Federal Legislation
Revitalizing Downtowns and the Impact on Commercial Real EstateÂ
The Revitalizing Downtowns and Main Streets Act (RDMA), introduced by Representatives Jimmy Gomez (CA-34) and Mike Carey (OH-15), aims to solve two problems: empty commercial spaces and the housing shortage.
Read MoreLithium-Ion Battery Legislation Advances in CongressÂ
Setting Consumer Standards for Lithium-Ion Batteries Act (S.1008 and H.R.1797) would set new safety standards to reduce fire risks from lithium-ion batteries.
Read MoreBOMA International Fights for Federal Support of CRE Friendly PoliciesÂ
BOMA International fights for laws and policies that help the U.S. commercial real estate industry at the federal level.
Read MoreSupport the Small Business Energy Loan Enhancement Act
Our advocates in Washington, D.C., are pushing a high-priority proposal to open funding for energy efficiency projects.
H.R. 1491, the Small Business Energy Loan Enhancement Act, would expand financing for small businesses from $5.5 million to $10 million for efficiency projects.
Fed to Hold Interest Rates Steady, Indicate Cuts in 2024
The Federal Reserve announced they will keep interest rates the same for the third time in a row and indicated that cuts will be coming in 2024.
Read MoreBiden Administration Announces Hydrogen Investment for SoCal Ports
The Biden Administration has announced a major investment in hydrogen production for the SoCal ports.
Read MoreBiden Announces Plan for Adaptive Reuse
The Biden Administration has announced plans for adaptive reuse by converting high-vacancy commercial buildings to affordable housing.
Read MoreRep. Mike Johnson Elected Speaker of the House
After three weeks of the House of Representatives being without a Speaker of the House, House Republicans have elected Mike Johnson.
Read MoreNewsom Selects Feinstein’s Senate Replacement Following Her Death
Following the death of longtime California Senator Dianne Feinstein, Governor Newsom has appointed LaPhonza Butler to the Senate.
Read MoreA Look Back at the Inflation Reduction Act a Year Later
A year later, what has the Inflation Reduction Act been able to accomplish following it’s signing by President Biden?
Read More