NAA Five, for the Week Ending January 31st, 2025

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NAAHQ // Jan. 31, 2025
NAA
 
NAA FIVE
A weekly digest of key rental housing news and takeaways
prepared exclusively for NAA’s leadership
 

Media conversations focused heavily on the Federal Communications Commission’s (FCC) decision to withdraw its proposal to restrict broadband bulk-billing agreements. Additional stories covered the latest in immigration enforcement and state and local policy developments.
This week’s top stories
What We're Advocating

Federal Financial Assistance: On Wednesday, the Office of Management and Budget (OMB) rescinded a memorandum to agency and department heads across the government that ordered a federal financial assistance freeze. While the memorandum has been rescinded, some ambiguity remains about the potential impact on federal housing programs. Read the latest

What We're Saying

Industry Win: Earlier this week, the FCC withdrew a proposal that would have restricted high-speed bulk-billing agreements. In a press statement, NAA joined the National Multifamily Council (NMHC) and Real Estate Technology and Transformation Center (RETTC) in applauding the announcement. “By making this move, the new FCC is acknowledging the critical role these agreements play in encouraging broadband investment, bridging the digital divide and lowering internet costs,” said NAA’s Bob Pinnegar. Read more

Deeper Dive: Read coverage of NAA’s response to the announcement in Reuters and Multifamily Dive

Rental Housing Outlook: In an executive outlook for 2025, NAA’s Bob Pinnegar shared insights and predictions for the year ahead with Multifamily Executive. “Policy is also top of mind in the year ahead. For one, many key tax provisions that help the industry and promote affordability expire, and our efforts will work to get them extended,” Pinnegar said. Read more

What We're Doing

Immigration: NAA has released a member resource on immigration enforcement and rental housing. 
 
CARES Act Win: On Jan. 24, the Iowa Supreme Court ruled that the CARES Act's notice to vacate provision is not a permanent change to state landlord-tenant laws but was intended to address temporary, COVID-19-related circumstances. Read more

What We're Hearing

Housing Policy: “New state laws taking effect this month aim to confront the nation’s ongoing housing crisis in various ways, from expanding housing options, to speeding up the development process, to protecting struggling tenants from eviction. Similar bills are in store for this year’s legislative sessions.” (Stateline.)