New Charts Help Answer Familial Status Questions - New NAA/NMHC charts are now available to help property owners and managers make better decisions about familial status policies. The charts are not legal advice, but are intended to aid apartment owners and operators in evaluating their familial status and occupancy policies.The four charts provide a decision tree and a list of do’s and don’ts covering familial status and:
- Swimming pool rules
- Curfews and supervision
Senate Leaders Introduce Flood Reauthorization – Chairman Mike Crapo and Ranking Member Sherrod Brown of the Senate Banking Committee have introduced bipartisan legislation to reauthorize and reform the National Flood Insurance Program. Congress is working aggressively towards advancing a reauthorization package before the program expires Sept. 30.
Apartment Industry Provides Congress with Housing Affordability Solutions –The apartment industry has provided Congress with solutions to address housing affordability challenges confronting the nation. Submitting detailed proposals ahead of a Senate Finance Committee hearing, "America’s Affordable Housing Crisis: Challenges and Solutions," held Aug. 1, NAA/NMHC called on Congress to expand housing tax incentives, fully fund housing programs and remove regulatory barriers.
Administration Reverses Course; Agrees to Review AFFH Rule – After months of pressure from industry groups and Congress, HUD is taking a second look at a controversial regulation from the previous Administration. HUD Secretary Ben Carson has announced that the Department will “reinterpret” the Affirmatively Furthering Fair Housing Rule finalized under the previous Administration in 2015.
New VAWA Guidance Released - HUD's Office of Multifamily Housing has issued additional guidance for apartment owners and managers regarding implementation of the 2013 Violence Against Women Act. Last fall HUD had published a final rule to fully implement the requirements of the 2013 Act. The rule prohibits housing providers from denying or terminating housing assistance on the basis that an applicant or resident is a victim.
Good News on DOL’s Overtime Rule - The Trump Administration signaled in late June its opposition to the Department of Labor’s overtime regulation and asked a federal appeals court to rule it could use salary levels to set a lower threshold. NAA/NMHC continue to monitor the status of the Labor Department’s overtime rule that sought to lift the overtime pay threshold from $23,600 to $47,476.
Apartment Industry Makes Its Case to Senate Finance - NAA/NMHC again took the opportunity to inform the Senate Finance Committee of the apartment housing industry’s tax reform priorities. In mid-July, the industry submitted comments in response to a request from Finance Committee Chairman Orrin Hatch (R-UT) for stakeholder input on tax reform.
Senate Kicks Off Hearings on Housing Finance Reform - Housing finance reform was front and center as the Senate Committee on Banking, Housing and Urban Affairs, kicked off what may be a series of hearings on the topic. NAA/NMHC issued a letter to the Committee supporting their initiative and citing the importance of including multifamily in its work on housing finance reform.
House Committee Rules Against Joint Employer Rule - The House Appropriations Committee has released its draft Fiscal Year 2018 Labor-HHS-Education appropriations bill with a policy rider that would deny the National Labor Relations Board the ability to enforce or litigate its so-called joint employer rule. The NLRB’s new standard could potentially make apartment firms liable for the actions of their subcontractors, suppliers, vendors and temporary staff.
House Committee Votes to Overturn Ambush Election Rule - NAA/NMHC have congratulated the House Education and the Workforce Committee for approving legislation to overturn the National Labor Relations Board’s so-called “ambush” election rule.
Treasury Signals Estate Tax Regulations Could be Rescinded or Modified - The Treasury Department has identified controversial estate tax regulations proposed in 2016 as burdensome and eligible to be substantially modified or repealed. The proposed estate tax regulations target intra-family transfers and valuation discounts that result from lapsing rights and restrictions on liquidations.
House Panel Passes Flood Reauthorization and Reforms –The House Financial Services Committee has taken another step towards the much-needed reauthorization of the National Flood Insurance Program. The Committee finished its consideration of numerous pieces of legislation in June as part of their efforts to reform and reauthorize the NFIP and set it on a more financially solvent path forward.
NAA/NMHC Comment on Reducing Onerous Regulations at HUD – In late June, NAA/NMHC weighed in with HUD, urging the agency to consider a number of industry recommendations regarding President Trump’s Executive Order 13777 on Reducing Regulatory Burdens. NAA/NMHC applaud the Administration’s efforts to overhaul the federal regulatory landscape and reduce unnecessary burdens felt by American businesses.
IRS Re-releases Proposed Partnership Audit Regulations –The IRS has re-released proposed regulations that would overhaul how partnerships are audited. While these proposed rules were originally proposed and then temporarily withdrawn in January after President Trump ordered a pause on all new regulations, they will now govern how partnerships will be audited.
FCC Seeks Comment on Barriers to Delivery of Broadband Services – The FCC has unanimously approved a Notice of Inquiry seeking input on the market for broadband in residential and commercial multiple tenant environments that include apartment communities. The FCC plans to review policies on exclusive marketing and bulk billing arrangements, as well as revenue sharing and exclusive wiring agreements between property owners and service providers.
NAA Board Adopts Policy on Rent Regulation – The NAA Board of Directors has approved a statement of policy on rent regulation of apartments. The statement concludes that NAA opposes rent regulation as a strategy to respond to affordability concerns and instead supports policies that focus on enabling greater development of housing as the solution to affordability and supply concerns.
Hardest and Easiest Cities to Add New Apartments Ranked – Honolulu, Boston, Baltimore, Miami and Memphis are the hardest cities to add new apartments, according to new research from Hoyt Advisory Services, commissioned by NAA/NMHC. The research examines and ranks 50 metro areas based on specific factors, including local regulations and the amount of available land to develop.
Vision 2030: How to Meet Demand and Control the Cost of Housing – NAA/NMHC are advocating for solutions to help supply meet demand and reduce the cost of developing apartments in a new report addressing policymakers at all levels of government. Released June 26, the Vision 2030 report explains how rising apartment demand is challenging families to find quality rental housing they can afford and outlines how lawmakers can lower barriers to development to better address the current and future housing shortage of all types of apartments and at all price points.
U.S. Needs 4.6M New Apartments by 2030 to Keep Pace with Demand – Delayed marriages, an aging population and international immigration are increasing a pressing need for new apartments, to the tune of 4.6 million by 2030, according to a new study commissioned by NAA and NMHC. “Apartment rentals are on the rise, and this trend is expected to continue at least through 2030, which means we’ll need millions of new apartments in the U.S. to meet the increased demand …The need is for all types of apartments and at all price points,” said NAA Chair Cindy Clare, CPM.
New Advocacy Video: Our Industry Loves Animals, But Some Residents Take Advantage – The apartment industry loves animals and many of us have our own. Our communities also support residents having animals, especially those who request them for emotional support. But sometimes residents take advantage. Watch the video.
NAA/NMHC Join Real Estate Industry in Comments to Tax-Writing Committees – Congress’ primary tax-writing committees, the House Committee on Ways and Means and Senate Finance Committee, recently held several hearings on comprehensive tax reform. Given the importance of tax reform to the apartment industry, NAA/NMHC continue to aggressively advocate for our core tax principles.
DOL Rescinds Joint Employer, Independent Contractor Guidance – The Department on Labor has withdrawn burdensome guidance released by the Obama Administration that significantly broadened the definition of a joint employer. The action represents an important first step in overturning the National Labor Relations Board’s joint employer standard that could potentially make apartment firms liable for the actions of their subcontractors, suppliers, vendors and temporary staff.
House Committee Tees Up Flood Reform in Hearing – In the third House hearing on the topic in recent months, the House Financial Services Committee engaged stakeholders who talked of the need to reauthorize the National Flood Insurance Program and better protect taxpayers in the wake of a disaster. Members on both sides of the aisle highlighted many apartment industry priorities.
HUD Moves Closer to Regulatory Reform – HUD has followed through on a Trump Administration directive requiring each federal agency to establish a task force committed to pursuing regulatory reform.
Apartment Industry News:
For the latest in apartment industry policy and advocacy news, read the Apartment Advocate, NAA Government Affairs' flagship publication.