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LOBBYING REPORT |
Lobbying Disclosure Act of 1995 (Section 5) - All Filers Are Required to Complete This Page
2. Address
| Address1 | 1660 L STREET, NW, #501 |
Address2 |
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| City | WASHINGTON |
State | DC |
Zip Code | 20036 |
Country | USA |
3. Principal place of business (if different than line 2)
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State |
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Zip Code |
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Country |
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5. Senate ID# 35376-292
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6. House ID# 317230022
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| TYPE OF REPORT | 8. Year | 2017 |
Q1 (1/1 - 3/31) | Q2 (4/1 - 6/30) | Q3 (7/1 - 9/30) | Q4 (10/1 - 12/31) |
9. Check if this filing amends a previously filed version of this report
| 10. Check if this is a Termination Report | Termination Date |
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11. No Lobbying Issue Activity |
| INCOME OR EXPENSES - YOU MUST complete either Line 12 or Line 13 | |||||||||
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| 12. Lobbying | 13. Organizations | ||||||||
| INCOME relating to lobbying activities for this reporting period was: | EXPENSE relating to lobbying activities for this reporting period were: | ||||||||
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| Provide a good faith estimate, rounded to the nearest $10,000, of all lobbying related income for the client (including all payments to the registrant by any other entity for lobbying activities on behalf of the client). | 14. REPORTING Check box to indicate expense accounting method. See instructions for description of options. | ||||||||
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Method A.
Reporting amounts using LDA definitions only
Method B. Reporting amounts under section 6033(b)(8) of the Internal Revenue Code Method C. Reporting amounts under section 162(e) of the Internal Revenue Code |
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| Signature | Digitally Signed By: Leonard Simon |
Date | 12/16/2020 1:21:37 PM |
LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code HOU
16. Specific lobbying issues
The following are some of the critical programs that the City of Rancho Cordova supports for maintaining level funding in the federal budget:
HOME and CDBG:
-HOME $950 million
-CDBG: $3 billion
Both of these programs are widely used by our local jurisdiction, multiple private and non-profit housing developers in our region for a variety of rental and homeownership uses.
HUD Counseling and National Foreclosure Mitigation Counseling Program (NMGC):
-HUD Counseling: $47 million
-NMFC: $40 million
Multiple local non-profits provide mortgage counseling, pre-post-purchasing counseling, and financial literacy programs. The goal is to educate the low-and moderate-income homebuyer, many of whom are first-time homebuyers, and provide them with the tools to purchase a home, but more importantly to stay in their home. As the current crisis demonstrates, the need for counseling has never been more important.
Low Income Housing Tax Credit (LIHTC) and New Markets Tax Credit (NMTC):
The Heritage Foundation Budget Blue Print identified these programs for elimination. The last Congress multiple proposal came forward to change and improve the program we urge the administration and Congress to preserve these critically needed programs that incentivize private capital investment in our most economically challenged communities.
USDA Rural Development, Rural Housing Services:
-Section 502 Direct Loan: $900 million
-Section 523 Self-Help: $30 million
-Section 515 Rental Rural Housing: $28.4 million
-SHOP Program: $10 million
The much of the surrounding communities outside of the Sacramento urban core are designated by USDA as rural. Many of these communities have not fully recovered from recession and these programs are in some instances the only available capital available to finance and building homes, affordable and market rate. Also with the rising home prices in the Sacramento region families are being forced to move to rural area which is placing an even higher demand on these programs.
Community Development Financial Institutions (CDFI) Fund:
-CDFI Fund: $233.5 million
These funds provide support and capital to multiple local CDFI's that are a critical investor in affordable housing, small business development and commercial development throughout the Sacramento Region.
Neighborhood Reinvestment Corporation
-$135 million
-$5 million for Multi-Family Rental Housing Program
These funds support the NeighborWorks America program and in directly support community development organizations throughout the nation including multiple Sacramento area non-profits.
Additional federal resources and HUD vouchers can better help local governments to address homelessness in their communities, especially veterans homelessness, which was the focus of the meeting with Department of Labor Veterans and Employment Training Services.
Strategic augmentation of HUD voucher system and Treasury Department tax incentive program will mitigate risk for developer community and reduce undue cost burden associated with poor access to housing.
1. Expand project-based vouchers for new developer-driven projects
2. Expand tax incentives for new developer-driven projects
17. House(s) of Congress and Federal agencies Check if None
U.S. SENATE, U.S. HOUSE OF REPRESENTATIVES, Housing & Urban Development - Dept of (HUD)
18. Name of each individual who acted as a lobbyist in this issue area
| First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
Leonard |
Simon |
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President |
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Jennifer |
Covino |
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Silvana |
Caldera |
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Rep. Sarbanes (2014-2016) |
19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code VET
16. Specific lobbying issues
The following are some of the critical programs that the City of Rancho Cordova supports for maintaining level funding in the federal budget:
HOME and CDBG:
-HOME $950 million
-CDBG: $3 billion
Both of these programs are widely used by our local jurisdiction, multiple private and non-profit housing developers in our region for a variety of rental and homeownership uses.
HUD Counseling and National Foreclosure Mitigation Counseling Program (NMGC):
-HUD Counseling: $47 million
-NMFC: $40 million
Multiple local non-profits provide mortgage counseling, pre-post-purchasing counseling, and financial literacy programs. The goal is to educate the low-and moderate-income homebuyer, many of whom are first-time homebuyers, and provide them with the tools to purchase a home, but more importantly to stay in their home. As the current crisis demonstrates, the need for counseling has never been more important.
Low Income Housing Tax Credit (LIHTC) and New Markets Tax Credit (NMTC):
The Heritage Foundation Budget Blue Print identified these programs for elimination. The last Congress multiple proposal came forward to change and improve the program we urge the administration and Congress to preserve these critically needed programs that incentivize private capital investment in our most economically challenged communities.
USDA Rural Development, Rural Housing Services:
-Section 502 Direct Loan: $900 million
-Section 523 Self-Help: $30 million
-Section 515 Rental Rural Housing: $28.4 million
-SHOP Program: $10 million
The much of the surrounding communities outside of the Sacramento urban core are designated by USDA as rural. Many of these communities have not fully recovered from recession and these programs are in some instances the only available capital available to finance and building homes, affordable and market rate. Also with the rising home prices in the Sacramento region families are being forced to move to rural area which is placing an even higher demand on these programs.
Community Development Financial Institutions (CDFI) Fund:
-CDFI Fund: $233.5 million
These funds provide support and capital to multiple local CDFI's that are a critical investor in affordable housing, small business development and commercial development throughout the Sacramento Region.
Neighborhood Reinvestment Corporation
-$135 million
-$5 million for Multi-Family Rental Housing Program
These funds support the NeighborWorks America program and in directly support community development organizations throughout the nation including multiple Sacramento area non-profits.
Additional federal resources and HUD vouchers can better help local governments to address homelessness in their communities, especially veterans homelessness, which was the focus of the meeting with Department of Labor Veterans and Employment Training Services.
Strategic augmentation of HUD voucher system and Treasury Department tax incentive program will mitigate risk for developer community and reduce undue cost burden associated with poor access to housing.
1. Expand project-based vouchers for new developer-driven projects
2. Expand tax incentives for new developer-driven projects
17. House(s) of Congress and Federal agencies Check if None
U.S. SENATE, U.S. HOUSE OF REPRESENTATIVES, Housing & Urban Development - Dept of (HUD)
18. Name of each individual who acted as a lobbyist in this issue area
| First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
Leonard |
Simon |
|
President |
|
Jennifer |
Covino |
|
|
|
Silvana |
Caldera |
|
Rep. Sarbanes (2014-2016) |
19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
LOBBYING ACTIVITY. Select as many codes as necessary to reflect the general issue areas in which the registrant engaged in lobbying on behalf of the client during the reporting period. Using a separate page for each code, provide information as requested. Add additional page(s) as needed.
15. General issue area code BUD
16. Specific lobbying issues
The following are some of the critical programs that the City of Rancho Cordova supports for maintaining level funding in the federal budget:
HOME and CDBG:
-HOME $950 million
-CDBG: $3 billion
Both of these programs are widely used by our local jurisdiction, multiple private and non-profit housing developers in our region for a variety of rental and homeownership uses.
HUD Counseling and National Foreclosure Mitigation Counseling Program (NMGC):
-HUD Counseling: $47 million
-NMFC: $40 million
Multiple local non-profits provide mortgage counseling, pre-post-purchasing counseling, and financial literacy programs. The goal is to educate the low-and moderate-income homebuyer, many of whom are first-time homebuyers, and provide them with the tools to purchase a home, but more importantly to stay in their home. As the current crisis demonstrates, the need for counseling has never been more important.
Low Income Housing Tax Credit (LIHTC) and New Markets Tax Credit (NMTC):
The Heritage Foundation Budget Blue Print identified these programs for elimination. The last Congress multiple proposal came forward to change and improve the program we urge the administration and Congress to preserve these critically needed programs that incentivize private capital investment in our most economically challenged communities.
USDA Rural Development, Rural Housing Services:
-Section 502 Direct Loan: $900 million
-Section 523 Self-Help: $30 million
-Section 515 Rental Rural Housing: $28.4 million
-SHOP Program: $10 million
The much of the surrounding communities outside of the Sacramento urban core are designated by USDA as rural. Many of these communities have not fully recovered from recession and these programs are in some instances the only available capital available to finance and building homes, affordable and market rate. Also with the rising home prices in the Sacramento region families are being forced to move to rural area which is placing an even higher demand on these programs.
Community Development Financial Institutions (CDFI) Fund:
-CDFI Fund: $233.5 million
These funds provide support and capital to multiple local CDFI's that are a critical investor in affordable housing, small business development and commercial development throughout the Sacramento Region.
Neighborhood Reinvestment Corporation
-$135 million
-$5 million for Multi-Family Rental Housing Program
These funds support the NeighborWorks America program and in directly support community development organizations throughout the nation including multiple Sacramento area non-profits.
Additional federal resources and HUD vouchers can better help local governments to address homelessness in their communities, especially veterans homelessness, which was the focus of the meeting with Department of Labor Veterans and Employment Training Services.
Strategic augmentation of HUD voucher system and Treasury Department tax incentive program will mitigate risk for developer community and reduce undue cost burden associated with poor access to housing.
1. Expand project-based vouchers for new developer-driven projects
2. Expand tax incentives for new developer-driven projects
17. House(s) of Congress and Federal agencies Check if None
U.S. SENATE, U.S. HOUSE OF REPRESENTATIVES, Housing & Urban Development - Dept of (HUD)
18. Name of each individual who acted as a lobbyist in this issue area
| First Name | Last Name | Suffix | Covered Official Position (if applicable) | New |
Leonard |
Simon |
|
President |
|
Jennifer |
Covino |
|
|
|
Silvana |
Caldera |
|
Rep. Sarbanes (2014-2016) |
19. Interest of each foreign entity in the specific issues listed on line 16 above Check if None
Information Update Page - Complete ONLY where registration information has changed.
20. Client new address
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21. Client new principal place of business (if different than line 20)
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22. New General description of client’s business or activities
LOBBYIST UPDATE
23. Name of each previously reported individual who is no longer expected to act as a lobbyist for the client
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ISSUE UPDATE
24. General lobbying issue that no longer pertains
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AFFILIATED ORGANIZATIONS
25. Add the following affiliated organization(s)
Internet Address:
| Name | Address |
Principal Place of Business (city and state or country) |
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26. Name of each previously reported organization that is no longer affiliated with the registrant or client
| 1 | 2 | 3 |
FOREIGN ENTITIES
27. Add the following foreign entities:
| Name | Address |
Principal place of business (city and state or country) |
Amount of contribution for lobbying activities | Ownership percentage in client | ||||||||||
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% | |||||||||||||
28. Name of each previously reported foreign entity that no longer owns, or controls, or is affiliated with the registrant, client or affiliated organization
| 1 | 3 | 5 |
| 2 | 4 | 6 |
CONVICTIONS DISCLOSURE
29. Have any of the lobbyists listed on this report been convicted in a Federal or State Court of an offense involving bribery,
extortion, embezzlement, an illegal kickback, tax evasion, fraud, a conflict of interest, making a false statement, perjury, or money laundering?
| Lobbyist Name | Description of Offense(s) |