Your safety net for your business and the industry at large is engagement in public policy activities. At the federal level, we partner with NMHC to advocate for a supportive legislative and regulatory climate to protect your business. At the state and local levels, we analyze legislation, conduct research and provide resources to help build your and your fellow members' strength and influence.
Supreme Court Upholds Disparate Impact Liability, With Note of Caution - The U.S. Supreme Court has decided to uphold disparate impact liability under the Fair Housing Act, a legal theory that prohibits neutrally-applied practices with a disproportionate impact on minority groups protected by the law, even without proving an intent to discriminate. Learn more by reading analyses about the decision.
Patent Reform Takes a Step Forward – Apartment companies and their service providers have been targeted by abusive “patent trolls” who threaten legal action and demand fees for alleged infringement without evidence to back them up. NAA/NMHC are urging Congress to pass legislation that brings greater transparency and efficiency to patent regulation and enforcement.
New Caps May Boost Fannie, Freddie Multifamily Purchases to $40 Billion – The Federal Housing Finance Agency has revised the types of loans that would not count towards the calculation of the $30 billion production lending caps that Fannie Mae and Freddie Mac each operate under for multifamily loan purchases this year. Experts estimate they could boost 2015 multifamily purchases to more than $40 billion.
Coalition Urges Congress to Oppose Fair Value Accounting – Change to this accounting method could add “phantom costs” onto federal loan and guarantee programs and could have a “significant impact,” letters say. House Letter Senate Letter
Highway Bills Should Include FIRPTA Reforms, Coalition Says – Coalition statements argue the Foreign Investment in Real Property Tax Act of 1980 (FIRPTA) is a “major obstacle to mobilizing private sector capital for infrastructure projects.” House Statement Senate Statement
HUD Gets Answers on Violence Against Women Act Proposal – This spring, HUD published a proposed rule that would fully implement the 2013 Violence Against Women Act Reauthorization, which includes housing provisions.
Apartment Industry Concerned Over Impact of Obama Administration’s “Waters of the U.S.” Final Rule – NAA/NMHC support a strong Clean Water Act to protect the quality of the nation’s valuable water resources. However, the EPA and Corps have failed to fully assess the financial impact of the rule on the economy, including the supply of affordable housing.
Be Heard: HUD Proposes Small Area FMRs for Some Regions – The proposed rule would use 40 percentile instead of 50 percentile Fair Market Rates.
Industry Keeps Pushing for Full Funding of Key Census Survey – Funding for the U.S. Census Bureau’s American Community Survey (ACS) is still in jeopardy. The ACS helps in estimating the economic impact of apartments and provides the latest relevant data.
Coalition Letter Supports Disparate Impact Amendment - Amendment to H.R.2577, the THUD Appropriations Act, would prohibit the use of funds for disparate impact concepts.
Budget Winners and Losers in the $55B House THUD Bill - The House Appropriations Committee has passed the more than $55 billion FY 2016 Transportation, Housing and Urban Development, and Related Agencies (THUD) funding bill. The bill falls $1.5 billion short of what HUD has said it needs to maintain current programs.
House Rejects Bid to Cut Core Military Housing Benefit - The House has passed the annual “National Defense Authorization Act,” rejecting a Department of Defense proposal to cut back the Basic Allowance for Housing (BAH). A cut to the BAH could jeopardize the continued success of the privatized military housing program.
Coalition Gives Rural Rental Housing Budget a Push - Lawmakers are considering a range of FY 2016 budget bills for Federal Government agencies and departments. In addition to HUD funding, a top industry priority is the budget for multifamily rental assistance programs at the Department of Agriculture’s Rural Housing Service.
Coalition Suggest Improvements to Energy Savings and Industrial Competitiveness Act – Letter focuses on changes to “Greater Energy Efficiency in Building Codes” section.
Industry Submits Comments on MAP Guide - Letters ask that potential impacts of certain requirements be considered when updating the Multifamily Accelerated Processing Guide. NAA Letter NAA/NMHC Letter
Industry Weighs-In on New Floodplain Management Standard – NAA/NMHC submit comments on the new Federal Flood Risk Management Standard that directly challenge the impact of the Executive Order on the private real estate market.
FHFA to Keep Apartment Capital Flowing – The Federal Housing Finance Agency is revising and expanding the definition of the affordable apartment housing loans that are excluded from the $30 billion multifamily lending caps imposed on both Fannie Mae and Freddie Mac. The excluded loans will provide more lending capacity to the apartment housing market through 2015.
Senators Work to Make Low-Income Housing Tax Credit Stick – Legislation has been introduced in the Senate to make the flat 9 percent Low-Income Housing Tax Credit permanent. The program leverages federal dollars with private investment to help finance affordable housing projects nationwide.
Apartment Industry's 2015 Policy Agenda - NAA and NMHC's top priorities for Capitol Hill in 2015 include reforming the nation's tax code and fixing the housing finance system. View our complete list of legislative and regulatory issues.
Webinars and Webcasts:
New E-Verify Webinar Available On-Demand – USCIS now offers a webinar for employers about E-Verify and Form I-9, E-Verify enrollment, how to run a case and more.
House Financial Services Committee Hearing - “The Future of Housing in America: Oversight of the Department of Housing and Urban Development” (webcast)
Apartment Industry News:
For the latest in apartment industry policy and advocacy news, read the Apartment Advocate, NAA Government Affairs' flagship publication.