Housing Executive Orders: Late last week, President Trump signed two executive orders aimed at increasing housing development and promoting housing affordability and opportunities. Read NAA’s digest.
Deeper Dive: In a statement applauding the orders, NAA President and CEO Bob Pinnegar said that, “from streamlining permitting requirements and reducing regulatory barriers for new construction to promoting best practices that increase supply, these actions will help meet the need for 4.3 million new apartments by 2035.” Read more.
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Interest Rates: The Federal Reserve’s rate-setting committee left the policy rate unchanged at this week’s meeting. NAA’s Vice President of Research George Ratiu says, “The Federal Open Market Committee (FOMC) finds itself squeezed between the proverbial rock and hard place, as the specter of an oil shock-induced stagflation looms larger." Read more.
Rent Trends: In the latest episode of The NAA Apartmentcast, Leah Cuffy, Director of Advocacy Research, discusses NAA’s interactive Dollar of Rent tool that provides insights into where each dollar of rent is allocated. Listen to the episode.
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NAA Moves to Defend HUD Rule: Earlier this week, NAA filed a motion to defend HUD's interim final rule that would revoke the agency's 30-day notice requirement and restore notice procedures to those set by states and localities. On Monday, plaintiffs in the case withdrew their lawsuit - and the Court formally dismissed the case - citing HUD's delayed implementation of the interim final rule. Learn more.
Advocate: NAA’s annual advocacy conference and Lobby Day is next week! Hundreds of attendees will have the opportunity to advocate for pro-housing solutions and speak to lawmakers about critical housing policies in the nation. Here's everything you need to know before arriving in Washington, D.C.
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Rural Housing: “The high cost of renting and buying homes in U.S. cities is no secret. But this affordability problem isn't limited to urban regions – it affects rural areas as well. Rural areas, home to about 25% of Americans, benefit from federally supported rental housing programs – particularly a U.S. Department of Agriculture program to provide affordable homes for low-income residents.” (PBS)
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