Frequently Asked Questions
NAAPAC is the voluntary, non-partisan political action committee of the National Apartment Association. It is solely dedicated to protecting and promoting the multifamily housing industry. NAAPAC strives to educate Congress about our industry and pledges that no decision is made that will affect the industry, good or bad, until our voice is heard.
WHAT IS A POLITICAL ACTION COMMITTEE?
A fund that raises money to influence elections or legislation at the federal level. NAAPAC helps to elect candidates to Congress (US House and Senate) that understand and are committed to the success of the multifamily housing industry.
WHO GOVERNS NAAPAC?
The NAA Board of Trustees, a body of twenty-one multifamily professionals chosen annually by the NAA Board of Directors. They oversee the NAAPAC budget and consider contributions to federal political candidates based on a series of criteria, such as:
- Record of support for the multifamily housing industry
- Leadership position in Congress
- Committee assignments and rank
- Opportunity for champion development
- Financial need
HOW DOES NAAPAC SUPPORT THE MULTIFAMILY INDUSTRY?
The Board of Trustees works with the NAA Government Affairs team, who provide political advice to ensure that all NAAPAC contributions are given to qualified candidates who will best represent the political interests of the multifamily housing industry.
WHO CAN CONTRIBUTE?
NAAPAC is a federal PAC connected to the National Apartment Association. Due to Federal Election Commission (FEC) regulations NAAPAC is only allowed to ask for contributions from a select group of people. The FEC term for this is the “restricted class.” It includes members, officers and exempt employees of the NAA and state and local apartment associations that are affiliated with NAA. We can only take personal contributions. We cannot accept corporate contributions. We can only accept contributions from the executives, managers and administrators of SBAA member corporations. We can also accept contributions from the partners of AACO member partnerships, LLCs, etc.
WHY SHOULD I CONTRIBUTE?
Fundamental decisions are made in Congress that affect the multifamily industry and NAAPAC strives to educate members on our issues and concerns. Through our involvement, we influence decisions on issues such as Tax Reform, Flood Insurance, Housing Finance, Fair Housing and ADA.