NAA Five, for the Week Ending February 14th, 2025

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NAAHQ // Feb. 14, 2025
NAA
 
NAA FIVE
A weekly digest of key rental housing news and takeaways
prepared exclusively for NAA’s leadership
 
The Big Picture: Rental market trends – from inflation to rent costs – largely dominated media conversations this week. Other notable stories covered the latest rent control developments across the country, including new plans announced in the Boston mayoral race.
This week’s top stories
What We're Advocating

Ending the CARES Act Notice to Vacate: Late last week, lawmakers in the U.S. House and Senate reintroduced the Respect State Housing Laws Act, bipartisan legislation that would end the federal CARES Act Notice to Vacate requirement. NAA worked with industry coalition partners and alongside policymakers to secure this important bill’s reintroduction. Read the latest

What We're Saying

Market Trends: NAA’s Paula Munger joined The Lease Up podcast with Multi-Housing News to share key insights on the rental market’s trajectory in 2025. Listen here to catch up on the latest in supply and demand, multifamily construction, artificial intelligence and more. 

What We're Doing

20 on the Rise: Applications close today for NAA’s rebranded 20 on the Rise program, celebrating rising stars in rental housing. Learn more with the Beyond Rent podcast and encourage someone to apply today

Board Reporting: NAA is tracking recent lawsuits in Illinois and Minnesota that question the legality of demographic reporting and race-related representation requirements. These state laws relate to volunteer membership and not-for-profit corporation director and board members. Read more

What We're Hearing

Inflation: “Shelter inflation, which is a measure of the average cost of housing in the U.S., rose to 4.8% year-over-year in December, according to the latest Consumer Price Index, the most commonly used measure of inflation. It’s a big reason the broader inflation rate hasn’t fallen back down to the Federal Reserve’s ideal target of 2%.” (CNN Business