NAA Five, for the Week Ending March 28th, 2025

Date postedMarch 28, 2025
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NAAHQ // March 28, 2025
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NAA FIVE
A weekly digest of key rental housing news and takeaways
prepared exclusively for NAA’s leadership
 
The Big Picture: The latest in rent trends – including the impacts of inflation and pressure from the for-sale market – dominated media coverage this past week. Other notable stories covered the latest in federal housing policy. 
This week’s top stories
What We're Advocating

Advocate: More than 830 rental housing professionals – including 238 newcomers – convened in Washington, D.C. this week for Advocate, NAA’s annual advocacy conference and Lobby Day.  

On Wednesday, attendees held more than 230 meetings with lawmakers on Capitol Hill to promote tax policy as a way to protect the industry’s long-term viability and boost housing affordability for America’s more than 40 million renters. Industry advocates also worked to collect support for the Respect State Housing Laws Act, bipartisan and bicameral legislation that would eliminate any ambiguity that the CARES Act’s Notice to Vacate requirement ended in 2020. 
What We're Saying

FHFA: Earlier this week, Director of the Federal Housing Finance Agency (FHFA) William Pulte rescinded the Agency’s directive imposing three new federally-mandated landlord tenant requirements on covered multifamily housing financed through Fannie Mae and Freddie Mac (the Enterprises). 

The National Apartment Association (NAA) applauds the FHFA and Director Pulte for refocusing the Enterprises’ activities to align with the President’s housing priorities and their core mission—to serve as a reliable source of liquidity and funding for housing finance and community development throughout economic cycles,” wrote NAA’s Nicole Upano. “This order does not impact the FHFA's mandate that the CARES Act 30-day notice to vacate should be enforced at enterprise-backed communities. NAA's advocacy continues to eliminate any ambiguity that this pandemic-era extension of states' required notice prior to an eviction filing ended in 2020." Read more.
What We're Doing

Apartment Amenities: New research from NAA tracks the latest in the evolution of apartment amenity spaces. The study surveyed 250 apartment owners and operators, underscoring the most prominent features of and updates to community spaces, fitness centers, package rooms and more. Read the report. 
What We're Hearing

NAA Eviction Moratorium Lawsuit: “The federal government is making one last-ditch effort to avoid paying out potentially billions of dollars to cover the damage caused by its illegal pandemic-era eviction moratorium. Earlier this year, the U.S. Department of Justice (DOJ) asked the full U.S. Court of Appeals for the Federal Circuit to consider whether an eviction moratorium first issued by the U.S. Centers for Disease Control and Prevention (CDC) in September 2020 constituted a taking of landlords' property requiring compensation from the federal government.” (Reason). 

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