NAA Five, for the Week Ending January 27th, 2023

Posted By: Karey Landers AACO Resources, Industry,
The Big Picture: This week, the media largely focused on the Biden Administration’s renter protections announcement. Other notable stories focused on state and local housing dynamics as rents continue to fall.
What We're Advocating

White House: On Jan. 25, the White House announced a blueprint for advancing a “Renters Bill of Rights.” NAA’s advocacy helped avert an executive order supported by renters advocates and members of Congress, which would have imposed immediate policy changes.

• Read an initial digest of the plan.
• Read NAA’s media statement
• See NAA’s coverage in CNBCCNN Business and The Washington Post

What We're Saying
Rent Control: “Around the country, the rent control debate continues to garner significant attention. In Maryland, leaders in Price George’s and Montgomery Counties are considering up to a five percent rent cap. The California Apartment Association has also launched a lawsuit against Pasadena’s rent control law, Measure H. The next hearing is slated for this week,” said NAA’s Nicole Upano in the latest Minute Advocate video digest. Watch now
What We're Doing

Diversity Leadership Program: NAA has named the 2023 Diversity Leadership Program (DLP) class. The DLP annually provides 15 rental housing professionals from diverse backgrounds an opportunity to grow and learn from leaders in the industry. Meet this year’s class.

What We're Hearing

Renter Protections: “This is something the president identified as being necessary on the campaign trail, and is not necessarily purely a product of the current surge in rents, because this is much more expansive than thinking about this in the context of rent growth,” said Erika Poethig, Special Assistant to the President for Housing and Urban Policy at the Domestic Policy Council, in an interview with The Washington Post. “It’s about thinking about many other aspects of what contributes to a fair market.” Read more.