News & Research Listing

NAA Press Releases
NAA Statement on Trump’s Halt of COVID-19 Relief Negotiations

ARLINGTON, VA | October 6, 2020 – Statement from National Apartment Association (NAA) President and CEO Bob Pinnegar on President Trump ending negotiations for additional COVID-19 relief legislation:

We are entering the seventh month of the COVID-19 emergency and hard-working Americans need help. Critical bills – like rent, utilities and groceries – are still due and it is abundantly clear that, for many, there is simply not the means to pay. Passing relief measures, like direct rental assistance, should not be a political game; emergency rental assistance is the only policy that will keep renters safely housed and ensure rental housing providers can pay their bills.

The nation’s 40 million apartment residents, 17.5 million jobs and a $3.4 trillion industry depend on Congress and the Administration fulfilling their obligation to the American people by bypassing politics and passing an additional relief package that includes robust financial assistance.  

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About NAA
The National Apartment Association (NAA) serves as the leading voice and preeminent resource through advocacy, education and collaboration on behalf of the rental housing industry. As a federation of 152 affiliates, NAA encompasses over 85,000 members representing more than 10 million apartment homes globally. NAA believes that rental housing is a valuable partner in every community that emphasizes integrity, accountability, collaboration, community responsibility, inclusivity and innovation. To learn more, visit
www.naahq.org.

October 7, 2020
NAA Press Releases
Rental Housing Industry Unites to Support Housing Providers

ARLINGTON, VA | September 29, 2020 – Four associations who serve the rental housing industry, with funding from leading property management software provider Yardi Systems (Yardi), are partnering to develop a comprehensive strategy to ensure the long-term success of the industry, both amid the COVID-19 pandemic and as the nation’s economy begins to recover.  The Institute of Real Estate Management (IREM), National Apartment Association (NAA), National Multifamily Housing Council (NMHC) and National Association of Residential Property Managers (NARPM) are combining their collective resources in this effort.

“Yardi is pleased to contribute $1M to help the rental housing industry recover from the hardship caused by the COVID-19 pandemic and its economic fallout. With nearly 40 million Americans living in apartments, the rental housing industry plays a critical role in housing them safely and securely. We are delighted that the four major associations who serve the rental housing industry – NAA, NMHC, IREM, NARPM – will share knowledge, develop industry benchmarks, research new ways of operating and provide forward-thinking solutions for the benefit of residents, owners and the rental housing industry,” said Anant Yardi, President and Founder of Yardi.

“IREM fully supports the efforts of Yardi and our industry association partners to position residential real estate for long-term growth,” says Denise Froemming, IREM CEO and Executive Vice President. “Developing shared resources and working towards common goals will help all of us navigate the legislative, operational and economic issues we currently face. Collectively, we can inspire more meaningful action, leading to favorable outcomes for our members and the industry as a whole.”

Robert Pinnegar, President & CEO of the National Apartment Association, said, “NAA welcomes this initiative and looks forward to partnering with our colleagues to develop valuable solutions to property management issues – some of which the industry faced prior to the COVID-19 crisis but many of which were exacerbated by the pandemic. Expanding our regulatory and legislative footprint in state and local governments so they understand the needs of the industry will be one key to success.”

”NMHC is proud to once again partner with Yardi and our allied associations in the mission of jump starting the multifamily industry in the short term as we continue the recovery from COVID-19, and developing a disciplined, sustainable path to ongoing success,” said Doug Bibby, NMHC President. “The pandemic has posed unparalleled challenges to our residents, colleagues and firms. But we now have a singular opportunity to work together in pursuit of long-term prosperity. This collaboration is an important step to that shared goal.”

Gail Phillips, CAE, CEO of the National Association of Residential Property Managers, stated, “NARPM® is delighted to be part of this Yardi initiative. The pandemic has forced the industry to go through many changes in both business functions and advocating on pressures legislatively. The partnership of these four individual organizations will ensure that all areas in the rental housing arena are addressed through the sharing of our respective knowledge and advocacy efforts. This action will give strength in educating the entire industry.”

Any industry groups who would like to contribute to this effort should contact NAA’s Robert Pinnegar

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About IREM
For over 85 years, our members have made us the world’s strongest voice for all things real estate management. Almost 20,000 leaders in commercial and residential management call this home for education, support and networking. Our CPM®, ARM®, ACoM, and AMO® certifications are internationally recognized symbols of ethical leadership and a well-managed property. And our tools deliver decades of on-the-job know-how to help members get even better at what they do. Put simply – IREM and its members are here to elevate the profession. If you know real estate management, come get to know us. Visit irem.org.

About NAA
The National Apartment Association (NAA) serves as the leading voice and preeminent resource through advocacy, education and collaboration on behalf of the rental housing industry. As a federation of 152 affiliates, NAA encompasses over 82,000 members representing more than 10 million apartment homes globally. NAA believes that rental housing is a valuable partner in every community that emphasizes integrity, accountability, collaboration, community responsibility, inclusivity and innovation. To learn more, visit www.naahq.org.

About NMHC
Based in Washington, D.C., the National Multifamily Housing Council (NMHC) is the leadership of the trillion-dollar apartment industry. We bring together the prominent apartment owners, managers and developers who help create thriving communities by providing apartment homes for 40 million Americans. NMHC provides a forum for insight, advocacy and action that enables both members and the communities they help build to thrive. For more information, visit nmhc.org.

About NARPM®
The National Association of Residential Property Managers (NARPM®) provides resources for single family/small multifamily residential property management professionals. NARPM® is the premiere association designed for real estate professionals who know first-hand the unique challenges of managing single-family and small residential properties. NARPM provides an effective, professional learning environment for owners of property management companies and their employees. Visit www.narpm.org to learn more.

About Yardi
Yardi® develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Established in 1984, Yardi is based in Santa Barbara, Calif., and serves clients worldwide. For more information on how Yardi is Energized for Tomorrow, visit yardi.com.

September 29, 2020
NAA Press Releases
Rental Housing Industry Supports Apartment Onsite Teams Day

ARLINGTON, VA | August 12, 2020 –Rental housing industry NAA affiliates, , members and suppliers are celebrating Apartment Onsite Teams Day—#APTeamsDay—and ask you to join us in showing our appreciation for the rental housing industry’s onsite staff who have kept apartment communities operating during the COVID-19 pandemic.

“The rental housing industry does not stop during a crisis, and our industry’s onsite workers have gone above and beyond to keep our residents safe,” said NAA President & CEO Robert Pinnegar, CAE. “More than 40 million Americans call apartments home. Industry workers risked their own health and that of their families to continue providing safe homes for their residents during the pandemic by keeping communities properly maintained and working with renters who have endured financial stress due to COVID-19-induced layoffs or pay reductions.”  

Onsite teams have been keeping residents’ spirits up despite the need to socially distance while they work from home and many needed to educate children from home. New challenges and new protocols have become the norm and while the crisis is not yet over, our onsite teams deserve recognition for their efforts and amazing work.    

“The apartment onsite teams are the front lines of apartment living,” said Apartments.com Senior Vice President Marcia Bollinger. “Rental housing industry suppliers want to recognize and thank these people for their dedication to serving their residents and keeping their communities running. The industry is extremely grateful for their commitment to providing housing during these extraordinary times.”

“Apartment Onsite Teams Day recognizes the men and women who have helped guide apartment communities throughout the country through this unprecedented and uniquely challenging event,” said NAA Association Executives Council President Michael Mini. “We invite you to help us celebrate them by posting your recognition of the people who keep your community running on social media using the hashtag #APTeamsDay.”

Visit www.naahq.org for more information about the apartment housing industry and Apartment Onsite Teams.

 

About NAA
The National Apartment Association (NAA) serves as the leading voice and preeminent resource through advocacy, education and collaboration on behalf of the rental housing industry. As a federation of 152 affiliates, NAA encompasses over 82,000 members representing more than 10 million apartment homes globally. NAA believes that rental housing is a valuable partner in every community that emphasizes integrity, accountability, collaboration, community responsibility, inclusivity and innovation. NAA thanks its strategic partners Maintenance Supply Headquarters a Lowe’s Company and Yardi. To learn more, visit www.naahq.org.

August 12, 2020
outside view of apartment with sun beaming in the distance
NAA Press Releases
Apartment Industry Statement on the Emergency Housing Protections and Relief Act of 2020

Arlington, Va. – The National Apartment Association (NAA) and National Multifamily Housing Council (NMHC) thank members of Congress for their continued focus on supporting apartment residents and the multifamily industry as we continue to confront unprecedented challenges caused by the outbreak of COVID-19.

In a letter to Congressional leadership, NAA and NMHC shared the views of the apartment industry on the Emergency Housing Protections and Relief Act of 2020 (H.R. 7301) and the continued efforts of lawmakers to provide relief to American families and businesses negatively impacted by the COVID-19 pandemic.

At a time when millions of apartment residents are facing financial hardships, this legislation contains several elements that we strongly support, including emergency rental assistance, liquidity for multifamily mortgages and servicers, additional funding for Section 8 Housing Choice Vouchers and other critical federal housing programs and support for rural housing.

While NAA and NMHC are supportive of aspects of the bill aimed at protecting the housing of those who have been impacted by COVID-19 through robust financial assistance and programs designed to keep renters from ever missing an initial rental payment, the apartment industry remains seriously concerned that the expansion of the federal eviction moratorium will undermine the benefits of other provisions. A protracted eviction moratorium does not provide a sustainable, long-term solution for American families facing financial hardship and we oppose the inclusion of this provision for the severe consequences it will have that ultimately blunt the impact of the positive components of the legislation.

On behalf of the apartment industry, we again applaud lawmakers for their efforts to support the tens of millions of Americans who call an apartment home. As H.R. 7301 moves forward, NAA and NMHC urge policymakers to provide much-needed support and protections while not undertaking programs that would exacerbate the country’s housing affordability challenges and undermine other important programs included in the legislation.

The letter from NMHC and NAA to Congressional leadership on H.R. 7301 can be found here.

More resources on COVID-19 from NAA and NMHC and NAA can be found here and here.

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For more than 25 years, the National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) have partnered on behalf of America's apartment industry. Drawing on the knowledge and policy expertise of staff in Washington, D.C., as well as the advocacy power of 155 NAA state and local affiliated associations, NAA and NMHC provide a single voice for developers, owners and operators of multifamily rental housing. One-third of all Americans rent their housing, and 40 million of them live in an apartment home. 

June 29, 2020
NAA Press Releases
NAA Launches NAA Click & Comply

ARLINGTON, VA | April 29, 2020 – The National Apartment Association (NAA) excitedly announces NAA Click & Comply, which is a one-of-a-kind solution designed to streamline operations, mitigates risk and ensures compliance.

“NAA Click & Comply eliminates the need for multiple costly systems,” says NAA Senior Vice President of Industry Operations Amy Groff. “This new product consolidates daily operational requirements into one easy-to-use system allowing for streamlined, consistent processes that save customers time and money while ensuring they are in compliance. By using NAA Click & Comply, property owners and managers can mitigate risk and avoid costly code infractions across their entire portfolios.”

NAA Click & Comply is the result of a collaboration between NAA and Leonardo247 and combines NAA best practices with an operator’s own policies and procedures. Its process automation provides property management teams the tools and clear directions they need to manage multi-million dollar assets. NAA Click & Comply dashboards and reporting provide rental housing executives real-time visibility into what’s happening at their properties, allowing them to quickly identify which communities may need immediate attention.

“NAA Click & Comply integrates NAAs knowledge base with our technology platform, which enables customers to automate daily operations,” says Leonardo247 CEO Daniel Cunningham. “NAA Click & Comply immediately raises the bar on consistency, accountability and overall rental housing operations quality. Members across the country will benefit from this out-of-the-box solution.”

For more information on NAA Click & Comply, please visit comply.naahq.org.

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About NAA
The National Apartment Association (NAA) serves as the leading voice and preeminent resource through advocacy, education and collaboration on behalf of the rental housing industry. As a federation of more than 150 affiliates, NAA encompasses over 82,000 members representing more than 10 million apartment homes globally. NAA believes that rental housing is a valuable partner in every community that emphasizes integrity, accountability, collaboration, community responsibility, inclusivity and innovation. NAA thanks its strategic partners Maintenance Supply Headquarters a Lowe’s Company and Yardi. To learn more, visit
www.naahq.org.

April 29, 2020
NAA Press Releases, COVID-19
Apartment Industry Calls on Congress to Provide Additional Support to Residents, Rental Owners and Operators

Without necessary relief, the industry faces dire economic circumstances that would devastate the stability, availability and affordability of the rental housing supply nationwide

Washington, D.C. – The National Apartment Association (NAA) and the National Multifamily Housing Council (NMHC) appreciate Congress and the Administration’s quick action on the Coronavirus Aid, and Economic Security Act (CARES Act). While many of its provisions are being implemented and relief is beginning to reach affected communities, it is clear from the huge toll the COVID-19 outbreak has had on our nation, further relief and recovery measures are needed.  

The apartment industry continues to face dire economic circumstances that would devastate housing stability and the affordability, availability and quality of the rental housing supply nationwide. Congress must provide additional relief to renters and rental housing operators. NAA and NMHC are calling on lawmakers to act now and provide assistance to our nation’s 108 million renters and the 17.5 million workers the industry supports.  

As the government extends nationwide social distancing protocols and implements stay-at-home orders, the apartment industry is on the front lines of responding to the COVID-19 outbreak in communities across the nation. Rental housing owners and operators take seriously their responsibility to ensure residents are safe and secure. We are working alongside public officials to put residents and employees at ease. Yet, as more residents face job loss or furloughs and are unable to fulfill rent obligations, many owners/operators fear they, too, will not be able to satisfy their own financial obligations required to operate their properties. The proposals above are crucial to mitigating this damage.

Today, NAA and NMHC called on Congress and the Administration to provide additional relief and assistance for America’s rental housing providers, industry professionals and their residents. In a joint letter, NAA and NMHC outlined a number of priorities for inclusion in the next COVID-19 relief package Congress is now considering:  

  • Create an Emergency Rental Assistance Program to help renter households who don’t currently receive federal rental subsidies but are now struggling to cover housing costs due to the COVID-19 crisis;
  • Align the timelines of mortgage forbearance and eviction protections;  
  • Expand the SBA Paycheck Protection Program to include multifamily and student housing firms so they can protect their employees and operations;
  • Provide critical tax relief for multifamily property owners; and
  • Enact critical infrastructure programs to support economic recovery.


NAA and NMHC also joined with other real estate partners in a real estate coalition letter highlighting many of the same priorities detailed in NAA and NMHC’s joint letter. 

The enormity of the challenges we are facing as a nation and as an industry are evolving on a daily or even hourly basis. NAA and NMHC are committed to working with lawmakers to provide the assistance necessary to meet the challenges of the COVID-19 crisis.

More resources on COVID-19 from NMHC and NAA can be found here and here.

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For more than 25 years, the National Apartment Association (NAA) and the National Multifamily Housing Council (NMHC) have partnered on behalf of America's apartment industry. Drawing on the knowledge and policy expertise of staff in Washington, D.C., as well as the advocacy power of more than 150 NAA state and local affiliated associations, NAA and NMHC provide a single voice for developers, owners and operators of multifamily rental housing. One-third of all Americans rent their housing, and 40 million of them live in an apartment home. 

 

April 7, 2020
NAA Press Releases, COVID-19
NAA Urges Rent Payments, Additional Relief Measures Amid COVID-19

The National Apartment Association (NAA) today released the following statement on rent payments amid COVID-19:

Today brings uncertainty for the entire rental housing industry as rent and mortgage payments loom large. Many residents will not be able to make their rental payments – through no fault of their own – which, in turn, will have devastating implications for apartment owners and operators. To minimize the damage, NAA is urging those of our nation’s 40 million renters who’ve been financially unaffected by COVID-19 to make their rent payments in full and on time. Paying rent ultimately keeps people in their homes by ensuring housing providers can meet their own financial obligations and keep the entire apartment community afloat in these troubling times. Rent payments also allow us to keep properties staffed and actively managed to protect our residents from exposure to COVID-19 as a growing number of Americans fall under stay-at-home orders. We stand with our residents, developers, owners and operators as we navigate these challenging times, and encourage flexibility as we continue to work with policymakers and industry leaders to ensure apartment community needs are met.

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About NAA
The National Apartment Association (NAA) serves as the leading voice and preeminent resource through advocacy, education and collaboration on behalf of the rental housing industry. As a federation of more than 150 affiliates, NAA encompasses over 82,000 members representing more than 10 million apartment homes globally. NAA believes that rental housing is a valuable partner in every community that emphasizes integrity, accountability, collaboration, community responsibility, inclusivity and innovation. NAA thanks its strategic partners Maintenance Supply Headquarters a Lowe’s Company and Yardi. To learn more, visit
www.naahq.org.

April 1, 2020
NAA Press Releases, COVID-19
NAA Statement on COVID-19 and Rent
March 23, 2020
NAA Press Releases
NAA and NMHC Response to President Trump’s State of the Union Address

WASHINGTON, D.C. – Statement from the National Apartment Association (NAA) and National Multifamily Housing Council (NMHC) in response to President Trump’s State of the Union address:

NAA and NMHC are encouraged by President Trump’s remarks regarding economic growth, regulatory reform, opportunity zones and infrastructure during tonight’s State of the Union address. We applaud his ongoing efforts to support job growth and break down regulatory barriers that impede construction of needed apartment homes and exacerbate our nation’s housing affordability crisis.

A signature achievement of the President’s housing policy this year was the establishment of the White House Council on Eliminating Regulatory Barriers to Affordable Housing, an effort of which NAA and NMHC are a part. This Council, chaired by the U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson, has done important work highlighting how overly burdensome regulations drive up the costs of development and worsen housing affordability challenges. A study by NMHC and the National Association of Home Builders (NAHB) found that regulations account for an average of 32.1 percent of multifamily development costs and that in a quarter of cases, that number can reach as high as 42.6 percent. Similarly, NAA’s Barriers to U.S. Apartment Construction Index found that complex approval systems are correlated to affordability issues – especially in complex urban markets.

Our nation needs to build 328,000 apartment homes each year just to keep up with demand. The apartment industry looks forward to continuing to work with the Trump administration and members of Congress to meet that demand and help address the housing affordability crisis.

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For more than 25 years, the National Apartment Association (NAA) and the National Multifamily Housing Council (NMHC) have partnered on behalf of America's apartment industry. Drawing on the knowledge and policy expertise of staff in Washington, D.C., as well as the advocacy power of more than 150 NAA state and local affiliated associations, NAA and NMHC provide a single voice for developers, owners and operators of multifamily rental housing. One-third of all Americans rent their housing, and 40 million of them live in an apartment home. 

February 4, 2020

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