Apartment Advocate Pro
Congressional Hearing Considers Future of Flood Insurance
By Sam Gilboard | | Updated
On May 25, 2022, the Subcommittee on Housing, Community Development and Insurance convened a hearing to discuss the financial solvency and affordability of the National Flood Insurance Program (NFIP). Entitled “Reauthorization and Reform of the National Flood Insurance Program,” lawmakers and…
Illinois Passes Source of Income Protections
By Ben Harrold | | Updated
On May 24, 2022, Illinois enacted HB 2775, which prevents discrimination in housing based on an individual’s participation in the U.S. Department of Housing and Urban Development’s (HUD) Section 8 Housing Choice Voucher (HCV) Program. The bill text codifies a person’s “source of income” as a…
NAA Lawsuit Update
By Nicole Ryan | | Updated
On May 17, 2022, Judge Armando Bonilla granted the U.S. government’s motion to dismiss the National Apartment Association’s (NAA) lawsuit seeking financial compensation for damages suffered under the U.S. Centers for Disease Control and Prevention’s (CDC) eviction moratorium.
NAA strongly…
Funding Guidance Signals More Internet Deployment in Housing
By Sam Gilboard | | Updated
On May 13, 2022, the National Telecommunications and Information Administration (NTIA) published a Notice of Funding Opportunity (NOFO) which contained the requirements for awarding Broadband, Equity, Access and Deployment (BEAD) Program grants to eligible entities. Under the Infrastructure…
NAA and NMHC Push Back on DOL Announcement Citing Supply Chain Disruption and Workforce Shortage Concerns
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Ninety-three organizations have asked the Department of Labor not to issue a new rule altering overtime regulations. NAA and NMHC joined 91 organizations on May 11 to request that the Department of Labor (DOL) abandon the issuance of new rule altering the overtime regulations under the Fair…
NAA and NMHC Respond to SEC’s Proposed Cybersecurity Risk Management and Disclosure Rule
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As federal policymakers sharpen their focus on cybersecurity, NAA and NMHC are working to ensure the apartment industry’s business operations are understood and accounted for in any proposed rules or legislation. According to U.S. intelligence, there has been significant increase in malicious…
Report Primer: Economic Contribution of IRC Section 1031 Like-Kind Exchanges to the US Economy
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Like-kind exchanges play a critical role in supporting multifamily housing and contributing to the U.S economy, and this primer provides a look at top-line findings of a soon-to-be-released NAA- and NMHC-sponsored study. Like-kind exchanges are a significant contributor to U.S. economic…
Electric Vehicle Charger Requirements Abuzz
By Ben Harrold | | Updated
Lawmakers at all levels of government are grappling with how to support the growing demand for electric vehicle (EV) charging infrastructure. Across the country, jurisdictions are taking up legislation that would mandate the installation of electric vehicle charging equipment in multifamily parking…
White House Announces Plan to Increase Housing Supply
By Ben Harrold | | Updated
On May 16, the White House released the Biden-Harris Administration Housing Supply Action Plan which aims to ease the burden of housing costs over time by boosting the supply of quality housing in every community.
The plan has two key pillars to increase housing supply: reduce restrictive land…
FCC Broadband Ruling Given Effective Date
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On March 28, 2022, the Federal Communications Commission (FCC) published official details of its recently unveiled Report and Order and Declaratory Ruling on broadband competition in multiple tenant environments (MTEs). With its release in the federal register, the FCC’s actions now have an…