HUD has released a proposed rule to use 40th percentile Small Area Fair Market Rents (SAFMRs) instead of 50th percentile Fair Market Rents (FMRs) for certain metropolitan areas. The Section 8 Housing Choice Voucher Program uses FMRs to…
As Congress continues to debate the FY 2016 federal budget, funding of the U.S. Census Bureau’s American Community Survey (ACS) is still in jeopardy. The ACS is important to the apartment industry because it helps in estimating the economic impact…
KANSAS CITY, Mo. - The Kansas City Council is the latest local governing body to require multifamily building owners to track and report their energy and water usage. The practice, known as benchmarking, is law in more than a dozen other cities.…
HAZLETON, Pa. – The city of Hazleton, Pa., is considering a property tax increase to pay the legal fees incurred from the city’s failed defense of its 2006 Illegal Immigration Relief Act.
The Act would have fined rental property owners who…
There’s a major misconception and reality of what affordability means to college students seeking off-campus housing.
The idea does not cross college student’s minds that they need to save extra money from their college loans only to search for…
High employee turnover hurts a company’s bottom line. Training and development experts offer advice from the trenches on improving employee retention. It’s the nature of the beast in student housing: Residents come and go on a regular basis.…
Although the prospective renter demographics may differ, the tactics and tools can be surprisingly similar for affordable and conventional housing communities. See how they match up and what is needed to attract the right demographics.
Marketing…
Jeffrey Burnell of Waypoint Residential shares tips on updating properties with more modern amenities to attract new renters.
It’s easier to add modern amenities in more recently constructed apartment communities because most are already equipped…
Mary Gwyn of Apartment Dynamics offers advice on getting tech-savvy tenants to actually read what’s in a lease before signing on the electronic dotted line.As people look to their smartphones and tablets to access information in real time, it’s no…
As apartment communities continue to struggle with increased package delivery, some are instituting storage solutions and fees to cover the administrative costs of this service.
Some apartment communities are now charging residents storage fees…