December 9, 2020

In This Issue:

  • TLTA Advocacy Update
  • Texas Launches COVID-19 Rapid Testing Pilot Program for Small Business Workers in 5 Cities
  • Industry Leaders Discuss GSE Privatization
  • Texas REALTORS® Installs Officers; Association Sets Priorities for 2021

TLTA Advocacy Update

TLTA | Dec. 8, 2020

TLTA's Legislative Committee to meet tomorrow, Thursday, Dec. 10; Other preparations for the upcoming 87th Texas Legislature

TLTA's Legislative Committee , chaired by Steve Streiff, will meet tomorrow, Thursday, Dec. 10 to finalize our legislative agenda for the upcoming session of the Texas Legislature, which commences in January. As noted in a recent edition of Dateline, the leaders of the Texas Senate and House have indicated that there will be reduced access to the Capitol this session, and big issues like the state budget and redistricting will likely be the Legislature's focus under these difficult conditions. Chair Streiff and the legislative committee are taking those limitations into account as we identify our legislative priorities for the legislative session.
We're pleased to report that we've met all of our TLTAPAC giving goals for the session ahead, as the moratorium on political contributions during session begins next week. Great work TLTA Local Legislative Liaisons, TLTAPAC donors, and everyone who helped us meet our giving goals this year, thank you. 

TLTA members and staff also continue to meet with legislators in preparation for the session ahead. Most recently we met via Zoom with the presumptive Speaker of the House, Dade Phelan, as well the new state senator from Austin, Sarah Eckhardt.  

2021 Real Estate Outlook and Texas Homebuilding Forecast - Dec. 17 - RSVP NOW

Join us Dec. 17 for the next installment of TLTA's Town Hall Insights Series. We've recently added to the program Scott Norman, Executive Director of the Texas Association of Builders. Scott will provide insights on new home inventories in Texas and how that will affect the residential real estate market in the year ahead. 
The National Association of Realtors' Chief Economist, Lawrence Yun, will headline this Town Hall event, providing a Texas-focused outlook on the economy and real estate market, including recent developments in the housing market, comparison of past housing cycles with our current cycle, and more. 
All Town Hall Insights Series sessions are available to all TLTA members free of charge.
RSVP Now »
Submit a Question for Lawrence Yun »
Submit a Question for Scott Norman »

Texas Launches COVID-19 Rapid Testing Pilot Program for Small Business Workers in 5 Cities

Dallas Morning News | Dec. 7, 2020
Workers at small businesses in five Texas communities will have the chance to participate in a COVID-19 rapid testing pilot program, Gov. Greg Abbott’s office announced Monday.
The pilot program, which officials plan to significantly expand across the state, will be administered with help from chambers of commerce in the communities — Amarillo, Edinburg, El Paso, Laredo and Lubbock. Also helping run the program is the Texas Division of Emergency Management.
“This rapid testing pilot program will protect the safety of small business owners, their employees, and Texas consumers as we continue to combat COVID-19,” Abbott said in a prepared statement. “This effective strategy will help us detect and mitigate this virus while ensuring that Texas remains safely open for business.”
Small businesses that want to participate are asked to contact their local chamber of commerce for additional information.
Read More »
Read the Governor's Press Release »

Industry Leaders Discuss GSE Privatization

DS News | Dec. 4, 2020
The U.S. House Committee on Financial Services Chairwoman Maxine Waters has been a staunch voice advocating on behalf of, in her words, "current homeowners, renters, potential owners, and more than 19 million prospective millennial homeowners." To that end, Waters Friday in a public statement said it would be "entirely inappropriate" for the FHFA, with the assistance of an outgoing Treasury Secretary, to focus on removing Fannie Mae and Freddie Mac from the government conservatorship they have been under since 2008. She encouraged FHFA Director Mark Calabria to stop any attempts to release the GSEs from government oversight. She says that no move in that regard should occur until the new President is sworn in next January.

"At the very least," she added, "the Congress and the American public deserve transparency from you ... I urge you to fully engage with Congress by testifying before our Committee and to immediately halt your efforts to raise the enterprises capital requirements and to release them from conservatorship. You should instead focus on ensuring that renters and homeowners are receiving the help they need during this pandemic."

Texas REALTORS® Installs Officers; Association Sets Priorities for 2021

Texas Realtors | Dec. 4, 2020
Texas REALTORS® has officially installed its officers and executive board for the coming year. Incoming officers include Chairman Marvin Jolly of Plano, Chairman-Elect Russell Berry of Dallas, Secretary/Treasurer Marcus Phipps of Harlingen and Immediate Past Chairman Cindi Bulla of Amarillo.

“This unprecedented year has presented new challenges, but it has shown that REALTORS are more united than ever,” said Marvin Jolly, incoming Texas REALTORS chairman. “As we look ahead to 2021, there are a lot of uncertainties. What we do know is that REALTORS will continue to be the best resource for Texans making real estate decisions within our communities. Texas REALTORS will also continue to work together to advocate for property rights. I am honored to be part of our 2021 Leadership Team and Executive Board serving the REALTOR organization and all Texas property owners.”
Read the Press Release » 

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