|Message from the HBAM PAC Chairman|
The Maryland home building industry and home buyers are facing an economic and social crisis. More than 10,000 households are forced to live outside the region in which they work. Maryland ranks as the 4th least affordable state nationwide, with the average cost of $375,615.00 for a new home in the Baltimore region. High market demand coupled with a very limited supply of buildable land is the root of the crisis. Compounding the demographic and financial challenges are local government actions, including moratoria, down zoning, under utilization of facilities, and increased fees and taxes directed at new construction. If economic and local regulations are not challenge enough - influential state legislators are moving to add an additional layer of state land use controls and fees to be reckoned with.
The stakes are too high for the home building industry to accept a passive role in any election. The good news is that HBAM has 1,200 member companies representing more than 100,000 employees which translates into votes. United, the homebuilding industry can have a much greater and more visible impact on the election process. By supporting the right candidates, we are ultimately helping shape legislation and regulations that affect the homebuilding industry on a daily basis.
Individuals or corporations are permitted by law to contribute up to $4,000 per election cycle to any one campaign finance entity including PACs. Individuals or corporations are also permitted to contribute a total of $10,000 per election cycle to all campaign finance entities including PACs. The current cycle is January 1, 2007 through December 31, 2010. If each person or company contributes, the HBAM PAC will quickly become one of the largest, most influential in the state. By pooling our contributions with other members of the home building industry in the HBAM PAC we can leverage our political contributions. By creating a strong HBAM PAC we stregnthen HBAM's ability to form coalitions with other building industry groups which share our goals and objectives. By gathering enough money and friends we will become a constituency which cannot be ignored.
Please join me and become a contributor to HBAM’s PAC.Sincerely,
Morris & Ritchie Associates, Inc.Chairman, 2008 HBAM PAC Board of Trustees
|HBAM PAC Board of Trustees|
Chairman - Frank Hertsch, Morris & Richie Assoc., Inc.
Treasurer - Tim Nichols, Slavie Federal Savings Bank
HBAM Immediate Past President - Chris Rachuba, The Rachuba Group
HBAM 1st Vice President - Eliot Powell, Whitehall Development
HBAM Treasurer - Robert Lacey, Lacey Consulting
Member-At-Large - Ron Schaffel, Southern Land Co.
Member-At-Large - Linda Veach, Bob Ward Companies
Member-At-Large - Cindy McAuliffe, Grayson Homes
Member-At-Large - Steve Breeden, Security Development Corp.
Anne Arundel County PAC Chairman - Bernie Schultz, Bernie Schultz Realty
Baltimore City PAC Chairman - Richard Rubin, Neuberger, Quinn, Gielen & Rubin
Baltimore County PAC Chairman - Evan Morville, Southern Land Company
Carroll County PAC Chairman - Jim Mathias, DeMario Design Consultants
Cecil County PAC Chairman - Bill Luther, Gemcraft Homes
Harford County PAC Chairman - Tim Hopkins, Hopkins Builders
Howard County PAC Chairman - John Startt, JST Builders