Q2 Affordable Industry Update
Now Available On Demand
The $25 Billion Emergency Rental Assistance (ERA) Program provided under the Consolidated Appropriations Act of 2021 will have a significant impact on Affordable Housing.
ERA is designed to make sure rental assistance policies and programs are structured to prevent a mass eviction crisis, protect public health, ensure the immediate and future economic stability of low-income tenants and stabilize renter households.
Join RealPage® VP and Affordable Housing expert Greg Proctor, RealPage VP and Deputy Chief Economist Jay Parsons, RealPage Chief Economist Greg Willet and RealPage VP of Legal Mike Semko for the live webcast, Q2 Affordable Housing Market Update.
You’ll hear from the experts as they discuss insights for the new year, as well as:
- Provide an update to the market for Q2
- How the ERA funding is progressing
- The impact ERA is having on rent collections and evictions
- What else needs to be done to help ensure its success
Greg has been in the Affordable Housing industry for over 35 years, having operated several property management companies and having owned/developed affordable properties across several states. Greg was the founder of Windsor Compliance Services, now RealPage Compliance Services. RealPage acquired Windsor in 2013. Since then, under Greg’s leadership, RealPage Compliance Services has grown to monitoring 195,000 units at over 2,100 properties, helping clients mitigate risk and helping them qualify residents for badly needed affordable housing. Greg is now overseeing RealPage’s affordable vertical market as its Vice President of Affordable Housing Solutions.
Greg WillettChief Economist, RealPage, Inc.
Greg facilitates the alignment of the firm’s technology and analytics solutions with rental housing sector needs and opportunities. He is well versed on rental housing market fundamentals and activity nationally, by metro and in individual neighborhoods. Greg is active in industry organizations such as the National Multifamily Housing Council, the Urban Land Institute and the National Apartment Association. He provides commentary for national and local business media.
Jay ParsonsSVP & Chief Economist, RealPage, Inc.
Jay Parsons serves as Senior Vice President, Chief Economist for RealPage, leading the Economist and Industry Principal teams to provide deep insights on market trends and consumer behaviors. He is a frequent author and industry speaker on topics affecting multifamily apartments and single-family rentals, including rental housing investment and asset management strategy, rental housing policy issues, risk mitigation and property management.
Jay has been cited in The Wall Street Journal, Bloomberg, The Financial Times, The Economist, and The New York Times, and he has appeared on CNBC and BloombergTV. His commentaries have been published by Barron's, the Pension Real Estate Association, the Mortgage Bankers Association, the National Apartment Association, American Banker and GlobeSt.
Mike SemkoVice President and Associate General Counsel, RealPage, Inc.
Mike has served as counsel to real estate and technology firms for more than 20 years focusing on company compliance, operations and land use issues. Prior to RealPage, he was deputy general counsel at NWP Services Corporation and senior counsel at the National Apartment Association. At NAA, Mr. Semko built the association’s national lease program, which provides residential leases to more than 6 million apartment units at twenty thousand multifamily communities. Mr. Semko received his B.A. from The University of the South and his J.D. from Tulane University Law School. He is licensed in Virginia and Louisiana.