NAA Five, for the Week Ending July 3rd, 2025

Date postedJuly 3, 2025
GIAA Resources, News,
View in Browser
NAAHQ // July 3, 2025
NAA
 
NAA FIVE
A weekly digest of key rental housing news and takeaways
prepared exclusively for NAA’s leadership
 
The Big Picture: Facing a housing crisis in California, Governor Gavin Newsom (D) signed a two-bill package to overhaul a landmark environmental law. Gen Z is starting to break into the housing market despite affordability challenges. News continues to circulate around the tax bill in Congress. 
This week’s top stories
What We're Advocating

Tax: Earlier this week, the federal tax package passed narrowly out of the U.S. Senate. The bill still includes key rental housing industry tax priorities. A final vote back in the U.S. House is expected soon, and NAA will provide updates as soon as they are available. Read the latest.
What We're Saying

Zoning: NAA’s Nicole Upano was featured in a Multi-Housing News article highlighting the latest in zoning trends from across the country. “We’re seeing more of a movement toward by-right development and considering changes to codes to get back to their core mission,” Upano said. Read the latest. 

Starts and Permits: “Despite steady rental demand, construction trends indicate a complex environment influenced by economic uncertainty and ever-changing regulatory environment,” noted NAA’s Leah Cuffy and Brian Cramer in a summer 2025 digest of multifamily construction trends. “Builders are exercising caution, adjusting to a high-cost environment while continuing to closely monitor policy signals and market shifts.” Learn more about permits, starts and completions.   
What We're Doing

Bipartisan Policy Center Summit: Recently, NAA participated in the 2025 Terwilliger Center Summit on Housing Supply Solutions. Leading a panel conversation on the Section 8 program, NAA emphasized the importance of bipartisan action for housing affordability. Read more. 
What We're Hearing

California Housing Bill: “Gov. Gavin Newsom signed into law an overhaul of California's landmark environmental protection rules that he says is essential to address the state's critical housing shortage and long-running homeless crisis.” (NBC) 

 

Categories

Most Recent Posts