Ladies of LAC Discussion

Presentedbythe 2021CAI-NJWomen’sLeadershipCommittee 2021 ACT LIKE A LADY THINK LIKE A BOSS RETREAT NATIONAL/CAI-NJ JOINS FEDERAL INITIATIVES & FEDERAL HOUSING ASSISTANCE PRESENTED BY: DAWNBAUMAN. SENIORVICE PRESIDENT COMMUNITYASSOCIATIONSINSTITUTE,GOVERNMENT&PUBLICAFFAIRS,VICEPRESIDENT DBAUMAN@CAIONLINE.ORG | (703) 970-9224 a. Homeowner Assistance Fund: CAI supports establishment of a Homeowner Assistance Fund at the U.S. Treasury Department to provide grants to state housing agencies to support housing stability for ownership housing. CAI will advocate for legislation to establish a Homeowner Assistance Fund, meaningful program funding amounts, and legislative/administrative inclusion of community association assessments as eligible program expenses. Federal Legislation: H.R. 1319 American Rescue Plan b. Rental Assistance Fund: CAI supports financial assistance for small-scale, individual landlords with long- term rental properties in community associations who, due to the COVID-19 pandemic and state and federal pandemic-related policies, have not received rental payments from tenants. CAI will advocate for continued assistance to small-scale, individual landlords within community associations to ensure association assessment income is not diminished and association financial stability is protected. 2. Limited Immunity for Community Associations for COVID-19 Related Litigation: CAI supports federal legislation to provide limited immunity to community associations and other corporate entities from liability associated with the transmission and contraction of the COVID-19 illness where the association or other entity documents compliance with public health and worker safety protocols promulgated by the Centers for Disease Control and Prevention, Occupational Safety and Hazard Administration, state government, local government health department or other legally-competent jurisdiction. CAI will advocate for passage of federal legislation to support existing state limited immunity statutes and provide a baseline national, temporary limited immunity standard. CAI Board of Trustees Emergency Statement: COVID-19 & Community Associations Statement of Foreclosure Actions Moratorium COVID-19 Advocacy Issues to Support the Community Association Housing Model 1.Homeowner/Rental Assistance Fund: CAI supports financial assistance to promote housing security for households experiencing financial distress from job and income losses due to the COVID-19 pandemic.