NAA Five, for the Week Ending March 10th, 2023

GIAA Resources, News,
The Big Picture: This week, the media largely focused on housing policy, covering a key announcement from the Biden Administration as well as notable rent control developments from across the country.
What We're Advocating

Biden Administration: The White House made two announcements related to rental housing this week:

  • Junk Fees: HUD has released best practices related to application fees and leasing costs, part of a broader administration effort to crack down on “unavoidable, unnecessary or surprise charges.” Read NAA's digest of the announcement.
  • Resident Screening: The FTC and CFPB released a request for information on a host of issues connected to resident screening. Read NAA's digest of the announcement.
What We're Saying

Tax Policy: In a testimony for the Senate Finance Committee’s hearing on tax policy and affordable housing, NAA and NMHC emphasized that “our ultimate goal is to be sure that apartment providers can meet long-term housing needs of the 38.9 million Americans who live in apartment homes and continue to make significant contributions to the growth of our economy, which currently stands at $3.4 trillion annually.” Read more and watch the hearing

What We're Doing

Advocacy & Legal Update: Join NAA for the next monthly Advocacy & Legal Update on March 15 to hear the latest legal and advocacy news from across the country. Register now

  • ICYMI: Watch last month’s NAA Advocacy & Legal Update. 

What We're Hearing

Rent Control: “The Boston City Council approved Mayor Michelle Wu's plan to cap annual rent hikes Wednesday. It now faces major hurdles on Beacon Hill.” (CBS Boston via MSN

NAA’s Take: The latest state and local rent control updates. Read more