Eviction Moratorium: After efforts to reverse the industry's historic win in Darby were abandoned, housing providers are now negotiating a settlement with the Department of Justice. A new story from the Associated Press dives deep into the case and its stakeholders. Read more.
Rental Fees & Utility Billing: A series of recent actions from the Washington, D.C. Office of the Attorney General (OAG) reveal an increased focus on utility billing transparency and rental fees. Read more.
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Workforce Housing Tax Credit: Earlier this week, Representatives Mike Carey (R-Ohio-15) and Jimmy Panetta (D-Calif.-19) introduced the Workforce Housing Tax Credit Act, legislation that would expand the supply of housing available to moderate-income households struggling with the rising cost of housing. Read more.
Deeper Dive: “Across communities nationwide, housing affordability is the defining issue for many Americans and their families – particularly the middle-income workers that keep our cities and towns running,” said NAA President and CEO Bob Pinnegar in a joint statement. “This important legislation would directly incentivize the construction of workforce housing, in turn increasing supply and lowering costs.”
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NAA Hall of Fame: NAA’s Hall of Fame is the highest association honor that can be bestowed upon a rental housing professional. This year, NAA is proud to recognize Arianna Royster, CPM, industry veteran and former president of Borger Residential, to the NAA Hall of Fame! A powerful advocate, Royster’s leadership has made a significant difference in the industry. Read more on Royster's impact.
Mental Health Awareness Week: Mental Health Awareness Week starts on May 18! Dedicated to supporting mental health and wellbeing in the workplace, the week will highlight leadership and workplace culture in a four-part webinar series. Learn more.
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Eviction Moratorium: “Haines is among more than 1,500 property owners who filed a federal lawsuit arguing the moratorium enacted by the Centers for Disease Control and Prevention violated the Fifth Amendment by unlawfully denying them compensation. Plaintiffs range from those who lost thousands of dollars to one who lost over $14.5 million.” (The Associated Press).
Housing Market: “As AI mints new millionaires, billionaires, and even trillionaires, it’s also threatening to replace entry-level workers... there’s no place that’s more evident than in the Bay Area, at the heart of Silicon Valley.” (Fortune).
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