NAA Five, for the Week Ending February 27th, 2026

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NAAHQ // Feb. 27
NAA
 
NAA FIVE
A weekly digest of key rental housing news and takeaways
prepared exclusively for NAA’s leadership
 

The Big Picture: HUD and USDA revoked their 30-day notice rules. President Trump mentions housing supply and affordability in his State of the Union. Supply shortages continue to affect rent prices nationwide. 

This week’s top stories
What We're Advocating

Fee Transparency: NAA is tracking 25 state-level bills and six proposals at the local level in 21 states on industry fee transparency. Currently, 20 states and six localities have fee transparency mandates applicable to rental housing providers. Read more

State of the Union: In response to Tuesday’s State of the Union address, NAA and the National Multifamily Housing Council (NMHC) released a joint statement. Learn more

What We're Saying

30-Day Notice Rules: Shortly after the U.S. Department of Housing and Urban Development (HUD)’s release of its interim rule revoking the 30-day notice requirement, the U.S Department of Agriculture (USDA) issued a similar rule under its jurisdiction. Learn more. 

Industry Response: In a HUD press release, NAA’s Bob Pinnegar said, “For more than five years now, federal intrusion into the highly localized eviction process has only exacerbated myriad housing challenges in communities nationwide—particularly as affordability remains one of the defining issues of our time.” Read more

Federal Tariff Policy: Late last week, the Supreme Court of the United States (SCOTUS) ruled that the International Emergency Economic Powers Act (IEEPA) does not authorize the President to impose tariffs. Read the digest article.

What We're Doing

Advocate Town Hall: Advocate, NAA’s annual advocacy conference and Lobby Day, is less than a month away. New for 2026, the NAA Town Hall on Friday, March 27 at 11 a.m. ET will feature a roundtable discussion on rental housing price transparency. As the FTC pursues active rulemaking in the space, join industry experts for a conversation on the latest trends and developments. Learn more

Dollar of Rent: NAA’s Dollar of Rent tool provides insights to where every dollar of rent goes. Despite misconceptions, 89 cents of every rent dollar goes to operating expenses, providing jobs and more. Read more.  

What We're Hearing

Housing Affordability: “President Donald Trump touched on housing in his Tuesday evening State of the Union address, but his lengthy, economy-focused speech offered little in the way of depth about the policies he plans to pursue.” (Multifamily Dive