By the end of this year, 321,177 new apartment units will hit the market, a 50 percent increase compared with new apartment deliveries in 2015, according to data from RentCafé. The 214,108 new apartment units that came online in 2015 had been the…
As of October 17, NAAPAC has raised approximately $940,000 and is making steady progress toward its 2023 goal of $1.2 million. Suppliers are continuing to play a significant role in our fundraising success, as they have contributed $469,000 and…
Earlier this month, we experienced virtually unprecedented chaos on Capitol Hill that reached a crescendo with the removal of Speaker Kevin McCarthy (R-Calif.-20). This is the first time a Speaker of the House has ever been removed using the motion…
Redistricting Update
As an update to our last NAAPAC Insider edition, redistricting battles and legal challenges are well underway across several states. Republicans are expected to secure a more favorable map in North Carolina, while Democrats…
Summer Sweepstakes Winner Announced, Plus New Opportunity to Win Big!
We're pleased to announce the lucky winner of our NAAPAC Summer Sweepstakes — Adrienne Hamilton, a Property Manager from Sonoma Grande Apartments in the great state of…
The NAA Government Affairs team has been busy strengthening relationships on Capitol Hill with lawmakers in both parties. To date, the NAA team has attended approximately 200 fundraising events. Notably:
NAA Senior Vice President…
NAAPAC Fundraising Update
As of October 17, 2023, NAAPAC has raised approximately $940,000 and is steadily advancing toward our 2023 goal of $1.2 million. Suppliers are an integral part of helping propel our fundraising success, as they have…
On September 29, 2023, the Financial Crimes Enforcement Network (FinCEN) announced that it will open a 30-day comment period on whether to extend the current Beneficial Ownership Interest (BOI) reporting deadline from 30 to 90 days for entities…
On August 1, 2023, the Environment Protection Agency (EPA) published a proposed rule that would dramatically alter the way lead dust hazards are classified. The agency has proposed that any detectable amount of lead dust be considered a hazard and…
The Big Picture
Housing supply dominated media conversations this week with stories focusing on an uptick in new construction and how that is softening the rental market in communities nationwide. Other notable pieces covered continued…