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| NAA FIVE |
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A weekly digest of key rental housing news and takeaways
prepared exclusively for NAA’s leadership
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| The Big Picture: The Fed left interest rates unchanged this week. New policy reforms are being embraced in multiple states. A tough housing market is sending mixed messages to home remodelers. |
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Election 2026: With only four days until Election Day, housing affordability once again remains a core focus of this year's midterm election. NAA has launched a live updates page to track the latest trends we're monitoring and outcomes of the 2026 election, including nearly 15 state and local ballot initiatives. Track the latest.
Deeper Dive: Stay updated with the latest in housing politics with NAA’s Apartment Advocate.
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Interest Rates: At this month's Federal Reserve meeting, interest rates remained unchanged. NAA's VP of Research George Ratiu says, "The Federal Open Market Committee (FOMC) must balance accelerating prices which are squeezing consumers’ finances and casting a looming shadow over the outlook with incoming data and current administration expectations of rate cuts. The FOMC decided to keep the policy rate unchanged in the 3.75% to 4% range." Read more.
ROAD: NAA's Owen Caine and Nicole Upano joined Multifamily Dive to share the latest updates on the 21st Century ROAD to Housing Act, including key provisions and what's next for implementation. Read the latest.
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Assembly of Delegates: The Assembly of Delegates (AOD), taking place from Nov. 11-13, 2026, is fast approaching! Taking place in Kansas City, Mo., AOD is NAA’s largest business meeting of the year, where all NAA and NAAEI Boards, Committees and Task Forces meet and the new incoming volunteer leadership is installed. Register here.
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Housing: “The federal government has received much attention for enacting the nation’s first major housing package in three decades: the 21st Century ROAD to Housing Act, which took effect in July 2026 with the support of massive majorities in the House and the Senate. But states have also entered the arena with bipartisan support for laws that allow more homes. (Pew)
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