NAA Five, for the Week Ending August 15th, 2025

Date postedAugust 15, 2025
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NAAHQ // Aug. 15, 2025
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NAA FIVE
A weekly digest of key rental housing news and takeaways
prepared exclusively for NAA’s leadership
 

The Big Picture: An advocacy group in Massachusetts has added a question to the ballot to cap rent increases to 5%. In Washington state, less than half of rental units available are under $1,000, a significant decrease over the last decade. A new report highlights Arizona’s increased cost of living, rising above the national average for the first time.  
This week’s top stories
What We're Advocating

Eviction Law: Thanks to the steadfast advocacy of the Texas Apartment Association, a new state law streamlines the state’s eviction process, provides greater certainty in the process to remove squatters, authorizes only the state legislature to impose eviction moratoria and clarifies housing provider compliance with the CARES Act 30-day notice requirement for covered housing. Read more. ​​​​​​
What We're Saying

LIHTC: In an interview with Bisnow on the Low-Income Housing Tax Credit (LIHTC) and broader budget conversations in Congress, NAA’s Greg Brown says that “very few LIHTC units are built with just LIHTC. It requires lots of sources of financing, including programs that are financed by HUD, or programs that are run by HUD.” Learn more. 
What We're Doing

Tracking Mortgage Rates: The Freddie Mac fixed rate for a 30-year loan declined 9 basis points last week to 6.63% following the 20-basis point drop in the 10-year Treasury. Read more.  ​​​​​​

 
What We're Hearing

Pro-Development Legislation: California’s new pro-development legislation tackles housing supply and development challenges by introducing modifications to the California Environmental Quality Act (CEQA). Read more. 

Innovative Solutions: “Massachusetts is launching a transformative initiative to address its housing crisis by repurposing surplus state-owned properties. Gov. Maura Healey has released more than 450 acres of unused land, aiming to create up to 3,500 new housing units across the commonwealth.” (NBC Boston).  

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