NAA Five, for the Week Ending February 3rd, 2023

Posted By: Denise Hanzlik Industry, SDMHA Resources,
The Big Picture: This week, the media continued to focus on the Biden Administration’s renter protections announcement. Other notable stories looked at continued rent declines in January.
What We're Advocating

White House: NAA’s policy analysis digests key principles and agency commitments announced in President Biden’s “Blueprint for a Renters Bill of Rights.” Read more

Congress: Last week, Sens. Chris Coons (D-Del.) and Kevin Cramer (R-N.D.) reintroduced the Choice in Affordable Housing Act, bipartisan legislation that would revitalize HUD’s Section 8 program. NAA President and CEO Bob Pinnegar emphasized that the bill “will encourage more voluntary participation from the industry and, most importantly, increase positive outcomes for participating owners and residents alike.” Read more.

What We're Saying

Renter Protections: “The administration’s blueprint ultimately fails to address the root of affordability challenges: a shortage of housing supply at all price points,” NAA’s Nicole Upano told Multi-Housing News on the White House’s renter protections plan. Read more

NAA in the News: See NAA’s top media placements

What We're Doing

Cultivate: NAA opened registration this week for Cultivate, a new, annual event for senior leadership that focuses on solving industry challenges among peers and leaders in a retreat-style experience. The inaugural event will be held Sept. 27-28, 2023, in Tucson, Ariz. Learn more

What We're Hearing

Rent: From Apartment List: “Our national rent index fell by 0.3 percent over the course of January, marking the fifth straight month-over-month decline. This month’s price dip was notably more moderate than the record-setting declines we saw from October through December. That said, January’s decline was still sharper than the usual seasonal trend, signaling the continuation of a broader cooldown in market conditions.” Read more