Apartment Advocate Pro
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…
Industry Legal Victory: Ohio Court of Appeals Rules Lead-Safe Certification Eviction Rule Invalid
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In a legal victory spearheaded by the Northern Ohio Apartment Association, the Ohio Court of Appeals ruled on Thursday, August 11, that the Cleveland Housing Court did not have the authority to prevent an eviction due to a building code violation.
This ruling is a win for the multifamily…
GART Hits it out of the Park in Louisville
By Bob Siegel | | Updated
Earlier this month, the National Apartment Association (NAA) was excited to host the Government Affairs Roundtable (GART) in Louisville, KY. Over 100 industry advocates from NAA’s network of affiliated apartment associations gathered for three days of insightful discussion on policy trends,…
Eviction Prevention Focus of White House Summit
By Sam Gilboard | | Updated
Earlier this month, the White House and the United States Department of the Treasury hosted the White House Summit on Building Lasting Eviction Prevention Reform. The White House invited federal, state and local policymakers, as well as community advocates, to share feedback on strategies for…
Senate Holds Hearing on Housing Market Impacts
By Greg Brown | | Updated
On August 2, 2022, the Senate Banking Committee held a hearing entitled, “‘The Rent Eats First’: How Renters and Communities are Impacted by Today’s Housing Market.” While the focus of the hearing was on challenges for renters, the housing provider perspective was also heard from National Apartment…
Industry Win: Carried Interest Provision Eliminated from Senate Bill
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August 9, 2022 Update: Senate Democrats were able to pass their budget reconciliation package – the Inflation Reduction Act – after securing the support of Sen. Kyrsten Sinema (D-AZ). The Senator agreed to support the bill after receiving several concessions, including the elimination of the…
Rising Rent Solutions
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The cost of living is increasing, and inflation continues at 40-year highs. National Apartment Association President and CEO Bob Pinnegar reviews some of the factors impacting rent prices and several solutions to stabilize housing costs in his latest column for the Washington Post, “What’s behind…
Affordability to Take Center Stage at GART
By Ben Harrold | | Updated
On August 1-5, 2022, the National Apartment Association (NAA) will welcome its affiliate network to Louisville, KY for the 2022 Affiliate Conference. The conference will kick off with the annual Government Affairs Roundtable (GART) which will feature unique insight from policymakers, advocacy…
NAA Shares Feedback with White House on Renters’ Bill of Rights
By Nicole Upano | | Updated
As part of the National Apartment Association’s (NAA) ongoing advocacy and engagement with the Biden Administration, NAA’s President and CEO, Bob Pinnegar, participated in the White House Housing Provider Listening Session on May 31, 2022. The White House invited stakeholders to share feedback on…