Apartment Advocate Pro
St. Paul City Council Approves Rent Control Amendments
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The City Council approved the changes 5-2, resulting in two major adjustments.The City Council in St. Paul, Minn., approved changes to the city’s rent control that took effect in May after voters approved rent stabilization 53-47 percent in November 2021.“This ordinance protects renters while…
Major Groups Show Support for NAA’s Eviction Moratorium Lawsuit
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Industry organizations support compensating rental housing owners affected by federal eviction moratorium via friend-of-the-court briefs. Earlier this month, the National Association of REALTORS® (NAR), National Association of Home Builders (NAHB) and New Civil Liberties Alliance (NCLA) each…
St. Paul City Council to Review Rent Control
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The vote on the amendment is expected Wednesday. The City Council for St. Paul, Minn., is set to review changes to one of the strictest rent control laws in the country. A vote on the easing of rent control measures is expected Wednesday, according to the Pioneer Press. Last November,…
Post-Recess Outlook: What’s on the Table, Why We’re Engaged and How it Will Affect the Industry
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Congress returns to Washington with a slate of potential legislative actions that will have a direct effect on apartment housing.With Congress back in Washington post-recess, the industry is tracking many potential legislative actions that will have a direct effect on the rental housing sector. And…
New Fair Housing Resources Now Available
By Nicole Upano | | Updated
The National Apartment Association (NAA) continues to lead the way as the premier resource for housing industry professionals with the latest release of two important fair housing toolkits. In August, NAA unveiled two new resources, the NAA Emotional Support Animal (ESA) Toolkit – 2022 Edition and…
A Tax Provision that Supports Housing and the Economy
By Ben Harrold | | Updated
For the past fifteen years, America’s tax code has been under intense scrutiny. Throughout the debate, an important, but relatively unknown provision has been frequently targeted by lawmakers aiming to fund other policy priorities. Known as a “like-kind exchange,” this provision remains in place as…
Rent Control Storms Through the Sunshine State
By Ben Harrold | | Updated
Over the past month, three jurisdictions in Florida considered the same question: should rent control be on the ballot in November?Despite overwhelming evidence that rent control stifles development of new housing and exacerbates ongoing supply shortages, lawmakers in Tampa, St. Petersburg and…
WSJ Editorial Board Tackles ‘Insanity’ of Rent Control
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The Wall Street Journal Editorial Board discusses the topic of rent control in Florida.Rent control is on the table again in Florida, this time in Orange County. The Wall Street Journal Editorial Board, again, has shunned the idea of capping rents. See the Board’s criticism on St. Paul, Minn., rent…
What the Passing of the Inflation Reduction Act Means for Rental Housing Providers
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The $740 billion Act includes provisions that may affect the rental housing industry. On Aug. 16, President Biden signed the Inflation Reduction Act (IRA) of 2022, ending months of negotiations on a bill totaling over $700 billion. In a significant win for the rental housing industry, the…
CRA Proposal Draws Industry Response
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Rental housing industry reacts to the issuing of a proposed rule by banking regulators that would update the 1977 Community Reinvestment Act.
Banking regulators issued a proposed rule that would update the 1977 Community Reinvestment Act (CRA), which was last updated in 1995. NAA and NMHC joined…