 6062, HR 5985, HR 5620, HR 5325, HR 5286, HR 5229, HR 5190, HR 5176, HR 5083, HR 4974, HR 4837, HR 4782, HR 4640, HR 4352, HR 4134, HR 4080, HR 4063, HR 3989, HR 3972, HR 3970, HR 3960, HR 3936, HR 3471, HR 3365, HR 3328, HR 2915, HR 2894, HR 2577, HR 2460, HR 2264, HR 2054, HR 1969, HR 1948, HR 1911, HR 1899, HR 1818, HR 1755, HR 1694, HR 1681, HR 1628, HR 1607, HR 1603, HR 1594, HR 1581, HR 1575, HR 1569, HR 1532, HR 1496, HR 1414, HR 1379, HR 1369, HR 1356, HR 1331, HR 1319, HR 1313, HR 1292, HR 1170, HR 1096, HR 1055, HR 969, HR 800, HR 681, HR 675, HR 627, HR 593, HR 517, HR 474, HR 444, HR 423, HR 421, HR 366, HR 356, HR 344, HR 341, HR 333, HR 303, HR 271, HR 270, HR 233, HR 203, HR 190, HR 145, S 3357, S 3328, S 3170, S 2921, S 2919, S 2806, S 2772, S 2527, S 2487, S 2473, S 2279, S 2251, S 2210, S 2120, S 1885, S 1731, S 1641, S 1493, S 1208, S 1203, S 1085, S 979, S 901, S 865, S 841, S 739, S 717, S 715, S 714, S 684, S 681, S 666, S 657, S 570, S 471, S 469, S 453, S 425, S 398, S 296, S 271, S 242, S 241, S 223, S 216, S 167

Client expense: $175,000 · Firm income: Not reported

Department of Veterans Affairs appropriations and its delivery of benefits and services to veterans, their dependents and survivors: HR 5190, HR 5176, HR 5083, HR 4974, HR 4837, HR 4782, HR 4640, HR 4352, HR 4134, HR 4080, HR 4063, HR 3989, HR 3972, HR 3970, HR 3936, HR 3365, HR 2915, HR 2894, HR 2460, HR 2264, HR 2054, HR 1969, HR 1948, HR 1911, HR 1899, HR 1818, HR 1755, HR 1694, HR 1681, HR 1628, HR 1607, HR 1603, HR 1594, HR 1581, HR 1575, HR 1569, HR 1532, HR 1496, HR 1414, HR 1379, HR 1369, HR 1356, HR 1331, HR 1319, HR 1313, HR 1292, HR 1170, HR 1096, HR 1055, HR 969, HR 800, HR 681, HR 675, HR 627, HR 517, HR 474, HR 444, HR 421, HR 366, HR 356, HR 344, HR 341, HR 333, HR 303, HR 270, HR 233, HR 203, HR 190, HR 145, S 2919, S 2806, S 2772, S 2527, S 2487, S 2473, S 2279, S 2251, S 2210, S 2120, S 1641, S 1208, S 1203, S 1493 S 1085, S 979, S 901, S 865, S 841, S 739, S 717, S 715, S 714, S 684, S 681, S 666, S 657, S 570, S 471, S 469, S 453, S 425, S 398, S 296, S 271, S 242, S 241, S 223, S 216, S 167

Client expense: $195,000 · Firm income: Not reported

Balanced Housing Policy Section 8 Reform Project -Based Voucher Programs Federal Affordable Housing Programs Federal Affordable Housing Energy Savings Programs H. R. 233, the Tenant Income Verification Relief Act of 2015 all provisions Fair Housing/Disparate Impact Rural Housing Issues H.R. 4909 and S. 2945 National Defense Authorization Act (NDAA) for Fiscal Year 2017 (Personnel, Family Housing) H.R. 5540, Military Infrastructure Consolidation and Efficiency Act of 2016 FAA One Engine Inoperative Policy H.R. 4441, Aviation Innovation, Reform and Reauthorization Act of 2016 (FAA Reauthorization Act) H.R.365, To direct the Secretary of Transportation to conduct a notice and comment rulemaking before implementing certain policies relating to obstruction evaluation aeronautical studies, and for other purposes. H.R. 1491- Partnership to Strengthen Homeownership Act Housing Finance Proposals House Financial Services Proposal Financial Creating Hope and Opportunity for Investors, Consumers and Entrepreneurs (CHOICE) Act. HUD Final Rule: Implementation of the Fair Housing Acts Discrimination Effects HUD Fair Market Rents/Small Area Fair Rent Issues HUD Notice: Small Area Fair Market Rents, Establishing a More Effective Fair Market Rent System; Using Small Area Fair Market Rents in Housing Choice Voucher Program Instead of the Current 50th Percentile FMRs HUD Notice: Narrowing the Digital Divide Through Installation of Broadband Infrastructure in HUD-Funded New Construction and Substantial Rehabilitation of Multifamily Rental Housing HUD Fiscal Year 20165 Area Median Income Limits (AMIs) HUD Multifamily Transformation Initiative HUD Small Multifamily Building Programs Rental Assistance Demonstration Program FHA Multifamily Programs GSE Reform: Proposals to ensure liquidity in multifamily mortgage market in a post Fannie Mae / Freddie Mac environment FY 2017 Housing Appropriations - House and Senate: Commerce, Justice, Science and Related Agencies Appropriations Transportation, Housing, and Urban Development, and Related Agencies Act Appropriations Department of Defense Appropriations Military Construction and Veterans Affairs and Related Agencies Appropriations Agriculture Appropriations bill, Rural Housing Service (RHS), Housing issues, Appropriations Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations - Appropriations for HOME Investment Partnerships (HOME) program funding as it relates to the Low Income Housing Tax Credit Program - Cybersecurity Act of 2015 Omnibus, all provisions (the Act) FY2017Budget House and Senate: - Funding for the U.S. Census Bureau- Census/American Community Survey -F unding for the U.S. Bureau of Labor Statistics-data on labor, employment, American productivity statistics and information on economy and workforce funding - Funding for the U.S. Geological Survey Funding for mapping. Is this FEMA money? - Funding for Housing - Transportation Housing Urban Development - HUD: Fair Market Rents - H.R. 3700, the Housing Opportunity Through Modernization Act of 2015, all provisions - S. 3083, The Housing Opportunity Through Modernization Act, all provisions - Rural Housing Issues: United States Department of Agriculture (USDA) Rural Housing Rental Assistance Agreements related to the funding. Section 521 issues - HUD: Affirmatively Furthering Fair Housing - FHFA Comments: Commented on the Federal Housing Finance Agency (FHFA) multifamily production cap on the Government-Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac -S. 2038, Jumpstart GSE Reform Act, all provisions -Proposals to expand the availability of affordable and workforce housing Portman - This bill amends the Administrative Procedure Act to revise requirements for federal agency rulemaking by requiring agencies, in making a rule, to consider: (1) the legal authority under which a rule may be proposed, including whether rulemaking is required by statute or is within the discretion of the agency; (2) the nature and significance of the problem the agency intends to address with a rule; (3) whether existing federal laws or rules have created or contributed to the problem; (4) reasonable alternatives for a new rule; and (5) for any major rule or high-impact rule (generally defined as rules having an annual cost to the economy of $100 million or $1 billion or more, respectively), the potential costs and benefits associated with potential alternative rules. -Reviewed proposals for the sharing economy H.R.2205/S.961 - Data Security Act of 2015, all provisions H.R. 3765, ADA Education and Reform Act of 2015 SEC: Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing of a Proposed Rule Change To Amend FINRA Rule 4210 (Margin Requirements) To Establish Margin Requirements for the TBA Market FEMA/HUD: Reducing Flood Risk to Residential Buildings That Cannot Be Elevated FEMA P-1037 / September 2015 FHFA: Federal Housing Finance Agency (FHFA) 2016 Scorecard multifamily FHFA: Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Macs regulator Duty to Serve guidance HUD: Bed Bug Policy House Financial Services Committee: H.R. 2901/S. 1679, the Flood Insurance Market Parity and Modernization Act HUD: Federal Housing Administration (FHA) multifamily mortgage insurance rates in order to spur the financing of affordable housing and energy-efficient apartments. HUD: Median zip code rents Limited English Proficiency housing finance.

National Housing Trust Fund HR1662 - Common Sense Housing Investment Act of 2015 HOME and Section 8 Funds HR2029 - Consolidated Appropriations Act, 2016 HR2577 - Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2016 S2844 - Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2016 Employer-Assisted Housing HR480 - Housing America's Workforce Act Manufactured Housing HR650 - Preserving Access to Manufactured Housing Act of 2015 S682 - Preserving Access to Manufactured Housing Act of 2015 Rural Housing Provisions HR1259 - Helping Expand Lending Practices in Rural Communities Act HR2029 - Consolidated Appropriations Act, 2016 HR3700 - Housing Opportunity Through Modernization Act of 2016 HR __ - FY 2016 Agriculture Appropriations Bill HR__ - FY 2017 Agriculture Appropriations Bill S871 - HELP Rural Communities Act of 2015 S3083 - Housing Opportunity Through Modernization Act of 2016 Fair Value Accounting SConRes11 - An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2016 and setting forth the appropriate budgetary levels for fiscal years 2017 through 2025. HConRes27 - Establishing the budget for the United States Government for fiscal year 2016 and setting forth appropriate budgetary levels for fiscal years 2017 through 2025 Federal Assisted Housing Programs HR233 - Tenant Income Verification Relief Act of 2015 HR3700 - Housing Opportunity Through Modernization Act of 2016 S3083 - Housing Opportunity Through Modernization Act of 2016 FHA Programs HR123 - FHA Alternative Credit Pilot Program Reauthorization Act of 2015 HR3700 - Housing Opportunities Through Modernization Act S3083 - Housing Opportunity Through Modernization Act of 2016 Service Members Foreclosure Relieft S2393 - Foreclosure Relief and Extension for Servicemembers Act of 2015 Veterans Housing Programs HR3016 - Veterans Employment, Education, and Healthcare Improvement Act Homeowners Armed with Knowledge (HAWK) Program S2844 - Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2017 HUD Condominium Rules HR3700 - Housing Opportunity Through Modernization Act of 2016 S3083 - Housing Opportunity Through Modernization Act of 2016 Conversations with the Department of Housing and Urban Development (HUD) on FHA, federally assisted housing, FHA mortgage insurance, Ginnie Mae, the FHA handbook/appraisals, condominium rules, PACE guidance, and student loan calculations. Discussions with US Department of Agriculture (USDA) on rural housing, rural housing flood insurance, and funding for rural housing direct and guaranteed loan programs. Discussions with the Department of Veterans Affairs (VA) on the VA Home Loan guarantee program and the VA appraisal board. Discussions with the Office of Management & Budget (OMB) on the FHA condo rule and Ginnie Mae.

Department of Veterans Affairs appropriations and its delivery of benefits and services to veterans, their dependents and survivors: HR 4782, HR 4080, HR 3989, HR 3970, HR 3936, HR 3365, HR 2915, HR 2894, HR 2460, HR 2264, HR 2054, HR 1969, HR 1948, HR 1899, HR 1755, HR 1694, HR 1681, HR 1628, HR 1607, HR 1603, HR 1594, HR 1581, HR 1575, HR 1569, HR 1532, HR 1496, HR 1414, HR 1379, HR 1356, HR 1331, HR 1319, HR 1313, HR 1292, HR 1170, HR 1096, HR 1055, HR 969, HR 800, HR 681, HR 675, HR 627, HR 517, HR 474, HR 444, HR 421, HR 366, HR 356, HR 344, HR 341, HR 333, HR 303, HR 233, HR 203, HR 190, HR 145, S 2487, S 2251, S 1208, S 1203, S 1493 S 1085, S 979, S 901, S 865, S 841, S 739, S 717, S 715, S 714, S 684, S 681, S 666, S 657, S 570, S 471, S 469, S 425, S 398, S 296, S 271, S 242, S 241, S 223, S 216, S 167

Client expense: $210,000 · Firm income: Not reported

Balanced Housing Policy Section 8 Reform Project -Based Voucher Programs Federal Affordable Housing Programs Federal Affordable Housing Energy Savings Programs H. R. 233, the Tenant Income Verification Relief Act of 2015 all provisions Fair Housing/Disparate Impact Rural Housing Issues National Defense Authorization Act (NDAA) for Fiscal Year 2017 (Personnel, Family Housing) Military Housing Privatization Initiative / Basic Allowance for Housing FAA One Engine Inoperative Policy H.R. 4441, Aviation Innovation, Reform and Reauthorization Act of 2016 (FAA Reauthorization Act) H.R.365, To direct the Secretary of Transportation to conduct a notice and comment rulemaking before implementing certain policies relating to obstruction evaluation aeronautical studies, and for other purposes. H.R. 1491- Partnership to Strengthen Homeownership Act Housing Finance Proposals HUD Final Rule: Implementation of the Fair Housing Acts Discrimination Effects Federal Affordable Housing Programs HUD Quid Pro Quo Rule HUD Fair Market Rents/Small Area Fair Rent Issues HUD Fiscal Year 2015 Area Median Income Limits (AMIs) HUD Multifamily Transformation Initiative HUD Small Multifamily Building Programs Rental Assistance Demonstration Program FHA Multifamily Programs GSE Reform: Proposals to ensure liquidity in multifamily mortgage market in a post Fannie Mae / Freddie Mac environment FY 2017 Housing Appropriations - House and Senate: Commerce, Justice, Science and Related Agencies Appropriations Transportation, Housing, and Urban Development, and Related Agencies Act Appropriations Department of Defense Appropriations Military Construction and Veterans Affairs and Related Agencies Appropriations Military Construction appropriations FY 2017 National Defense Authorization Act (NDAA) for Fiscal Year 2016 (Personnel, Family Housing) Agriculture Appropriations bill, Rural Housing Service (RHS), Housing issues, Appropriations Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations - Appropriations for HOME Investment Partnerships (HOME) program funding as it relates to the Low Income Housing Tax Credit Program - Cybersecurity Act of 2015 Omnibus, all provisions (the Act) FY2017Budget House and Senate: -Funding for the U.S. Census Bureau- Census/American Community Survey -Funding for the U.S. Bureau of Labor Statistics-data on labor, employment, American productivity statistics and information on economy and workforce funding - Funding for Housing - Transportation Housing Urban Development -HUD: Fair Market Rents -H.R. 3700, the Housing Opportunity Through Modernization Act of 2015, all provisions - Rural Housing Issues: United States Department of Agriculture (USDA) Rural Housing Rental Assistance Agreements related to the funding. Section 521 issues - HUD: Affirmatively Furthering Fair Housing - H.R. 2997, Private Investment in Housing Act, all provisions - FHFA Comments: Commented on the Federal Housing Finance Agency (FHFA) multifamily production cap on the Government-Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac - H.R. 2243, the Equity in Government Compensation Act of 2015, all provisions -S. 2038, Jumpstart GSE Reform Act, all provisions -Proposals to expand the availability of affordable and workforce housing -S. 2006 the Regulatory Accountability Act of 2015 -Reviewed proposals for the sharing economy H.R.241, ACCESS (ADA Compliance for Customer Entry to Stores and Services) Act of 2015? H.R.2205/S.961 - Data Security Act of 2015, all provisions Submitted Statement for House Financial Services Committee (R-TX) call for solutions on Affordable Housing and the Future of Housing in America: 50 Years of HUD and Its Impact on Federal Housing Policy. Submitted Testimony for House Financial Services Committee Hearing: The Future of Housing in America: Government Regulations and the High Cost of Housing. H.R. 3765, ADA Education and Reform Act of 2015 HUD: Quid Pro Quo and Hostile Environment Harassment and Liability for Discriminatory Housing Practices Under the Fair Housing Act, Docket No. FR-5248-P-01 HUD: Instituting Smoke-Free Public Housing, Docket No. FR 5597-P-02 HUD: Guidance for Public Housing Agencies (PHAs) and Owners of Federally-Assisted Housing on Excluding the Use of Arrest Records in Housing Decisions HUD: Section 8 Policy Renewal Guidebook HUD: New policies on public and federally-assisted housing to ease barriers for those with criminal histories. SEC: Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing of a Proposed Rule Change To Amend FINRA Rule 4210 (Margin Requirements) To Establish Margin Requirements for the TBA Market FEMA/HUD: Reducing Flood Risk to Residential Buildings That Cannot Be Elevated FEMA P-1037 / September 2015 FHFA: Federal Housing Finance Agency (FHFA) 2016 Scorecard multifamily FHFA: Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Macs regulator Duty to Serve guidance S. 1484, Financial Regulatory Improvement Act of 2015, Title VII- Taxpayer Protections and Market Access for Mortgage Finance, provisions relating to multifamily housing finance. HUD: Bed Bug Policy House Financial Services Committee: "The Future of Housing in America: Examining the Health of the FHA submitted letter on multifamily aspects of FHA. House Financial Services Committee: H.R. 2901, the Flood Insurance Market Parity and Modernization Act HUD: Federal Housing Administration (FHA) multifamily mortgage insurance rates in order to spur the financing of affordable housing and energy-efficient apartments. HUD: Median zip code rents Limited English Proficiency

National Housing Trust Fund HR1662 - Common Sense Housing Investment Act of 2015 HOME and Section 8 Funds HR2029 - Consolidated Appropriations Act, 2016 HR2577 - Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2016 S __ - Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2016 Employer-Assisted Housing HR480 - Housing America's Workforce Act Manufactured Housing HR650 - Preserving Access to Manufactured Housing Act of 2015 S682 - Preserving Access to Manufactured Housing Act of 2015 Rural Housing Provisions HR1259 - Helping Expand Lending Practices in Rural Communities Act HR2029 - Consolidated Appropriations Act, 2016 HR __ - FY 2016 Agriculture Appropriations Bill HR__ - FY 2017 Agriculture Appropriations Bill S871 - HELP Rural Communities Act of 2015 Fair Value Accounting SConRes11 - An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2016 and setting forth the appropriate budgetary levels for fiscal years 2017 through 2025. HConRes27 - Establishing the budget for the United States Government for fiscal year 2016 and setting forth appropriate budgetary levels for fiscal years 2017 through 2025 Federal Assisted Housing Programs HR233 - Tenant Income Verification Relief Act of 2015 FHA Programs HR123 - FHA Alternative Credit Pilot Program Reauthorization Act of 2015 HR3700 - Housing Opportunities Through Modernization Act Service Members Foreclosure Relieft S2393 - Foreclosure Relief and Extension for Servicemembers Act of 2015 Veterans Housing Programs HR3016 - Veterans Employment, Education, and Healthcare Improvement Act Conversations with the Department of Housing and Urban Development (HUD) on single family loans, valuations, multifamily housing, flood insurance, fair housing, the FHA, condominium rules, and FHA premiums. Discussions with US Department of Agriculture (USDA) on rural housing programs for single and multifamily housing. Discussions with the Department of Veterans Affairs (VA) on the VA Home Loan Program.

H.R. 101, Home Foreclosure Reduction Act of 2015 H.R. 189, Service member Foreclosure Protections Extension Act of 2015 H.R. 190, Making Service member Foreclosure Protections Permanent Act H.R. 233, Tenant Income Verification Relief Act of 2015 H.R. 574, To prohibit contributions by Fannie Mae and Freddie Mac to the Housing Trust Fund and the Capital Market Fund while such enterprises are in conservatorship or receivership, and for other purposes H.R. 576, To amend the definition of "homeless person" under the McKinney-Vento Homeless Assistance Act to include certain homeless children and youth, and for other purposes H.R. 650, To amend the Truth in Lending Act to modify the definitions of a mortgage originator and a high-cost mortgage H.R. 1001, To amend the Internal Revenue Code of 1986 to terminate certain energy tax subsidies and lower the corporate income tax rate H.R. 1297, To amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act to provide assistance for housing cooperatives damaged by a major disaster, to provide relief to homeowners affected by major disasters who have mortgages insured by the FHA or owned or guaranteed by Fannie Mae or Freddie Mac, and for other purposes H.R. 1354, Permanently Protecting Tenants at Foreclosure Act of 2015 H.R. 1491, Partnership to Strengthen Homeownership Act of 2015 H.R. 1577, Fannie Mae and Freddie Mac Transparency Act of 2015 H.R.2997, Private Investment in Housing Act of 2015 H.R. 3700, To provide housing opportunities in the United States through modernization of various housing programs, and for other purposes S. 65, Moving to Work Charter Program Act of 2015 S. 256, Homeless Children and Youth Act of 2015 S. 351, A bill to prevent homeowners from being forced to pay taxes on forgiven mortgage loan debt S. 495, A bill to revoke the charters for the Federal National Mortgage Corporation and the Federal Home Loan Mortgage Corporation upon resolution of their obligations, to create a new Mortgage Finance Agency for the securitization of single family and multifamily mortgages, and for other purposes S. 730, Permanently Protecting Tenants at Foreclosure Act of 2015 S.752, A bill to establish a scorekeeping rule to ensure that increases in guarantee fees of Fannie Mae and Freddie Mac shall not be used to offset provisions that increase the deficit

Department of Veterans Affairs appropriations and its delivery of benefits and services to veterans, their dependents and survivors: HR 4782, HR 4080, HR 3989, HR 3970, HR 3936, HR 3365, HR 2915, HR 2894, HR 2460, HR 2264, HR 2054, HR 1969, HR 1948, HR 1899, HR 1755, HR 1694, HR 1681, HR 1628, HR 1607, HR 1603, HR 1594, HR 1581, HR 1575, HR 1569, HR 1532, HR 1496, HR 1414, HR 1379, HR 1356, HR 1331, HR 1319, HR 1313, HR 1292, HR 1170, HR 1096, HR 1055, HR 969, HR 800, HR 681, HR 675, HR 627, HR 517, HR 474, HR 444, HR 421, HR 366, HR 356, HR 344, HR 341, HR 333, HR 303, HR 233, HR 203, HR 190, HR 145, S 2487, S 2251, S 1208, S 1203, S 1493 S 1085, S 979, S 901, S 865, S 841, S 739, S 717, S 715, S 714, S 684, S 681, S 666, S 657, S 570, S 471, S 469, S 425, S 398, S 296, S 271, S 242, S 241, S 223, S 216, S 167

Client expense: $210,000 · Firm income: Not reported

Public Law (P.L.) 114-94 (H.R. 22): Fixing Americas Surface Transportation (FAST) Act. Housing provisions included in House Amendment 827. P.L. 114-74 (H.R. 1314): the Bipartisan Budget Act of 2015. A two-year budget deal that suspended the federal borrowing cap until March 16, 2017; all provisions. P.L. 114-96 (H.R. 2250): Further Continuing Appropriations Act, 2015. This bill provided an additional temporary extension for FY 2016 funding at the same funding level as FY 2015 with an expiration date of December 16, 2015; all provisions P.L. 114-113 (H.R. 2029): Consolidated Appropriations Act, 2016. Omnibus bill providing appropriations for the remainder of FY 2016; provisions under Division L, Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2016: Title II - Department of Housing and Urban Development, Division A, Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2016: Title III - Rural Development Programs, and Division Q, Protecting Americans from Tax Hikes Act, 2016: Part IV - Incentives for Real Estate Investment, Section 131 Extension of minimum low-income housing tax credit rate for non-Federally subsidized buildings. P.L. 114-53 (H.R. 719): Continuing appropriations Act, 2016. This bill is a temporary continuing resolution (CR) which funded the federal government for fiscal year (FY) 2016 at the same funding as FY 2015 until December 11, 2015; provisions related to (Sec. 117): Provides USDA with funding flexibility to pay ongoing debt service for multi-family direct loan program rental assistance contracts under sections 514 and 515 of the Housing Act of 1949. Permits the renewal during the duration of the CR of rental assistance contracts entered into or renewed in 2015 that exhausted funds within the 12-month contract period. P.L. 113-235 (H.R. 83): the Consolidated and Further Continuing Appropriations Act, 2014; all provisions relating to funding for federal affordable housing programs in FY 2015. H.R. 4888: The Ending Homelessness Act of 2016. This bill seeks to provide resources to end homelessness in America through $13.27 billion in emergency funding over the next five years. H.R. 4888 would also implement strategies for outreach and case management, as well as technical assistance to help states and local jurisdictions better align their healthcare and housing; all provisions. H.R. 4753: The Wounded Warrior Housing Reform Act of 2016. This bill would exclude Service-connected disability compensation, and pensions paid to a veteran age 65 or older from consideration as income for affordable housing programs; all provisions. H.R. 3700: Housing Opportunity through Modernization Act of 2015. This bill incorporates different housing reform bills introduced in the 114th Congress: The Preservation Enhancement and Savings Opportunity Act of 2015 (H.R. 2482), The Private Investment in Housing Act (H.R. 2997). It includes a drafted bill from the 113th Congress which has not been formally introduced, the Affordable Housing and Self-Sufficiency Improvement Act of 2012 (AHSSIA); all provisions H.R. 3697: The Section 3 Modernization and Improvement Act of 2015. This bill aims to increase enforcement and Congressional oversight of Section 3 properties; all provisions H.R. 2482: Preservation Enhancement and Savings Opportunity Act of 2015. This bill amends and eliminates certain owner limitations under the Low-Income Housing Preservation and Resident Homeownership Act of 1990 (LIHPRHA). H.R. 2997: Private Investment in Housing Act, 2015. This bill would allow HUD to establish a demonstration program under which, in FY 2016 through FY 2019, HUD may execute budget-neutral, performance-based agreements (for up to 12 years each) that result in a reduction in energy or water costs; all provisions H.R. 1047: Housing Assistance Efficiency Act of 2015. This bill would amend the McKinney-Vento Homeless Assistance Act to allow a private nonprofit organization to administer permanent housing rental assistance provided through the Continuum of Care Program; all provisions H.R. 233: The Tenant Income Verification Relief Act of 2015. This bill would allow income reviews for fixed-income families to be completed every three years rather than the current annual inspection used to determine assisted housing program eligibility; all provisions S. 2012: Energy Policy Modernization Act of 2015. This bill would create a demonstration program under which the Secretary of HUD may enter into agreements with multifamily property owners that result in a reduction in energy or water costs; all provisions S. 1412: Housing for Homeless Students Act of 2015. A bill to qualify homeless youth and veterans who are full-time students for purposes of the low income housing tax credit; all provisions S.1139: Improving the Low Income Housing Tax Credit Rate Act of 2015. This bill would make permanent a 9 percent minimum rate for new housing projects and a 4 percent rate for acquiring existing housing for rehabilitation; all provisions S.1909: Local Zoning Decisions Protection Act, 2015. A bill which would prevent any federal funding for implementing HUDs final rule Affirmatively Furthering Fair Housing; all provisions H.R. 1142: To amend the Internal Revenue Code of 1986 to make permanent and expand the temporary minimum credit rate for the low-income housing tax credit. This bill would make permanent a 9 percent minimum rate for new housing projects and 4 percent rate for acquiring existing housing for rehabilitation; all provisions H.R. 1995: the Local Zoning and Property Rights Protection Act of 2015. This bill would prohibit HUD from implementing its proposed rule entitled Affirmatively Furthering Fair Housing; all provisions HUD Notice: Announcement of Tenant Protection Voucher Funding Awards for Fiscal Year 2015 for the Housing Choice Voucher Program [Docket No. FR-5937-FA-01] March 29, 2016; all provisions HUD FY 2016 Median Family Income estimates and FY 2016 Income Limits March 28, 2016. HUD Notice PIH 2016-04: Implementation of the Federal Fiscal Year (FFY) 2016 Funding Provisions for the Housing Choice Voucher Program March 10, 2016; all provisions HUD Notice PIH 2016-02 (HA): Enhanced Voucher Requirements for Over-housed Families March 4, 2016; all provisions HUD Notice: Family Self Sufficiency Program in Multifamily March 15, 2016; all provisions HUD Proposed Rule Section 542(c) Housing Finance Agencies Risk-Sharing Program: Revisions to Regulations [Docket No FR-5881-P-01] March 8, 2016; all provisions relating to affordable, multifamily housing property mortgages. HUD Final Rule: "Streamlining Administrative Regulations for the Public Housing, Housing Choice Voucher, Multifamily Housing, and Community Planning and Development Programs" [Docket No. FR 5743-F-03] March 1, 2016; all provisions and previously proposed rule HUD Section 8 Renewal Policy Guide, Chapter 9: Rent Comparability Studies revision draft February 23, 2016; all provisions Department of Justice, Office for Victims of Crime report: Federal Strategic Action Plan on Services for Victims of Human Trafficking in the United States 2013-2017; provisions relating to housing assistance for human trafficking victims; advised members of NAHMA to participate in a conference call between HUD and the Department of Health and Human Services on the intersection of human trafficking and the need for housing and social services for survivors - February 24, 2016. HUD Memorandum New UPCS Inspector Protocol Conferencing Bed Bug Infestation February 1, 2016; all provisions HUD Memorandum Renewal of Expiring Project Assistance Contracts (PACs) Under the Section 202 Program of Supportive Housing for the Elderly and for Persons with Disabilities for Fiscal Year (FY 2016) January 5, 2016; all provisions HUD Notice H 2016-01: Passbook Savings Rate Effective February 1, 2016 January 19, 2016; all provisions relating to the passbook savings rate, which is used to determine annual income from net family assets. HUD Notice of Funding Availability (NOFA): Supportive Services Demonstration for Elderly Households in HUD-Assisted Multifamily Housing demonstration project January 20, 2016; all provisions relating to eligible owners of HUD-assisted senior housing developments to access funding that will cover the cost of a full-time enhanced service coordinator and a part-time wellness nurse HUD Notice PIH 2016-01: Family Unification Program and Family Self Sufficiency Demonstration January 15, 2016; all provisions relating to Public Housing Agencies (PHAs) opportunity to participate in a demonstration testing the effectiveness of combining housing choice vouchers for eligible youth with assistance under the Family Self Sufficiency program. HUD National Disaster Resilience Competition (NDRC); all provisions relating to housing and infrastructure projects in states and communities that were impacted by major disasters between 2011 and 2013. Security and Exchange Commission Notice [Release No. 34-76148; File No. SR-FINRA-2015-036]: "Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing of a Proposed Rule Change To Amend FINRA Rule 4210 (Margin Requirements) To Establish Margin Requirements for the TBA Market" October 14, 2015; all provisions relating to the coverage of multifamily agency forward-settling transactions in the multifamily financing market. Federal Housing Finance Agency Notice for Proposed Rulemaking: Enterprise Duty To Serve Underserved Markets, December 18, 2015 - 12 CFR Part 1282 [RIN 2590-AA27]; all provisions HUD Notice of Final Fiscal Year (FY) 2016 Fair Market Rents (FMRs) [Docket No. FR-5885-N-02]: "Final Fair Market Rents for the Housing Choice Voucher Program and Moderate Rehabilitation Single Room Occupancy Program and Other Programs Fiscal Year 2016" December 11, 2015; all provisions HUD Proposed Rule [Docket No. FR-5248-P-01] RIN 2529-AA94: "Quid Pro Quo and Hostile Environment Harassment and Liability for Discriminatory Housing Practices Under the Fair Housing Act" October 21, 2015; all provisions HUD Notice H 2015-10: "Guidance for Public Housing Agencies (PHAs) and Owners of Federally-Assisted Housing on Excluding the Use of Arrest Records in Housing Decisions" November 2, 2015; all provisions HUD Notice PIH 2015-19: "Guidance for Public Housing Agencies (PHAs) and Owners of Federally-Assisted Housing on Excluding the Use of Arrest Records in Housing Decisions" November 2, 2015; all provisions HUD Guide: Rental Assistance Demonstration (RAD), Quick Reference Guide to Multifamily Housing Requirements, October 2015; all provisions HUD Notice [Docket No. FR-5883-N-01]: "Notice of Certain Operating Cost Adjustment Factors for 2016" October 13, 2015; all provisions impacting project based assistance contracts for eligible multifamily housing projects. President Obama Executive Order 13690: The Federal Flood Risk Management Standard for federal agencies; all provisions which impact multifamily housing properties financed through the Federal Housing Administration (FHA) HUD Advanced Notice of Proposed Rulemaking [Docket No. FR-5855-A-01]: Establishing a More Effective Fair Market Rent (FMR) System; Using Small Area Fair Market Rents (SAFMRs) in Housing Choice Voucher Program Instead of the Current 50th Percentile FMRs; all provisions HUD Final Notice [Docket No. FR-5728-N-02]: Federal Housing Administration (FHA): Small Building Risk Sharing Initiative; all provisions HUD Final Rule: Affirmatively Furthering Fair Housing [Docket No. FR-5173-F-04] RIN 2501-AD33; all provisions HUD Transmittal issued 8/7/15: Section 8 Renewal Policy Guidebook; all sections HUD Initiative "Transforming Multifamily for the 21st Century"; all provisions. HUD Draft FHA Multifamily Accelerated Processing (MAP) Guide; all provisions relating to federally assisted multifamily housing in chapters 1.5, 3, 3.6.C, 3.7.V, 3.8, 5, 5.2, 5.3, 5.10.L.5, 7.1, 7.8, 14.7, 18.3. HUD Memorandum: "Age Restrictions in FHA Insured Housing"; all provisions. HUD Notice PIH 2012-32 (HA), REV-2, Rental Assistance Demonstration - Final Implementation, Revision 2 June 15, 2015; all provisions. HUD Proposed Rule, "Supportive Housing and Services for the Elderly and Persons With Disabilities: Implementing Statutory Reforms-Reopening of Public Comment" [Docket No. FR-5576-N-02], Dec 11, 2014; all provisions. HUD Memorandum, "Occupancy Protections for HUD-Assisted Households in Properties with Low-Income Housing Tax Credits" January 12, 2015; all provisions. HUD Notice, "Enforcement of Davis-Bacon Act wage requirements for projects participating in the second component of the Rental Assistance Demonstration program" December 23, 2015; all provisions. HUD Notice, "Violence Against Women Reauthorization Act of 2013: Implementation in HUD Housing Programs" [Docket No. FR-5720-P-02] March 25, 2015; all provisions of this HUD regulation, with emphasis on language concerning emergency housing transfers for victims of domestic violence claiming protection under VAWA. Final ruling and opinion in the Supreme Court case Texas Department of Housing and Community Affairs v. The Inclusive Communities Project, Inc. Policies relating to affordable housing development in housing finance reform efforts in Congress. All policies relating to the expansion of the Low-Income Housing Tax Credit (LIHTC) All policies relating to HUD inspection protocol UPCS-V All policies relating to Housing Assistance Payments (HAP) Contracts All policies relating to Project Rental Assistance Contracts (PRACs) and strategies to preserve properties in this portfolio. All policies relating to funding and administration of the Housing Trust Fund. All policies and funding grants relating to the managing of lead-based paint at multifamily properties. All policies relating to the release and implementation of the Affirmatively Furthering Fair Housing rule from HUD. All policies relating to Performance-Based Contract Administration. All policies relating to the resumption of Management and Occupancy Reviews (MORs). Policies relating to student occupancy requirements in properties assisted through HUD or the Low-Income Housing Tax Credit. Policies relating to Fair Value Accounting in federal estimates of housing programs. Department of Agriculture, Rural Housing Service Notice: Notice of Solicitation of Applications for the Section 533 Housing Preservation Grants for Fiscal Year 2016; all provisions Rural Development unnumbered Letter dated March 18, 2016: Rental Assistance Obligation Tool; all provisions. Rural Development Administrative Notice dated February 5, 2016: Fiscal Year 2016 Site Manager and Maintenance Person of the Year Recognition Program; all provisions Rural Housing Service Notice: Notice of Solicitation of Applications for the Section 533 Housing Preservation Grants for Fiscal Year 2016 December 29, 2015; all provisions. Policies relating to USDA-RHS' Section 521 Rental Assistance; non-payment of rental assistance contracts in FY 2015 and initial months of FY 2016. Policies relating to the preservation of properties financed with mortgages from the Section 515 program; advocated for non-burdensome actions that will allow properties to either be acquired by new ownership or to refinance so that they may continue to receive Section 521 Rental Assistance Policies relating to management fee adjustments in Rural Development from 2010 to 2016; provisions relating of implementation of Operating Cost Adjustment Factors (OCAF) method. Offered recommendations in response to USDA-RHS' informal request for ideas to implement a performance-based management fee for apartments that receive Rural Rental Assistance. Advocated for policies to address ongoing occupancy issues, including prolonged vacancies, in properties that participate in USDA-RHS's Multifamily Housing programs. Advocated for policies to address improper payments in USDA-RHS's Section 521 Rural Rental Assistance program. All policies related to USDA Rural Development's Improper Payments Information Act (IPIA) audit for the Rental Assistance Program, Multi-Family Integrated System and its findings reviews, and rural housing preservation.

H.R. 101, Home Foreclosure Reduction Act of 2015 H.R. 189, Service member Foreclosure Protections Extension Act of 2015 H.R. 190, Making Service member Foreclosure Protections Permanent Act H.R. 233, Tenant Income Verification Relief Act of 2015 H.R. 574, To prohibit contributions by Fannie Mae and Freddie Mac to the Housing Trust Fund and the Capital Market Fund while such enterprises are in conservatorship or receivership, and for other purposes. H.R. 576, To amend the definition of "homeless person" under the McKinney-Vento Homeless Assistance Act to include certain homeless children and youth, and for other purposes. H.R. 650, To amend the Truth in Lending Act to modify the definitions of a mortgage originator and a high-cost mortgage. H.R. 1001, To amend the Internal Revenue Code of 1986 to terminate certain energy tax subsidies and lower the corporate income tax rate. H.R. 1297, To amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act to provide assistance for housing cooperatives damaged by a major disaster, to provide relief to homeowners affected by major disasters who have mortgages insured by the FHA or owned or guaranteed by Fannie Mae or Freddie Mac, and for other purposes. H.R. 1354, Permanently Protecting Tenants at Foreclosure Act of 2015 H.R. 1491, Partnership to Strengthen Homeownership Act of 2015 H.R. 1577, Fannie Mae and Freddie Mac Transparency Act of 2015 H.R.2997, Private Investment in Housing Act of 2015 H.R. 3700, To provide housing opportunities in the United States through modernization of various housing programs, and for other purposes. S. 65, Moving to Work Charter Program Act of 2015 S. 256, Homeless Children and Youth Act of 2015 S. 351, A bill to prevent homeowners from being forced to pay taxes on forgiven mortgage loan debt. S. 495, A bill to revoke the charters for the Federal National Mortgage Corporation and the Federal Home Loan Mortgage Corporation upon resolution of their obligations, to create a new Mortgage Finance Agency for the securitization of single family and multifamily mortgages, and for other purposes. S. 730, Permanently Protecting Tenants at Foreclosure Act of 2015 S.752, A bill to establish a scorekeeping rule to ensure that increases in guarantee fees of Fannie Mae and Freddie Mac shall not be used to offset provisions that increase the deficit.

Balanced Housing Policy Section 8 Reform Project -Based Voucher Programs Section 8 - Rental Assistance Reform Legislation Federal Affordable Housing Programs Federal Affordable Housing Energy Savings Programs H. R. 233, the Tenant Income Verification Relief Act of 2015 all provisions Fair Housing/Disparate Impact Rural Housing Issues H.R.1735 and S.1376, National Defense Authorization Act (NDAA) for Fiscal Year 2016 (Personnel, Family Housing) Military Housing Privatization Initiative / Basic Allowance for Housing FAA One Engine Inoperative Policy FAA Reauthorization Act H.R.365, To direct the Secretary of Transportation to conduct a notice and comment rulemaking before implementing certain policies relating to obstruction evaluation aeronautical studies, and for other purposes. H.R. 1491- Partnership to Strengthen Homeownership Act Housing Finance Proposals HUD Final Rule: Implementation of the Fair Housing Acts Discrimination Effects Federal Affordable Housing Programs HUD Quid Pro Quo Rule HUD Fair Market Rents/Small Area Fair Rent Issues HUD Fiscal Year 2015 Area Median Income Limits (AMIs) HUD Multifamily Transformation Initiative HUD Small Multifamily Building Programs Rental Assistance Demonstration Program FHA Multifamily Programs GSE Reform: Proposals to ensure liquidity in multifamily mortgage market in a post Fannie Mae / Freddie Mac environment FY 2016 Housing Appropriations - House and Senate: H.R.2029: Notes: Consolidated Appropriations Act, House Amendments 1 and 2 to Senate Amendment published as Rules Committee Prints 114-39 and 114-40 Became Public Law No: 114-113 H.R. 2250, Continuing Appropriations Act - H.R.2578 - Commerce, Justice, Science, and Related Agencies Appropriations Act, 2016, Appropriations for the Census/American Community Survey, Garrett disparate impact amendment. - H.R.2577 - Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2016 Transportation- All Housing Provisions Garrett disparate impact amendment, Gosar Affirmatively Furthering Fair Housing amendment. - H.R.2685 - Department of Defense Appropriations Act, 2016 - H.R.2029 - Military Construction and Veterans Affairs and Related Agencies Appropriations Act, 2016, Military Construction appropriations -FY 2016 Agriculture Appropriations bill, Rural Housing Service (RHS), Housing issues, Section, 521 RA programs -H.R.3020 - Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2016, - Appropriations for data on labor, employment, American productivity statistics and information on economy and workforce funding. - HOME Investment Partnerships (HOME) program funding as it relates to the Low Income Housing Tax Credit Program (requested Congress to restore HOME funding to at least the level of $.06 billion contained in the Administrations FY2016 budget request.) -JUMP START GSE Provision in Omnibus that would prohibit the sale of Treasury-owned senior preferred shares in the government-sponsored enterprises (GSEs), Fannie Mae and Freddie Mac, without congressional approval until 2017 - Cybersecurity Act of 2015 Omnibus, all provisions (the Act) FY2015/FY2016 Budget House and Senate: -Funding for the U.S. Census Bureau- Census/American Community Survey -Funding for the U.S. Bureau of Labor Statistics-data on labor, employment, American productivity statistics and information on economy and workforce funding - Funding for Housing - Transportation Housing Urban Development H.R. 22, the DRIVE ACT/Fixing America's Surface Transportation (FAST) Act, PL: 114-94 - Hensarling Amendment-H.R. 2482, the Preservation, Enhancement and Savings Opportunity Act of 2014, all provisions, H.R. 233, the Tenant Income Verification Relief Act, all provisions, H.R. 2997, the Private Investment in Housing Act, all provisions HUD Proposal: Final Fair Market Rents for the Housing Choice Voucher Program and Moderate Rehabilitation Single Room Occupancy Program and Other Programs Fiscal Year 2016 -H.R. 3700, the Housing Opportunity Through Modernization Act of 2015, all provisions - Rural Housing Issues: United States Department of Agriculture (USDA) Rural Housing Rental Assistance Agreements related to the funding. Section 521 issues - HUD: Affirmatively Furthering Fair Housing - H.R. 2997, Private Investment in Housing Act, all provisions - FHFA Comments: Commented on the Federal Housing Finance Agency (FHFA) multifamily production cap on the Government-Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac KR/DB? - H.R. 2243, the Equity in Government Compensation Act of 2015, all provisions -S. 2038, Jumpstart GSE Reform Act, all provisions -Proposals to expand the availability of affordable and workforce housing -S. 2006 the Regulatory Accountability Act of 2015 -Reviewed proposals for the sharing economy H.R.241, ACCESS (ADA Compliance for Customer Entry to Stores and Services) Act of 2015 H.R.2205 - Data Security Act of 2015, all provisions Submitted Statement for House Financial Services Committee (R-TX) call for solutions on Affordable Housing and the Future of Housing in America: 50 Years of HUD and Its Impact on Federal Housing Policy. H.R. 3765, ADA Education and Reform Act of 2015 HUD Comments submitted: Quid Pro Quo and Hostile Environment Harassment and Liability for Discriminatory Housing Practices Under the Fair Housing Act, Docket No. FR-5248-P-01 HUD: Instituting Smoke-Free Public Housing, Docket No. FR 5597-P-02 HUD: Guidance for Public Housing Agencies (PHAs) and Owners of Federally-Assisted Housing on Excluding the Use of Arrest Records in Housing Decisions Notice H 2015-10 HUD: Section 8 Policy Renewal Guidebook HUD: New policies on public and federally-assisted housing to ease barriers for those with criminal histories. SEC: Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of Filing of a Proposed Rule Change To Amend FINRA Rule 4210 (Margin Requirements) To Establish Margin Requirements for the TBA Market FEMA/HUD: Reducing Flood Risk to Residential Buildings That Cannot Be Elevated FEMA P-1037 / September 2015 FHFA: Federal Housing Finance Agency (FHFA) 2016 Scorecard multifamily FHFA: Federal Housing Finance Agency (FHFA), Fannie Mae and Freddie Macs regulator, released draft Duty to Serve guidance S. 1484, Financial Regulatory Improvement Act of 2015, Title VII- Taxpayer Protections and Market Access for Mortgage Finance, provisions relating to multifamily housing finance.

National Housing Trust Fund HR1662 - Common Sense Housing Investment Act of 2015 HOME and Section 8 Funds HR2029 - Consolidated Appropriations Act, 2016 HR2577 - Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2016 S __ - Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2016 Employer-Assisted Housing HR480 - Housing America's Workforce Act Manufactured Housing HR650 - Preserving Access to Manufactured Housing Act of 2015 S682 - Preserving Access to Manufactured Housing Act of 2015 Rural Housing Provisions HR1259 - Helping Expand Lending Practices in Rural Communities Act HR2029 - Consolidated Appropriations Act, 2016 HR3700 - Housing Opportunities Through Modernization Act HR __ - FY 2016 Agriculture Appropriations Bill S871 - HELP Rural Communities Act of 2015 Fair Value Accounting SConRes11 - An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2016 and setting forth the appropriate budgetary levels for fiscal years 2017 through 2025. HConRes27 - Establishing the budget for the United States Government for fiscal year 2016 and setting forth appropriate budgetary levels for fiscal years 2017 through 2025 Federal Assisted Housing Programs HR233 - Tenant Income Verification Relief Act of 2015 FHA Programs HR123 - FHA Alternative Credit Pilot Program Reauthorization Act of 2015 HR3700 - Housing Opportunities Through Modernization Act Conversations with the Department of Housing and Urban Development (HUD) on Section 8 housing, condominiums, HOME. Discussions with US Department of Agriculture (USDA) on Section 502 loans and Section 515 rental housing.

Client expense: $14,280,000 · Firm income: Not reported

Public Law (P.L.) 114-94 (H.R. 22): Fixing Americas Surface Transportation (FAST) Act. Housing provisions included in House Amendment 827. P.L. 114-74 (H.R. 1314): the Bipartisan Budget Act of 2015. A two-year budget deal that suspended the federal borrowing cap until March 16, 2017; all provisions. P.L. 114-96 (H.R. 2250): Further Continuing Appropriations Act, 2015. This bill provided an additional temporary extension for fiscal year (FY) 2016 funding at the same funding level as FY 2015 with an expiration date of December 16, 2015; all provisions P.L. 114-113 (H.R. 2029): Consolidated Appropriations Act, 2016. Omnibus bill providing appropriations for the remainder of FY 2016; provisions under Division L, Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2016: Title II - Department of Housing and Urban Development, Division A, Agriculture, Rural Development, Food and Drug Administration, and Related Agencies Appropriations Act, 2016: Title III - Rural Development Programs, and Division Q, Protecting Americans from Tax Hikes Act, 2016: Part IV - Incentives for Real Estate Investment, Section 131 Extension of minimum low-income housing tax credit rate for non-Federally subsidized buildings. P.L. 114-53 (H.R. 719): Continuing appropriations Act, 2016. This bill is a temporary continuing resolution (CR) which funded the federal government for fiscal year (FY) 2016 at the same funding as FY 2015 until December 11, 2015; provisions related to (Sec. 117): Provides USDA with funding flexibility to pay ongoing debt service for multi-family direct loan program rental assistance contracts under sections 514 and 515 of the Housing Act of 1949. Permits the renewal during the duration of the CR of rental assistance contracts entered into or renewed in 2015 that exhausted funds within the 12-month contract period. P.L. 113-235 (H.R. 83): the Consolidated and Further Continuing Appropriations Act, 2014; all provisions relating to funding for federal affordable housing programs in FY 2015. H.R. 3700: Housing Opportunity through Modernization Act of 2015. This bill incorporates different housing reform bills introduced in the 114th Congress: The Preservation Enhancement and Savings Opportunity Act of 2015 (H.R. 2482), The Private Investment in Housing Act (H.R. 2997). It includes a drafted bill from the 113th Congress which has not been formally introduced, the Affordable Housing and Self-Sufficiency Improvement Act of 2012 (AHSSIA); all provisions H.R. 3697: The Section 3 Modernization and Improvement Act of 2015. This bill aims to increase enforcement and Congressional oversight of Section 3 properties; all provisions H.R. 2482: Preservation Enhancement and Savings Opportunity Act of 2015. This bill amends and eliminates certain owner limitations under the Low-Income Housing Preservation and Resident Homeownership Act of 1990 (LIHPRHA). H.R. 2997: Private Investment in Housing Act, 2015. This bill would allow HUD to establish a demonstration program under which, in FY 2016 through FY 2019, HUD may execute budget-neutral, performance-based agreements (for up to 12 years each) that result in a reduction in energy or water costs; all provisions H.R. 1047: Housing Assistance Efficiency Act of 2015. This bill would amend the McKinney-Vento Homeless Assistance Act to allow a private nonprofit organization to administer permanent housing rental assistance provided through the Continuum of Care Program; all provisions H.R. 233: The Tenant Income Verification Relief Act of 2015. This bill would allow income reviews for fixed-income families to be completed every three years rather than the current annual inspection used to determine assisted housing program eligibility; all provisions S. 2012: Energy Policy Modernization Act of 2015. This bill would create a demonstration program under which the Secretary of HUD may enter into agreements with multifamily property owners that result in a reduction in energy or water costs; all provisions S. 1412: Housing for Homeless Students Act of 2015. A bill to qualify homeless youth and veterans who are full-time students for purposes of the low income housing tax credit; all provisions S.1139: Improving the Low Income Housing Tax Credit Rate Act of 2015. This bill would make permanent a 9 percent minimum rate for new housing projects and a 4 percent rate for acquiring existing housing for rehabilitation; all provisions S.1909: Local Zoning Decisions Protection Act, 2015. A bill which would prevent any federal funding for implementing HUDs final rule Affirmatively Furthering Fair Housing; all provisions H.R. 1142: To amend the Internal Revenue Code of 1986 to make permanent and expand the temporary minimum credit rate for the low-income housing tax credit. This bill would make permanent a 9 percent minimum rate for new housing projects and 4 percent rate for acquiring existing housing for rehabilitation; all provisions H.R. 1995: the Local Zoning and Property Rights Protection Act of 2015. This bill would prohibit HUD from implementing its proposed rule entitled Affirmatively Furthering Fair Housing; all provisions Security and Exchange Commission Notice [Release No. 34-76148; File No. SR-FINRA-2015-036]: "Self-Regulatory Organizations; Financial Industry RegulatoryAuthority, Inc.; Notice of Filing of a Proposed Rule Change To Amend FINRA Rule 4210 (Margin Requirements) To Establish Margin Requirements for the TBA Market" October 14, 2015; all provisions relating to the coverage of multifamily agency forward-settling transactions in the multifamily financing market. HUD Notice [Docket No. FR-5173-N-07]: "Affirmatively Furthering Fair Housing Assessment Tool: Announcement of Final Approved Document" December 31, 2015; all provisions which impact multifamily housing properties and the Assessment of Fair Housing (AFH) practices. HUD Notice of Final Fiscal Year (FY) 2016 Fair Market Rents (FMRs) [Docket No. FR-5885-N-02]: "Final Fair Market Rents for the Housing Choice Voucher Program and Moderate Rehabilitation Single Room Occupancy Program and Other Programs Fiscal Year 2016" December 11, 2015; all provisions HUD Proposed Rule [Docket No. FR-5248-P-01] RIN 2529-AA94: "Quid Pro Quo and Hostile Environment Harassment and Liability for Discriminatory Housing Practices Under the Fair Housing Act" October 21, 2015; all provisions HUD Notice H 2015-10: "Guidance for Public Housing Agencies (PHAs) and Owners of Federally-Assisted Housing on Excluding the Use of Arrest Records in Housing Decisions" November 2, 2015; all provisions HUD Notice PIH 2015-19: "Guidance for Public Housing Agencies (PHAs) and Owners of Federally-Assisted Housing on Excluding the Use of Arrest Records in Housing Decisions" November 2, 2015; all provisions HUD Guide: Rental Assistance Demonstration (RAD), Quick Reference Guide to Multifamily Housing Requirements, October 2015; all provisions HUD Notice [Docket No. FR-5883-N-01]: "Notice of Certain Operating Cost Adjustment Factors for 2016" October 13, 2015; all provisions impacting project based assistance contracts for eligible multifamily housing projects. President Obama Executive Order 13690: The Federal Flood Risk Management Standard for federal agencies; all provisions which impact multifamily housing properties financed through the Federal Housing Administration (FHA) HUD Advanced Notice of Proposed Rulemaking [Docket No. FR-5855-A-01]: Establishing a More Effective Fair Market Rent (FMR) System; Using Small Area Fair Market Rents (SAFMRs) in Housing Choice Voucher Program Instead of the Current 50th Percentile FMRs; all provisions HUD Final Notice [Docket No. FR-5728-N-02]: Federal Housing Administration (FHA): Small Building Risk Sharing Initiative; all provisions HUD Notice [Docket No. FR-5173-N-05]: Affirmatively Furthering Fair Housing Assessment Tool: Solicitation of Comment-30-Day Notice Under Paperwork Reduction Act of 1995; all provisions HUD Final Rule: Affirmatively Furthering Fair Housing [Docket No. FR-5173-F-04] RIN 2501-AD33; all provisions HUD Transmittal issued 8/7/15: Section 8 Renewal Policy Guidebook; all sections HUD Initiative "Transforming Multifamily for the 21st Century"; all provisions. HUD Draft FHA Multifamily Accelerated Processing (MAP) Guide; all provisions relating to federally assisted multifamily housing in chapters 1.5, 3, 3.6.C, 3.7.V, 3.8, 5, 5.2, 5.3, 5.10.L.5, 7.1, 7.8, 14.7, 18.3. HUD Notice H 2015-04, "Methodology for Completing a Multifamily Housing Utility Analysis" June 22, 2015; all provisions. HUD Memorandum: "Age Restrictions in FHA Insured Housing"; all provisions. HUD Memorandum: Clarification of Policy Surrounding Interest Rate Reductions April 20, 205; all provisions. HUD Notice PIH 2012-32 (HA), REV-2, Rental Assistance Demonstration - Final Implementation, Revision 2 June 15, 2015; all provisions. HUD Notice, "Affirmatively Furthering Fair Housing: Re-Opening Public Comment Period on Subject of Later First AFH Submission Date for Certain Entities" [Docket No. FR-5173-N-03] January 15, 2015; all provisions. HUD Notice, "Streamlining Administrative Regulations for Public Housing, Housing Choice Voucher, Multifamily Housing, and Community Planning and Development Programs" [Docket No. FR 5743-P-01] January 6, 2015; all provisions with emphasis on vacancy payments. HUD Proposed Rule, "Supportive Housing and Services for the Elderly and Persons With Disabilities: Implementing Statutory Reforms-Reopening of Public Comment" [Docket No. FR-5576-N-02], Dec 11, 2014; all provisions. HUD Notice, "Applicability of Davis-Bacon Labor Requirements to Projects Selected as Existing Housing Under the Section 8 Project-Based Voucher Program- Guidance" [Docket No. FR-5242-N-03] March 9, 2015; all provisions. HUD Memorandum, "Use of Marijuana in Multifamily Assisted Properties" December 29, 2014; all provisions. HUD Memorandum, "Occupancy Protections for HUD-Assisted Households in Properties with Low-Income Housing Tax Credits" January 12, 2015; all provisions. HUD Notice, "Streamlining Management and Occupancy Reviews for Section 8 Housing Assistance Programs and Amending Vacancy Payments for Section 8 and Section 162 Housing Assistance Programs" [Docket No. FR-5654-P-01] January 14, 2015; all provisions. HUD Notice, "Section 8 Housing Assistance Programs Proposed Management and Occupancy Review Schedule" [Docket No. FR-5654-N-02] January 14, 2015; all provisions. HUD Notice, "HUD Approval of Requests for Transfers of Multifamily Housing Project-Based Rental Assistance, HUD Held or Insured Debt, and Income-Based Use Restrictions" [Docket No. FR-5779-N-01] March 31, 2015; all provisions. HUD Notice, "Section 8 Housing Assistance Payments Program-Annual Adjustment Factors, Fiscal Year 2015" [Docket No. FR-5844-N-01] February 9, 2015; all provisions. HUD Notice, "Enforcement of Davis-Bacon Act wage requirements for projects participating in the second component of the Rental Assistance Demonstration program" December 23, 2015; all provisions. HUD Notice, "Violence Against Women Reauthorization Act of 2013: Implementation in HUD Housing Programs" [Docket No. FR-5720-P-02] March 25, 2015; all provisions of this HUD regulation, with emphasis on language concerning emergency housing transfers for victims of domestic violence claiming protection under VAWA. HUD Notice CPD-15-03, "Interim Policy on Maximum Per-unit Subsidy Limits for the HOME Program" March 17, 2015; all provisions. Final ruling and opinion in the Supreme Court case Texas Department of Housing and Community Affairs v. The Inclusive Communities Project, Inc. Policies relating to affordable housing development in housing finance reform efforts in Congress. All policies relating to Housing Assistance Payments (HAP) Contracts All policies relating to Project Rental Assistance Contracts (PRACs) All policies relating to funding and administration of the Housing Trust Fund. All policies relating to the release and implementation of the Affirmatively Furthering Fair Housing rule from HUD. All policies relating to Performance-Based Contract Administration. All policies relating to the resumption of Management and Occupancy Reviews (MORs). Policies relating to student occupancy requirements in properties assisted through HUD or the Low-Income Housing Tax Credit. Policies relating to Fair Value Accounting in federal estimates of housing programs. Department of Agriculture, Rural Housing Service Notice: Notice of Solicitation of Applications for the Section 533 Housing Preservation Grants for Fiscal Year 2016; all provisions Policies relating to USDA-RHS' Section 521 Rental Assistance; non-payment of rental assistance contracts by agency; submitted draft language to staff of the House Appropriations Subcommittee on Agriculture, Rural Development to reverse language in P.L. 113-235 (H.R. 83), the Consolidated and Further Continuing Appropriations Act, 2014, which bars Section 521 rental assistance contracts from being renewed within their 12-month contract period. Policies relating to management fee adjustments in Rural Development from 2010 to 2016; provisions relating of implementation of Operating Cost Adjustment Factors (OCAF) method. Rural Housing Service Final Rule Reserve Account. This rule amends regulation to change the requirements of the reserve account for direct Multifamily Housing (MFH) loans. [RIN 0575-AC99] June 17, 2015; all provisions. Rural Development Unnumbered Letter, "Management of Loan Payoffs for the Multi-Family Direct Loan Portfolio" January 16, 2015; all provisions. Rural Development Unnumbered Letter, "Guidance for Rural Development to Complete Area Market Rent Studies for the Rural Development Voucher Program" January 16, 2015; all provisions. Rural Development Unnumbered Letter, "Guidance on the Capital Needs Assessment (CNA) Process" March 13, 2015; all provisions. Offered recommendations in response to USDA-RHS' informal request for ideas to implement a performance-based management fee for apartments that receive Rural Rental Assistance. Advocated for policies to address ongoing occupancy issues, including prolonged vacancies, in properties that participate in USDA-RHS's Multifamily Housing programs. Advocated for policies to address improper payments in USDA-RHS's Section 521 Rural Rental Assistance program. All policies related to USDA Rural Development's Improper Payments Information Act (IPIA) audit for the Rental Assistance Program, Multi-Family Integrated System and its findings reviews, and rural housing preservation.

National Housing Trust Fund HR1662 - Common Sense Housing Investment Act of 2015 HOME and Section 8 Funds HR2577 - Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2016 S __ - Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2016 Employer-Assisted Housing HR480 - Housing America's Workforce Act Manufactured Housing HR650 - Preserving Access to Manufactured Housing Act of 2015 S682 - Preserving Access to Manufactured Housing Act of 2015 Rural Housing Provisions HR1259 - Helping Expand Lending Practices in Rural Communities Act S871 - HELP Rural Communities Act of 2015 HR __ - FY 2016 Agriculture Appropriations Bill Fair Value Accounting SConRes11 - An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2016 and setting forth the appropriate budgetary levels for fiscal years 2017 through 2025. HConRes27 - Establishing the budget for the United States Government for fiscal year 2016 and setting forth appropriate budgetary levels for fiscal years 2017 through 2025 Federal Assisted Housing Programs HR233 - Tenant Income Verification Relief Act of 2015 FHA Programs HR123 - FHA Alternative Credit Pilot Program Reauthorization Act of 2015 Conversations with the Department of Housing and Urban Development (HUD) on the FHA, Section 8 housing, vouchers, and fair housing. Discussions with US Department of Agriculture (USDA) on Section 502 loans, Section 515 rental housing, and Section 521 rental assistance. Discussions with the Veterans Administration (VA) on the VA home loan guarantee program.

Client expense: $7,520,000 · Firm income: Not reported

Specific lobbying issues Balanced Housing Policy Section 8 Reform Project -Based Voucher Programs Section 8 - Rental Assistance Reform Legislation Federal Affordable Housing Programs Federal Affordable Housing Energy Savings Programs White House Initiative to Increase Solar Access for All Americans H. R. 233, the Tenant Income Verification Relief Act of 2015 all provisions Disparate Impact H.R.1735 and S.1376, National Defense Authorization Act (NDAA) for Fiscal Year 2016 (Personnel, Family Housing) Military Housing Privatization Initiative / Basic Allowance for Housing FAA One Engine Inoperative Policy FAA Reauthorization Act H.R.365, To direct the Secretary of Transportation to conduct a notice and comment rulemaking before implementing certain policies relating to obstruction evaluation aeronautical studies, and for other purposes. H.R. 1491- Partnership to Strengthen Homeownership Act Housing Finance Proposals HUD Final Rule: Implementation of the Fair Housing Acts Discrimination Effects Federal Affordable Housing Programs HUD Fair Market Rents/Small Area Fair Rent Issues HUD Fiscal Year 2015 Area Median Income Limits (AMIs) HUD Multifamily Transformation Initiative HUD Small Multifamily Building Programs Rental Assistance Demonstration Program FHA Multifamily Programs GSE Reform: Proposals to ensure liquidity in multifamily mortgage market in a post Fannie Mae / Freddie Mac environment S. 280, the Federal Permitting Improvement Act of 2015 S. 1484, Financial Regulatory Improvement Act of 2015, Title VII- Taxpayer Protections and Market Access for Mortgage Finance, provisions relating to multifamily housing finance. FY 2016 Housing Appropriations - House and Senate: -H.R. 719, Continuing Appropriations Act, 2016 - H.R.2578 - Commerce, Justice, Science, and Related Agencies Appropriations Act, 2016, Appropriations for the Census/American Community Survey, Garrett disparate impact amendment. - H.R.2577 - Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2016 Transportation- All Housing Provisions, Garrett disparate impact amendment, Fair Value Accounting, - Schock payment standards amendment, Gosar Affirmatively Furthering Fair Housing amendment. - H.R.2685 - Department of Defense Appropriations Act, 2016 - H.R.2029 - Military Construction and Veterans Affairs and Related Agencies Appropriations Act, 2016, Military Construction appropriations -FY 2016 Agriculture Appropriations bill, Rural Housing Service (RHS), Housing issues, Section, 521 RA programs -H.R.3020 - Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2016, - Appropriations for data on labor, employment, American productivity statistics and information on economy and workforce funding. - HOME Investment Partnerships (HOME) program funding as it relates to the Low Income Housing Tax Credit Program (requested Congress to restore HOME funding to at least the level of $.06 billion contained in the Administrations FY2016 budget request.) FY2015/FY2016 Budget House and Senate: -Funding for the U.S. Census Bureau- Census/American Community Survey -Funding for the U.S. Bureau of Labor Statistics-data on labor, employment, American productivity statistics and information on economy and workforce funding - Funding for Housing - Transportation Housing Urban Development -H.R. 2482, the Preservation, Enhancement and Savings Opportunity Act of 2014. The bill provides technical changes to the Low Income Housing Preservation and Resident Homeownership Act of 1990 (LIHPRHA) while ensuring long-term preservation of these affordable multifamily housing properties. -HUD Proposal: Docket # FR 5855-A-01 Establishing a More Effective Fair Market Rent (FMR) System; Using Small Area Fair Market Rents (SAFMR) in Housing Choice Voucher program Instead of the Current 50th Percentile FMRs -H.R. 3700, the Housing Opportunity Through Modernization Act of 2015, all provisions -HUD Proposal: Docket No. FR-5885-N-01 - Proposed Fair Market Rents for the Housing Choice Voucher Program, Moderate Rehabilitation Single Room Occupancy Program and Other Programs; Fiscal Year 2016 Notice of Proposed Fiscal Year (FY) 2016 Fair Market Rents (FMRs) -HUD Proposal: Docket No. FR-5855-A-01 - Establishing a More Effective Fair Market Rent (FMR) System; Using Small Area Fair Market Rents (SAFMRs) in Housing Choice Voucher Program Instead of the Current 50th Percentile FMRs; Advanced Notice of Proposed Rulemaking - Comments submitted to the United States Department of Agriculture (USDA) Rural Housing Rental Assistance Agreements related to the Continuing Resolution/Funding. - HUD Proposal: Docket No. FR-5173-N-08 - Commented on Affirmatively Furthering Fair Housing Assessment Tool - H.R. 2997, Private Investment in Housing Act, all provisions - FHFA Comments: Commented on the Federal Housing Finance Agency (FHFA) multifamily production cap on the Government-Sponsored Enterprises (GSEs), Fannie Mae and Freddie Mac - H.R. 2243, the Equity in Government Compensation Act of 2015, all provisions -S. 2038, Jumpstart GSE Reform Act, all provisions -Violence Against Women Act -Proposals to expand the availability of affordable and workforce housing -S. 2006 the Regulatory Accountability Act of 2015 -Reviewed proposals for the sharing economy H.R.777, ADA Notification Act of 2013 H.R.241, ACCESS (ADA Compliance for Customer Entry to Stores and Services) Act of 2015

H.R. 101, Home Foreclosure Reduction Act of 2015 H.R. 189, Service member Foreclosure Protections Extension Act of 2015 H.R. 190 Making Service member Foreclosure Protections Permanent Act H.R. 233 Tenant Income Verification Relief Act of 2015 H.R. 574 To prohibit contributions by Fannie Mae and Freddie Mac to the Housing Trust Fund and the Capital Market Fund while such enterprises are in conservatorship or receivership, and for other purposes. H.R. 576 To amend the definition of "homeless person" under the McKinney-Vento Homeless Assistance Act to include certain homeless children and youth, and for other purposes. H.R. 650, To amend the Truth in Lending Act to modify the definitions of a mortgage originator and a high-cost mortgage. H.R. 1001, To amend the Internal Revenue Code of 1986 to terminate certain energy tax subsidies and lower the corporate income tax rate. H.R. 1297, To amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act to provide assistance for housing cooperatives damaged by a major disaster, to provide relief to homeowners affected by major disasters who have mortgages insured by the FHA or owned or guaranteed by Fannie Mae or Freddie Mac, and for other purposes. H.R. 1354, Permanently Protecting Tenants at Foreclosure Act of 2015 H.R. 1491, Partnership to Strengthen Homeownership Act of 2015 H.R. 1577, Fannie Mae and Freddie Mac Transparency Act of 2015 H.R. 2997, "Private Investment in Housing Act of 2015" H.R. 3700, To provide housing opportunities in the United States through modernization of various housing programs, and for other purposes. S. 65, Moving to Work Charter Program Act of 2015 S. 256, Homeless Children and Youth Act of 2015 S. 351, A bill to prevent homeowners from being forced to pay taxes on forgiven mortgage loan debt. S. 495, A bill to revoke the charters for the Federal National Mortgage Corporation and the Federal Home Loan Mortgage Corporation upon resolution of their obligations, to create a new Mortgage Finance Agency for the securitization of single family and multifamily mortgages, and for other purposes. S. 730, Permanently Protecting Tenants at Foreclosure Act of 2015 S.752, A bill to establish a scorekeeping rule to ensure that increases in guarantee fees of Fannie Mae and Freddie Mac shall not be used to offset provisions that increase the deficit.

Public Law (PL) No: 114-53 (H.R. 719): Continuing appropriations Act, 2016. This bill is a temporary continuing resolution (CR) which will fund the federal government for fiscal year (FY) 2016 at the same funding as FY 2015 until December 11, 2015; provisions related to (Sec. 117): Provides USDA with funding flexibility to pay ongoing debt service for multi-family direct loan program rental assistance contracts under sections 514 and 515 of the Housing Act of 1949. Permits the renewal during the duration of the CR of rental assistance contracts entered into or renewed in 2015 that exhausted funds within the 12-month contract period. P.L. 113-235 (H.R. 83): the Consolidated and Further Continuing Appropriations Act, 2014; all provisions relating to funding for federal affordable housing programs in FY 2015. H.R. 2997: Private Investment in Housing Act, 2015. This bill would allow HUD to establish a demonstration program under which, in FY 2016 through FY 2019, HUD may execute budget-neutral, performance-based agreements (for up to 12 years each) that result in a reduction in energy or water costs; all provisions H.R. 1047: Housing Assistance Efficiency Act of 2015. This bill would amend the McKinney-Vento Homeless Assistance Act to allow a private nonprofit organization to administer permanent housing rental assistance provided through the Continuum of Care Program; all provisions H.R. 233: The Tenant Income Verification Relief Act of 2015. This bill would allow income reviews for fixed-income families to be completed every three years rather than the current annual inspection used to determine assisted housing program eligibility; all provisions S. 2012: Energy Policy Modernization Act of 2015. This bill would create a demonstration program under which the Secretary of HUD may enter into agreements with multifamily property owners that result in a reduction in energy or water costs; all provisions S. 1412: Housing for Homeless Students Act of 2015. A bill to qualify homeless youth and veterans who are full-time students for purposes of the low income housing tax credit; all provisions S.1139: Improving the Low Income Housing Tax Credit Rate Act of 2015. This bill would make permanent a 9 percent minimum rate for new housing projects and a 4 percent rate for acquiring existing housing for rehabilitation; all provisions S.1909: Local Zoning Decisions Protection Act, 2015. A bill which would prevent any federal funding for implementing HUDs final rule Affirmatively Furthering Fair Housing; all provisions H.R. 1142: To amend the Internal Revenue Code of 1986 to make permanent and expand the temporary minimum credit rate for the low-income housing tax credit. This bill would make permanent a 9 percent minimum rate for new housing projects and 4 percent rate for acquiring existing housing for rehabilitation; all provisions H.R. 1995: the Local Zoning and Property Rights Protection Act of 2015. This bill would prohibit HUD from implementing its proposed rule entitled Affirmatively Furthering Fair Housing; all provisions President Obama Executive Order 13690: The Federal Flood Risk Management Standard for federal agencies; all provisions which impact multifamily housing properties financed through the Federal Housing Administration (FHA) HUD Advanced Notice of Proposed Rulemaking [Docket No. FR-5855-A-01]: Establishing a More Effective Fair Market Rent (FMR) System; Using Small Area Fair Market Rents (SAFMRs) in Housing Choice Voucher Program Instead of the Current 50th Percentile FMRs; all provisions HUD Final Notice [Docket No. FR-5728-N-02]: Federal Housing Administration (FHA): Small Building Risk Sharing Initiative; all provisions HUD Notice [Docket No. FR-5173-N-05]: Affirmatively Furthering Fair Housing Assessment Tool: Solicitation of Comment-30-Day Notice Under Paperwork Reduction Act of 1995; all provisions HUD Final Rule: Affirmatively Furthering Fair Housing [Docket No. FR-5173-F-04] RIN 2501-AD33; all provisions HUD Transmittal issued 8/7/15: Section 8 Renewal Policy Guidebook; all sections HUD Initiative "Transforming Multifamily for the 21st Century"; all provisions. HUD Draft FHA Multifamily Accelerated Processing (MAP) Guide; all provisions relating to federally assisted multifamily housing in chapters 1.5, 3, 3.6.C, 3.7.V, 3.8, 5, 5.2, 5.3, 5.10.L.5, 7.1, 7.8, 14.7, 18.3. HUD Notice H 2015-04, "Methodology for Completing a Multifamily Housing Utility Analysis" June 22, 2015; all provisions. HUD Memorandum: "Age Restrictions in FHA Insured Housing"; all provisions. HUD Memorandum: Clarification of Policy Surrounding Interest Rate Reductions April 20, 205; all provisions. HUD Notice PIH 2012-32 (HA), REV-2, Rental Assistance Demonstration - Final Implementation, Revision 2 June 15, 2015; all provisions. HUD Notice, "Affirmatively Furthering Fair Housing: Re-Opening Public Comment Period on Subject of Later First AFH Submission Date for Certain Entities" [Docket No. FR-5173-N-03] January 15, 2015; all provisions. HUD Notice, "Streamlining Administrative Regulations for Public Housing, Housing Choice Voucher, Multifamily Housing, and Community Planning and Development Programs" [Docket No. FR 5743-P-01] January 6, 2015; all provisions with emphasis on vacancy payments. HUD Proposed Rule, "Supportive Housing and Services for the Elderly and Persons With Disabilities: Implementing Statutory Reforms-Reopening of Public Comment" [Docket No. FR-5576-N-02], Dec 11, 2014; all provisions. HUD Notice, "Applicability of Davis-Bacon Labor Requirements to Projects Selected as Existing Housing Under the Section 8 Project-Based Voucher Program- Guidance" [Docket No. FR-5242-N-03] March 9, 2015; all provisions. HUD Memorandum, "Use of Marijuana in Multifamily Assisted Properties" December 29, 2014; all provisions. HUD Memorandum, "Occupancy Protections for HUD-Assisted Households in Properties with Low-Income Housing Tax Credits" January 12, 2015; all provisions. HUD Notice, "Streamlining Management and Occupancy Reviews for Section 8 Housing Assistance Programs and Amending Vacancy Payments for Section 8 and Section 162 Housing Assistance Programs" [Docket No. FR-5654-P-01] January 14, 2015; all provisions. HUD Notice, "Section 8 Housing Assistance Programs Proposed Management and Occupancy Review Schedule" [Docket No. FR-5654-N-02] January 14, 2015; all provisions. HUD Notice, "HUD Approval of Requests for Transfers of Multifamily Housing Project-Based Rental Assistance, HUD Held or Insured Debt, and Income-Based Use Restrictions" [Docket No. FR-5779-N-01] March 31, 2015; all provisions. HUD Notice, "Section 8 Housing Assistance Payments Program-Annual Adjustment Factors, Fiscal Year 2015" [Docket No. FR-5844-N-01] February 9, 2015; all provisions. HUD Notice, "Enforcement of Davis-Bacon Act wage requirements for projects participating in the second component of the Rental Assistance Demonstration program" December 23, 2015; all provisions. HUD Notice, "Violence Against Women Reauthorization Act of 2013: Implementation in HUD Housing Programs" [Docket No. FR-5720-P-02] March 25, 2015; all provisions of this HUD regulation, with emphasis on language concerning emergency housing transfers for victims of domestic violence claiming protection under VAWA. HUD Notice CPD-15-03, "Interim Policy on Maximum Per-unit Subsidy Limits for the HOME Program" March 17, 2015; all provisions. Final ruling and opinion in the Supreme Court case Texas Department of Housing and Community Affairs v. The Inclusive Communities Project, Inc. Policies relating to affordable housing development in housing finance reform efforts in Congress. All policies relating to Housing Assistance Payments (HAP) Contracts All policies relating to Project Rental Assistance Contracts (PRACs) All policies relating to funding and administration of the Housing Trust Fund. All policies relating to the release and implementation of the Affirmatively Furthering Fair Housing rule from HUD. All policies relating to Performance-Based Contract Administration. All policies relating to the resumption of Management and Occupancy Reviews (MORs). Policies relating to student occupancy requirements in properties assisted through HUD or the Low-Income Housing Tax Credit. Policies relating to Fair Value Accounting in federal estimates of housing programs. Policies relating to USDA-RHS' Section 521 Rental Assistance; non-payment of rental assistance contracts by agency; submitted draft language to staff of the House Appropriations Subcommittee on Agriculture, Rural Development to reverse language in P.L. 113-235 (H.R. 83), the Consolidated and Further Continuing Appropriations Act, 2014, which bars Section 521 rental assistance contracts from being renewed within their 12-month contract period. Policies relating to management fee adjustments in Rural Development from 2010 to 2016; provisions relating of implementation of Operating Cost Adjustment Factors (OCAF) method. Rural Housing Service Final Rule Reserve Account. This rule amends regulation to change the requirements of the reserve account for direct Multifamily Housing (MFH) loans. [RIN 0575-AC99] June 17, 2015; all provisions. Rural Development Unnumbered Letter, "Management of Loan Payoffs for the Multi-Family Direct Loan Portfolio" January 16, 2015; all provisions. Rural Development Unnumbered Letter, "Guidance for Rural Development to Complete Area Market Rent Studies for the Rural Development Voucher Program" January 16, 2015; all provisions. Rural Development Unnumbered Letter, "Guidance on the Capital Needs Assessment (CNA) Process" March 13, 2015; all provisions. Offered recommendations in response to USDA-RHS' informal request for ideas to implement a performance-based management fee for apartments that receive Rural Rental Assistance. Advocated for policies to address ongoing occupancy issues, including prolonged vacancies, in properties that participate in USDA-RHS's Multifamily Housing programs. Advocated for policies to address improper payments in USDA-RHS's Section 521 Rural Rental Assistance program. All policies related to USDA Rural Development's Improper Payments Information Act (IPIA) audit for the Rental Assistance Program, Multi-Family Integrated System and its findings reviews, and rural housing preservation.

Balanced Housing Policy Section 8 Reform Project -Based Voucher Programs Section 8 - Rental Assistance Reform Legislation Federal Affordable Housing Programs H. R. 233, the Tenant Income Verification Relief Act of 2015 all provisions Commented on a proposal that would shift the accounting methods for federal loan and guarantee programs to fair value accounting from the current program based on the Federal Credit Reform Act of 1990 (FCRA) Disparate Impact H.R.1735 and S.1376, National Defense Authorization Act (NDAA) for Fiscal Year 2016 (Personnel, Family Housing) Military Housing Privatization Initiative / Basic Allowance for Housing FAA One Engine Inoperative Policy FAA Reauthorization Act H.R.365, To direct the Secretary of Transportation to conduct a notice and comment rulemaking before implementing certain policies relating to obstruction evaluation aeronautical studies, and for other purposes. H.R. 1491- Partnership to Strengthen Homeownership Act Housing Finance Proposals HUD Final Rule: Implementation of the Fair Housing Acts Discrimination Effects Federal Affordable Housing Programs HUD Fair Market Rents/Small Area Fair Rent Issues HUD Fiscal Year 2015 Area Median Income Limits (AMIs) HUD Multifamily Transformation Initiative HUD Small Multifamily Building Programs Rental Assistance Demonstration Program FHA Multifamily Programs GSE Reform: Proposals to ensure liquidity in multifamily mortgage market in a post Fannie Mae / Freddie Mac environment S. 280, the Federal Permitting Improvement Act of 2015 S. 1484, Financial Regulatory Improvement Act of 2015, Title VII- Taxpayer Proections and Market Access for Mortgage Finance, provisions relating to multifamily housing finance. FY 2016 Housing Appropriations - House and Senate: - H.R.2578 - Commerce, Justice, Science, and Related Agencies Appropriations Act, 2016, Appropriations for the Census/American Community Survey, Garrett disparate impact amendment. - H.R.2577 - Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2016 Transportation- All Housing Provisions, Garrett disparate impact amendment, Fair Value Accounting, - Schock payment standards amendment, Gosar Affirmatively Furthering Fair Housing amendment. - H.R.2685 - Department of Defense Appropriations Act, 2016 - H.R.2029 - Military Construction and Veterans Affairs and Related Agencies Appropriations Act, 2016, Military Construction appropriations - Federal Credit Reform Act- Commented on a proposal that would shift the accounting methods for federal loan and guarantee programs to fair value accounting from the current program based on the Federal Credit Reform Act of 1990 (FCRA) -FY 2016 Agriculture Appropriations bill, Rural Housing Service (RHS), Housing issues, Section, 521 RA programs -H.R.3020 - Departments of Labor, Health and Human Services, and Education, and Related Agencies Appropriations Act, 2016, - Appropriations for data on labor, employment, American productivity statistics and information on economy and workforce funding. FY2015/FY2016 Budget House and Senate -Funding for the U.S. Census Bureau- Census/American Community Survey -Funding for the U.S. Bureau of Labor Statistics-data on labor, employment, American productivity statistics and information on economy and workforce funding - Funding for Housing - Transportation Housing Urban Development - Federal Credit Reform Act- Commented on a proposal that would shift the accounting methods for federal loan and guarantee programs to fair value accounting from the current program based on the Federal Credit Reform Act of 1990 (FCRA) -H.R. 2482, the Preservation, Enhancement and Savings Opportunity Act of 2014. The bill provides technical changes to the Low Income Housing Preservation and Resident Homeownership Act of 1990 (LIHPRHA) while ensuring long-term preservation of these affordable multifamily housing properties. -HUD Proposal: Docket # FR 5855-A-01 Establishing a More Effective Fair Market Rent (FMR) System; Using Small Area Fair Market Rents (SAFMR) in Housing Choice Voucher program Instead of the Current 50th Percentile FMRs -HUD Proposal: 24 CFR Parts 5, 92, 200, et al., Violence Against Women Reauthorization Act of 2013: Implementation in HUD Housing Programs; Proposed Rule

National Housing Trust Fund HR1662 - Common Sense Housing Investment Act of 2015 HOME and Section 8 Funds HR2577 - Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2016 S __ - Transportation, Housing and Urban Development, and Related Agencies Appropriations Act, 2016 Employer-Assisted Housing HR480 - Housing America's Workforce Act Manufactured Housing HR650 - Preserving Access to Manufactured Housing Act of 2015 S682 - Preserving Access to Manufactured Housing Act of 2015 Rural Housing Provisions HR1259 - Helping Expand Lending Practices in Rural Communities Act S871 - HELP Rural Communities Act of 2015 HR __ - FY 2016 Agriculture Appropriations Bill Fair Value Accounting SConRes11 - An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2016 and setting forth the appropriate budgetary levels for fiscal years 2017 through 2025. HConRes27 - Establishing the budget for the United States Government for fiscal year 2016 and setting forth appropriate budgetary levels for fiscal years 2017 through 2025 Federal Assisted Housing Programs HR233 - Tenant Income Verification Relief Act of 2015 Conversations with the Department of Housing and Urban Development (HUD) on the FHA and Section 8 housing. Discussions with US Department of Agriculture (USDA) on rural housing programs, Section 502 loans, and rural multifamily housing. Discussions with the Veterans Administration (VA) on the VA home loan program.

Client expense: $8,180,000 · Firm income: Not reported

H.R. 101, Home Foreclosure Reduction Act of 2015 H.R. 189, Service member Foreclosure Protections Extension Act of 2015 H.R. 190, Making Service member Foreclosure Protections Permanent Act H.R. 233, Tenant Income Verification Relief Act of 2015 H.R. 574, To prohibit contributions by Fannie Mae and Freddie Mac to the Housing Trust Fund and the Capital Market Fund while such enterprises are in conservatorship or receivership, and for other purposes. H.R. 576, To amend the definition of "homeless person" under the McKinney-Vento Homeless Assistance Act to include certain homeless children and youth, and for other purposes H.R. 650, To amend the Truth in Lending Act to modify the definitions of a mortgage originator and a high-cost mortgage H.R. 1001, To amend the Internal Revenue Code of 1986 to terminate certain energy tax subsidies and lower the corporate income tax rate H.R. 1297, To amend the Robert T. Stafford Disaster Relief and Emergency Assistance Act to provide assistance for housing cooperatives damaged by a major disaster, to provide relief to homeowners affected by major disasters who have mortgages insured by the FHA or owned or guaranteed by Fannie Mae or Freddie Mac, and for other purposes H.R. 1354, Permanently Protecting Tenants at Foreclosure Act of 2015 H.R. 1491, Partnership to Strengthen Homeownership Act of 2015 H.R. 1577, Fannie Mae and Freddie Mac Transparency Act of 2015 S. 65, Moving to Work Charter Program Act of 2015 S. 256, Homeless Children and Youth Act of 2015 S. 351, A bill to prevent homeowners from being forced to pay taxes on forgiven mortgage loan debt S. 495, A bill to revoke the charters for the Federal National Mortgage Corporation and the Federal Home Loan Mortgage Corporation upon resolution of their obligations, to create a new Mortgage Finance Agency for the securitization of single family and multifamily mortgages, and for other purposes S. 730, Permanently Protecting Tenants at Foreclosure Act of 2015 S.752, A bill to establish a scorekeeping rule to ensure that increases in guarantee fees of Fannie Mae and Freddie Mac shall not be used to offset provisions that increase the deficit

H.R. 233: The Tenant Income Verification Relief Act of 2015. This bill would allow income reviews for fixed-income families to be completed every three years rather than the current annual inspection used to determine assisted housing program eligibility; all provisions S. 1412: Housing for Homeless Students Act of 2015. A bill to qualify homeless youth and veterans who are full-time students for purposes of the low income housing tax credit; all provisions S.1139: Improving the Low Income Housing Tax Credit Rate Act of 2015. This bill would make permanent a 9 percent minimum rate for new housing projects and a 4 percent rate for acquiring existing housing for rehabilitation; all provisions H.R. 1142: To amend the Internal Revenue Code of 1986 to make permanent and expand the temporary minimum credit rate for the low-income housing tax credit. This bill would make permanent a 9 percent minimum rate for new housing projects and 4 percent rate for acquiring existing housing for rehabilitation; all provisions H.R. 1995: the Local Zoning and Property Rights Protection Act of 2015. This bill would prohibit HUD from implementing its proposed rule entitled Affirmatively Furthering Fair Housing; all provisions HUD Initiative "Transforming Multifamily for the 21st Century"; all provisions. HUD Draft FHA Multifamily Accelerated Processing (MAP) Guide; all provisions relating to federally assisted multifamily housing in chapters 1.5, 3, 3.6.C, 3.7.V, 3.8, 5, 5.2, 5.3, 5.10.L.5, 7.1, 7.8, 14.7, 18.3. HUD Notice H 2015-04, "Methodology for Completing a Multifamily Housing Utility Analysis" June 22, 2015; all provisions. HUD Memorandum, Clarification of Policy Surrounding Interest Rate Reductions April 20, 205; all provisions. HUD Notice PIH 2012-32 (HA), REV-2, Rental Assistance Demonstration - Final Implementation, Revision 2 June 15, 2015; all provisions. HUD Notice, "Affirmatively Furthering Fair Housing: Re-Opening Public Comment Period on Subject of Later First AFH Submission Date for Certain Entities" [Docket No. FR-5173-N-03] January 15, 2015; all provisions. HUD Notice, "Streamlining Administrative Regulations for Public Housing, Housing Choice Voucher, Multifamily Housing, and Community Planning and Development Programs" [Docket No. FR 5743-P-01] January 6, 2015; all provisions. HUD Notice PIH 2015-03, "Implementation of the Federal Fiscal Year (FFY) 2015 Funding Provisions for the Housing Choice Voucher Program" February 27, 2015; all provisions HUD Proposed Rule, "Supportive Housing and Services for the Elderly and Persons With Disabilities: Implementing Statutory Reforms-Reopening of Public Comment" [Docket No. FR-5576-N-02], Dec 11, 2014; all provisions. HUD Notice, "Applicability of Davis-Bacon Labor Requirements to Projects Selected as Existing Housing Under the Section 8 Project-Based Voucher Program- Guidance" [Docket No. FR-5242-N-03] March 9, 2015; all provisions. HUD Memorandum, "Use of Marijuana in Multifamily Assisted Properties" December 29, 2014; all provisions. HUD Memorandum, "Occupancy Protections for HUD-Assisted Households in Properties with Low-Income Housing Tax Credits" January 12, 2015; all provisions. HUD Notice, "Streamlining Management and Occupancy Reviews for Section 8 Housing Assistance Programs and Amending Vacancy Payments for Section 8 and Section 162 Housing Assistance Programs" [Docket No. FR-5654-P-01] January 14, 2015; all provisions. HUD Notice, "Section 8 Housing Assistance Programs Proposed Management and Occupancy Review Schedule" [Docket No. FR-5654-N-02] January 14, 2015; all provisions. HUD Notice, "HUD Approval of Requests for Transfers of Multifamily Housing Project-Based Rental Assistance, HUD Held or Insured Debt, and Income-Based Use Restrictions" [Docket No. FR-5779-N-01] March 31, 2015; all provisions. HUD Memorandum, "Affordable Housing Clarifications" Multifamily housing financing clarifications and policy updates January 30, 2015; all provisions. HUD Notice, "Section 8 Housing Assistance Payments Program-Annual Adjustment Factors, Fiscal Year 2015" [Docket No. FR-5844-N-01] February 9, 2015; all provisions. HUD Notice, "Rental Assistance Demonstration (RAD)-Updated Application Review and Commitments To Enter Into Housing Assistance Payment Contracts (CHAPs) Issuance Process for First Component RAD Transactions" [Docket No. FR-5630-N-06] January 29, 2015; all provisions. HUD Notice, "Enforcement of Davis-Bacon Act wage requirements for projects participating in the second component of the Rental Assistance Demonstration program" December 23, 2015; all provisions. HUD Notice, "Notice of Intent To Conduct a Violence Against Women Act (VAWA) and Housing Opportunities for Persons With AIDS (HOPWA) Project Demonstration" [Docket No. FR-5853-N-01] March 13, 2015; all provisions. HUD Notice, "Violence Against Women Reauthorization Act of 2013: Implementation in HUD Housing Programs" [Docket No. FR-5720-P-02] March 25, 2015; all provisions of this HUD regulation, with emphasis on language concerning emergency housing transfers for victims of domestic violence claiming protection under VAWA. HUD Notice CPD-15-03, "Interim Policy on Maximum Per-unit Subsidy Limits for the HOME Program" March 17, 2015; all provisions. Information relating to the Supreme Court case Texas Department of Housing and Community Affairs v. The Inclusive Communities Project, Inc. All policies relating to the release and implementation of the Affirmatively Furthering Fair Housing rule from HUD. All policies relating to Performance-Based Contract Administration. All policies relating to the resumption of Management and Occupancy Reviews (MORs). Policies relating to student occupancy requirements in properties assisted through HUD or the Low-Income Housing Tax Credit. Policies relating to Fair Value Accounting in federal estimates of housing programs. Rural Housing Service Final Rule Reserve Account. This rule amends regulation to change the requirements of the reserve account for direct Multifamily Housing (MFH) loans. [RIN 0575-AC99] June 17, 2015; all provisions. Rural Development Notice HB-2-3650, "Fiscal Year 2015 Per Occupied Unit Per Month State Maximum Management Fee" October 24, 2014; all provisions. Rural Development Unnumbered Letter, "Management of Loan Payoffs for the Multi-Family Direct Loan Portfolio" January 16, 2015; all provisions. Rural Development Unnumbered Letter, "Guidance for Rural Development to Complete Area Market Rent Studies for the Rural Development Voucher Program" January 16, 2015; all provisions. Rural Development Unnumbered Letter, "Fiscal Year 2015 Site Manager and Maintenance Person of the Year Recognition Program" March 13, 2015; all provisions. Rural Development Unnumbered Letter, "Guidance on the Capital Needs Assessment (CNA) Process" March 13, 2015; all provisions. Offered recommendations in response to USDA-RHS' informal request for ideas to implement a performance-based management fee for apartments that receive Rural Rental Assistance. Advocated for policies to address ongoing occupancy issues, including prolonged vacancies, in properties that participate in USDA-RHS's Multifamily Housing programs. Advocated for policies to address improper payments in USDA-RHS's Section 521 Rural Rental Assistance program. All policies related to USDA Rural Development's Improper Payments Information Act (IPIA) audit for the Rental Assistance Program, Multi-Family Integrated System and its findings reviews, and rural housing preservation. Rural Development Administrative Notice No.4778 (1944-N), "Implementation of 42 U.S.C. 14043e-11 of the Violence Against Women Reauthorization Act in Rural Developments Multi-Family Housing Programs" January 5, 2015; all provisions in this administrative notice, with emphasis placed on conflicting VAWA regulations between Rural Development and HUD.

3/24/2015: IREM signed onto letter urging the House of Representatives to vote in support of H.R. 233, the "Tenant Income Verification Act of 2015." 3/24/2015: IREM signed onto letter urging Senator Susan Collins and Senator John Reed to consider the full funding of the Section 8 Project-Based Rental Assistance program. 3/15/2015: IREM submitted comments to the Department of Housing and Urban Development regarding docket: FR-5654-P-01 Streamlining Management and Occupancy Reviews for Section 8 Housing Assistance Programs and Amending Vacancy Payments for Section 8 and Section 162 Housing Assistance Programs

Client expense: $10,000 · Firm income: Not reported

Government targets: HOUSE OF REPRESENTATIVES, Housing & Urban Development, Dept of (HUD), SENATE

Employer-Assisted Housing HR480 - Housing America's Workforce Act Manufactured Housing HR650 - Preserving Access to Manufactured Housing Act of 2015 S682 - Preserving Access to Manufactured Housing Act of 2015 Rural Housing Provisions HR1259 - Helping Expand Lending Practices in Rural Communities Act S871 - HELP Rural Communities Act of 2015 Fair Value Accounting SConRes11 - An original concurrent resolution setting forth the congressional budget for the United States Government for fiscal year 2016 and setting forth the appropriate budgetary levels for fiscal years 2017 through 2025. HConRes27 - Establishing the budget for the United States Government for fiscal year 2016 and setting forth appropriate budgetary levels for fiscal years 2017 through 2025 Federal Assisted Housing Programs HR233 - Tenant Income Verification Relief Act of 2015 Discussions with Congress about the Rural Housing Service Section 502 Loans. Conversations with the Department of Housing and Urban Development (HUD) on the FHA and federally assisted housing. Discussions with US Department of Agriculture (USDA) on rual housing programs. Discussions with the Veterans Administration (VA) on the VA home loan program.

Client expense: $7,700,000 · Firm income: Not reported

Balanced Housing Policy Section 8 Reform Project -Based Voucher Programs Section 8 - Rental Assistance Reform Legislation Federal Affordable Housing Programs H. R. 233, the Tenant Income Verification Relief Act of 2015 all provisions HUD Proposed Rule: 24 CFR Parts 5, 92, 200, et al. Violence Against Women Reauthorization Act of 2013: Implementation in HUD Housing Programs; Proposed Rule HUD Proposed Rule: Streamlining Administrative Regulations for Public Housing, Housing Choice Voucher, Multifamily Housing, and Community Planning and Development Programs 24 CFR Parts 5, 574, 960, 966, 982, 983, and 990 [Docket No. FR 5743-P-01] RIN 2506-AC38 Department of Agriculture's Rural Housing Service: Guidelines for carrying out the Violence Against Women Act. RD AN 4778 Commented on a proposal that would shift the accounting methods for federal loan and guarantee programs to fair value accounting from the current program based on the Federal Credit Reform Act of 1990 (FCRA) H.R.777, ADA Notification Act of 2013 H.R.241, ACCESS (ADA Compliance for Customer Entry to Stores and Services) Act of 2015 National Defense Authorization Act (NDAA) for Fiscal Year 2016 (Personnel, Family Housing) Military Housing Privatization Initiative / Basic Allowance for Housing FAA One Engine Inoperative Policy H.R.365, To direct the Secretary of Transportation to conduct a notice and comment rulemaking before implementing certain policies relating to obstruction evaluation aeronautical studies, and for other purposes. H.R. 1491- Housing Finance Reform Proposals Partnership to Strengthen Homeownership Act HUD Final Rule: Implementation of the Fair Housing Acts Discrimination Effects Federal Affordable Housing Programs HUD Fair Market Rents/Small Area Fair Rent Issues HUD Fiscal Year 2015 Area Median Income Limits (AMIs) HUD Multifamily Transformation Initiative HUD Small Multifamily Building Programs HUD MAP Guide Rental Assistance Demonstration Program FHA Multifamily Programs GSE Reform: Proposals to ensure liquidity in multifamily mortgage market in a post Fannie Mae / Freddie Mac environment FY 2015/2016 Housing Appropriations: - Commerce Science Justice- Census/American Community Survey - Transportation Housing Urban Development- All Housing Provisions - Defense Appropriations -Military Construction appropriations - Federal Credit Reform Act- Commented on a proposal that would shift the accounting methods for federal loan and guarantee programs to fair value accounting from the current program based on the Federal Credit Reform Act of 1990 (FCRA) - Labor, Health and Human Services, Education, and Related Agencies-U.S. Bureau of Labor Statistics- data on labor, employment, American productivity statistics and information on economy and workforce funding. FY2015/FY2016 Budget -Funding for the U.S. Census Bureau- Census/American Community Survey -Funding for the U.S. Bureau of Labor Statistics-data on labor, employment, American productivity statistics and information on economy and workforce funding - Funding for Housing - Transportation Housing Urban Development - Federal Credit Reform Act- Commented on a proposal that would shift the accounting methods for federal loan and guarantee programs to fair value accounting from the current program based on the Federal Credit Reform Act of 1990 (FCRA)

H.R. 233: The Tenant Income Verification Relief Act of 2015. Introduced by Representatives Ed Perlmutter (D-CO) and Steve Stivers (R-OH) on 1/8/15. This bill would allow income reviews for fixed-income families to be completed every three years rather than the current annual inspection used to determine assisted housing program eligibility; all provisions S.1442: Improving the Low Income Housing Tax Credit Rate Act of 2014. This bill would make permanent a 9 percent minimum rate for new housing projects and 4 percent rate for acquiring existing housing for rehabilitation; all provisions H.R. 1142: To amend the Internal Revenue Code of 1986 to make permanent and expand the temporary minimum credit rate for the low-income housing tax credit. This bill would make permanent a 9 percent minimum rate for new housing projects and 4 percent rate for acquiring existing housing for rehabilitation; all provisions S.1217 - Housing Finance Reform and Taxpayer Protection Act of 2013: A bill to provide secondary mortgage market reform, and for other purposes; all provisions. HUD Initiative "Transforming Multifamily for the 21st Century"; all provisions. HUD Notice, "Affirmatively Furthering Fair Housing:Re-Opening Public Comment Period on Subject of Later First AFH Submission Date for Certain Entities" [Docket No. FR-5173-N-03] January 15, 2015; all provisions HUD Notice, "Streamlining Administrative Regulations for Public Housing,Housing Choice Voucher, Multifamily Housing, and Community Planning and Development Programs" [Docket No. FR 5743-P-01] January 6, 2015; all provisions HUD Notice PIH 2015-03, "Implementation of the Federal Fiscal Year (FFY) 2015 Funding Provisions for the Housing Choice Voucher Program" February 27, 2015; all provisions HUD Proposed Rule,"Supportive Housing and Services for the Elderly and Persons With Disabilities:Implementing Statutory Reforms-Reopening of Public Comment" [Docket No. FR-5576-N-02], Dec 11, 2014; all provisions HUD Notice, "Applicability of Davis-Bacon Labor Requirements to Projects Selected as Existing Housing Under the Section 8 Project-Based Voucher Program- Guidance" [Docket No. FR-5242-N-03] March 9, 2015; all provisions HUD Memorandum, "Use of Marijuana in Multifamily Assisted Properties" December 29, 2014; all provisions HUD Memorandum, "Occupancy Protections for HUD-Assisted Households in Properties with Low-Income Housing Tax Credits" January 12, 2015; all provisions HUD Notice, "Streamlining Management and Occupancy Reviews for Section 8 Housing Assistance Programs and Amending Vacancy Payments for Section 8 and Section 162 Housing Assistance Programs" [Docket No. FR-5654-P-01] January 14, 2015; all provisions HUD Notice, "Section 8 Housing Assistance Programs Proposed Management and Occupancy Review Schedule" [Docket No. FR-5654-N-02] January 14, 2015; all provisions HUD Notice, "HUD Approval of Requests for Transfers of Multifamily Housing Project-Based Rental Assistance, HUD Held or Insured Debt, and Income-Based Use Restrictions" [Docket No. FR-5779-N-01] March 31, 2015; all provisions HUD Memorandum, "Affordable Housing Clarifications" Multifamily housing financing clarifications and policy updates January 30, 2015; all provisions HUD Notice, "Section 8 Housing Assistance Payments Program-Annual Adjustment Factors, Fiscal Year 2015" [Docket No. FR-5844-N-01] February 9, 2015; all provisions HUD Notice, "Rental Assistance Demonstration (RAD)-Updated Application Review and Commitments To Enter Into Housing Assistance Payment Contracts (CHAPs) Issuance Process for First Component RAD Transactions" [Docket No. FR-5630-N-06] January 29, 2015; all provisions HUD Notice, "Enforcement of Davis-Bacon Act wage requirements for projects participating in the second component of the Rental Assistance Demonstration program" December 23, 2015 HUD Preliminary Draft Notice, "Methodology for Completing a Multifamily Housing Utility Analysis" September, 2014 HUD Notice, "Notice of Intent To Conduct a Violence Against Women Act (VAWA) and Housing Opportunities for Persons With AIDS (HOPWA) Project Demonstration" [Docket No. FR-5853-N-01] March 13, 2015; all provisions HUD Notice, "Violence Against Women Reauthorization Act of 2013: Implementation in HUD Housing Programs" [Docket No. FR-5720-P-02] March 25, 2015; all provisions of this HUD regulation, with emphasis on language concerning emergency housing transfers for victims of domestic violence claiming protection under VAWA HUD Notice CPD-15-03, "Interim Policy on Maximum Per-unit Subsidy Limits for the HOME Program" March 17, 2015; all provisions Rural Development Notice HB-2-3650, "Fiscal Year 2015 Per Occupied Unit Per Month State Maximum Management Fee" October 24, 2014; all provisions Rural Development Unnumbered Letter, "Management of Loan Payoffs for the Multi-Family Direct Loan Portfolio" January 16, 2015; all provisions Rural Development Unnumbered Letter, "Guidance for Rural Development to Complete Area Market Rent Studies for the Rural Development Voucher Program" January 16, 2015; all provisions Rural Development Unnumbered Letter, "Fiscal Year 2015 Site Manager and Maintenance Person of the Year Recognition Program" March 13, 2015; all provisions Rural Development Unnumbered Letter, "Guidance on the Capital Needs Assessment (CNA) Process" March 13, 2015; all provisions Offered recommendations in response to USDA-RHS' informal request for ideas to implement a performance-based management fee for apartments that receive Rural Rental Assistance. Advocated for policies to address ongoing occupancy issues, including prolonged vacancies, in properties that participate in USDA-RHS's Multifamily Housing programs. Advocated for policies to address improper payments in USDA-RHS's Section 521 Rural Rental Assistance program. All policies related to USDA Rural Development's Improper Payments Information Act (IPIA) audit for the Rental Assistance Program, Multi-Family Integrated System and its findings reviews, and rural housing preservation. Rural Development Administrative Notice No.4778 (1944-N), "Implementation of 42 U.S.C. 14043e-11 of the Violence Against Women Reauthorization Act in Rural Developments Multi-Family Housing Programs" January 5, 2015; all provisions in this administrative notice, with emphasis placed on conflicting VAWA regulations between Rural Development and HUD