Apartment Trends Magazine September 2020 | Page 36

APARTMENT ADVOCATE NATIONAL APARTMENT ASSOCIATION / NATIONAL MULTIFAMILY HOUSING COUNCIL Harris Pick Shakes Up Biden’s Housing Priorities When Kamala Harris’ presidential campaign ended in December 2019, many thought it would be the end of the California senator’s journey to the White House. But Joe Biden’s promise of selecting a female vice presidential running mate, and growing calls for woman of color to be selected, brought her back into focus. With Sen. Harris formally added to the Democratic ticket, she has brought new life to the campaign trail with the prospect of her pitted against Vice President Mike Pence at the October 7 debate. She is expected to gin up her a massive online presence and have major influence on the ticket’s policy formulation. What does this spell for Biden’s housing policy? The answer is quite a bit. On most housing issues, Biden and Harris closely align. One facet of Biden’s housing strategy includes the establishment of a federal right-to-counsel standard for individuals facing eviction. Earlier this year, Harris introduced the Rent Emergencies Leave Impacts on Evicted Families (RELIEF Act) in response to the growing COVID-19 pandemic. The bill would effectively ban evictions for 18-months, place a halt of rent increases during that period, and create a renters legal assistance fund to combat evictions. While well intentioned, the policies proposed in this bill would be devastating to the rental housing industry, affect its long term viability and exacerbate existing housing affordability challenges around the country, not to mention, ultimately, impede the economic recovery during the COVID-19 pandemic. On climate, both Biden and Harris share an ambitious approach to enacting progressive green policy. Biden’s climate plan sees a net-zero emissions United States no later than 2050 and a reduction in the carbon footprint of the country’s building stock by 50 percent by 2035. Harris signaled during her own campaign similar sentiment, zeroing in on the impact environmental change has on low-income communities. Whatever the outcome of Biden’s environmental initiatives, the plan must contend the high cost and impact on affordability that deep energy efficient retrofits can have on a property. Any plan must ensure that property owners are granted broad access to the resources necessary to keep up with the plan’s goals. Roofing Painting Carpentry Welding Gutters Concrete Commercial 195 Telluride Street, Suite 3 Brighton, Colorado 80601 720-791-5701 34 | TRENDS SEPTEMBER 2020 www.aamdhq.org