Apartment Advocate
NAA Government Affairs’ bi-monthly publication combines all aspects of apartment industry advocacy into one go-to resource. The Apartment Advocate highlights key developments and viewpoints in industry public policy at all levels of government, and helps NAA members explore advocacy pathways.
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…
Fannie and Freddie Equity Plans Aim to Break Down Barriers for Renters
| Updated
The Equitable Housing Finance Plan for 2022-2024 aims to provide equitable access to affordable housing. On June 8, the Federal Housing Finance Agency (FHFA) announced the release of Fannie Mae’s and Freddie Mac’s (the Enterprises) Equitable Housing Finance Plan for 2022-2024 to provide and…
Lawmakers Release Federal Data Privacy Bill
| Updated
Bipartisan bill will have an impact on multifamily data practices. For the past several years, Congress has continued to debate a federal consumer data privacy standard, but disagreements on federal preemption and private right of action have prevented meaningful progress. But in a significant…
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
| Updated
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
| Updated
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
| Updated
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…