NAA Five, for the Week Ending November 28th, 2025

Date postedNovember 28, 2025
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NAAHQ // Nov 28, 2025
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NAA FIVE
A weekly digest of key rental housing news and takeaways
prepared exclusively for NAA’s leadership
 

The Big Picture: The U.S. Federal Housing Finance Agency has set the multifamily loan purchase cap to $88 billion for next year per Enterprise. Housing sales have increased due to mortgage rates remaining near 6%. A new poll shows that Massachusetts voters are eager for rent control.   
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What We're Advocating

Housing Reform Bill: Washington, D.C. Mayor Muriel Bowser signed the "Rebalancing Expectations for Neighbors, Tenants, and Landlords (RENTAL) Act of 2025." The Act reforms various aspects of D.C.’s housing laws, including pandemic-era requirements that led to a rent delinquency crisis and destabilized affordable housing in the District. Read more on what this means. 
What We're Saying

Multifamily Loan Purchase Caps: The Federal Housing Finance Agency (FHFA) has announced an increase in multifamily loan purchase caps for 2026. This increase is $88 billion for each of the Enterprises and will support housing affordability and availability. Read more on this significant news.  

Housing Policy: NAA’s Nicole Upano joined FOX 5 DC’s Live Zone to discuss what’s next for federal housing policy following the government shutdown. Watch here​. 
What We're Doing

Insurance Lawsuit Monitoring: The Illinois Attorney General filed a lawsuit against an insurance provider and its subsidiaries on behalf of the state’s Department of Insurance, alleging that the insurance provider refused to comply with data requests. Read more. 

Cultivate: Cultivate, NAA’s conference for senior leaders, is fast approaching! From February 17-18, this intimate and strategic event in Nashville will feature high level networking opportunities and tackle the industry's most pressing challenges. Learn more here. 
What We're Hearing

Housing Sales: “The housing market experienced a slightly positive shift mid-June and is ending 2025 on even more positive news. Existing home sales have shown four consecutive months of year-over-year growth and our total pending home sales data has just reached a multiyear high for this calendar week.” (HousingWire) 

Loan Purchase Cap: “The U.S. Federal Housing Finance Agency has set Freddie Mac Multifamily’s loan purchase cap for the next year at $88 billion. The institution sets it based on projections for the size of the debt origination market.” (Multi-Housing News) 

 

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