Thursday, July 30, 2020
Three for Thursday 7/30/20 – Government Affairs Update
- Auditor Stinziano Launches “Know Your Home Value” Campaign
- Franklin County Auditor Michael Stinziano announced the launch of the Know Your Home Value campaign to educate property owners about the role they have in determining their assessed property value.
- The Know Your Home Value initiative comes as the Auditor’s office launches the Triennial Update, which will update property values for all 435,000-plus parcels in Franklin County.
- In Ohio, county auditors are required to do a full, general reappraisal once every six years. In the third year in between reappraisals, county auditors are required by Ohio law to adjust property values based on sales and the market over the past three years. The Franklin County Auditor's office last performed a full property appraisal in 2017, so state law requires a Triennial Update in 2020.
- The Auditor’s office has launched a new website, your2020homevalue.org, with Triennial information, an educational video, and the ability to schedule virtual and in-person Informal Value Review meetings where homeowners can challenge their tentative home values. Because of the pandemic, the office has adapted and is encouraging the use of virtual meetings, where owners can discuss their property values online with an appraiser from the comfort of their homes.
- Mayor Andrew Ginther announces more than $10M for childcare, rent and utility relief via ABC6
- More federal money is on the way to help central Ohioans, as Columbus mayor Andrew Ginther announced how more than $10 million in Federal CARES Act funding would be divvied up.
- More than $8 million will go to support childcare, while more than a million will go toward rent and utility relief.
- The City of Columbus will set aside $6.2 million to help "childcare providers handle new regulations, including reduced teacher-child ratios, reduced maximum class sizes, and new sanitization protocol..." Mayor Ginther says Franklin County will add an additional $2 million to the pot.
- Ginther also announced May's $2.6 million allotments for rental assistance will be upped to $10 million, approved by Columbus City Council Monday evening.
- Another $1 million will be set aside for utility assistance grants.
- The city has received $157 million CARES Act dollars from the U.S. Treasury to provide assistance in response to the COVID-19 pandemic.
- For information on how to apply, visit the City's Department of Development website here.
- Senate confirms Dana Wade as new FHA commissioner via Housing Wire
- The Senate has confirmed Dana Wade to serve as the Federal Housing Administration commissioner. The Trump Administration nominated Wade in February to replace Brian Montgomery.
- Wade was the acting FHA commissioner from July 2017 to June 2018. She then moved to the Office of Management and Budget as a program associate director for general government from December 2018 to December 2019.
- During Senate testimony in May, Wade said her top priorities, if confirmed as the next FHA commissioner, would include protecting current FHA homeowners and fully deploying FHA’s loss mitigation toolkit for COVID-affected homeowners; ensuring that FHA has the necessary staffing and other resources, as well as continuing the innovative FHA IT Modernization effort; and vigilantly monitoring risk to taxpayers of losses stemming from COVID-19 and protecting FHA’s capital reserve to the maximum extent possible.
- “I believe that FHA has a duty to support the nation’s housing markets and homeowners facing economic hardship,” Wade said during the testimony. “While the virus will pass and the economy will eventually regain its previous strength, the road to recovery will require our sustained effort.”
Upcoming Events –
- Columbus REALTORS® Government Affairs Forum Joint Congressional Roundtable
- Please join Columbus REALTORS® Government Affairs Forum on August 13th, 2020 as we present our 2020 Columbus REALTORS® Joint Congressional Roundtable. The Joint Congressional Roundtable, featuring Congresswoman Joyce Beatty (D-OH3), Congressman Steve Stivers, (R-OH15), and Congressman Troy Balderson (R-OH12) will be held virtually from 9:00 – 10:30 a.m. The link will be emailed to participants at a later date.
- All questions will be asked by the moderator(s). If you’d like your question asked, please have it pre-submitted to Brent Swander, email@example.com All questions will relate to real estate or real estate-related issues and will be policy-focused.
- The Joint Congressional Roundtable is open to Columbus REALTORS® members (all categories).
- Registration is open; register here
- Columbus REALTORS® Government Affairs Forum 2020 Policy & Political Forecast
- Our rescheduled 2020 Government Affairs Forum “2020 Policy & Political Forecast” has a new date, September 16th from 9:30 a.m. – 11:00 a.m.
- Open to all Columbus REALTORS® members, this panel of policy and political experts will discuss the hot topics of 2020 from City Hall’s to the Statehouse to The White House. By September, there will be A LOT to discuss and yes, we will briefly discuss the impacts of the current FBI/DOJ indictments from Ohio.
- The decisions made at all levels of government impact our communities and your business. A do-not-miss event, you’ll want to hear these expert opinions and bold predictions. A remake of our 2018 Policy & Political Forecast, this event will not only keep you entertained but will keep you informed as to what you can expect on the policy and political front in 2020.
- More info, panelists bios, and registration can be found here