Apartment Advocate Pro
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…
NAA Responds to Comprehensive Data Privacy and Protection Legislation
By Maria Spencer | | Updated
Several weeks ago, a bipartisan and bicameral group of Members of Congress introduced legislation to address a comprehensive privacy law. The American Data Privacy and Protection Act (ADPPA), H.R. 8152, would create certain data privacy rights for consumers and add privacy by design and data…
Senate Banking Discusses National Flood Insurance Program
By Maria Spencer | | Updated
The Senate Banking Committee discussed the reauthorization of the National Flood Insurance Program (NFIP) during two hearings earlier this month.
The first hearing focused on protecting communities from flood risk. Stakeholders discussed how the NFIP helps manage and mitigate flood risk, the…
NAA Supports FY2023 Appropriations that Expand Multifamily
By Maria Spencer | | Updated
Fiscal Year 2023 (FY23) appropriations are in full swing. The House has already quickly passed its proposals out of the subcommittee and full committee including the spending bill which includes funding for the U.S. Department of Housing and Urban Development (HUD).
For 2023, the committee…
New CFPB Rule Backs Tougher Screening Restrictions
By Sam Gilboard | | Updated
On June 28, 2022, the Consumer Financial Protection Bureau (CFPB) released an interpretive rule affirming the federal Fair Credit Reporting Act’s (FCRA) limited preemption authority of state laws. In the ruling, the CFPB reminds states of their “substantial flexibility to pass laws involving…
Federal Bills Would Make Accepting Vouchers Mandatory
By Ben Harrold | | Updated
On June 23, 2022, federal legislators introduced bills that would amend the national Fair Housing Act of 1968 to prohibit rental housing providers from rejecting an applicant because of their “source of income,” specifically targeting those who hold a Section 8 Housing Choice Voucher (HCV). S. 4485…
SEC Climate Proposal Would Increase Costs, Lower Returns
| Updated
The SEC is moving to require publicly traded companies to make certain climate-related disclosures, which will have significant implications for the rental housing industry. Upon further analyzing the United States Securities and Exchange Commission's (SEC) proposal to require climate-related…
Screening Practices Under Examination According to CFPB
By Sam Gilboard | | Updated
Recent guidance from the Consumer Financial Protection Bureau (CFPB) suggests that the financial services watchdog will be keeping a close eye on the way users of consumer credit reports notify applicants of an adverse action. On May 26, 2022, Consumer Financial Protection Circular 2022-03…
Rent Control is Prohibited in One More State
By Ben Harrold | | Updated
In a huge win for long-term housing affordability, the Ohio legislature passed a preemption of local rent control on June 1, 2022. In less than two weeks, a coalition of real estate and rental housing industry partners successfully added language to H.B. 430 which declares rent control and rent…