NAA Five, for the Week Ending February 10th, 2023

State of the Union: In response to President Biden’s State of the Union address, NAA and NMHC released the following joint statement: 

“NAA and NMHC understand our nation’s housing affordability challenges and call for responsible and sustainable solutions that will ensure the viability of rental housing options for all Americans. We stand ready to continue working with the Administration to identify solutions that will address the national rental housing shortage. It is only through the combined partnership of the rental housing industry and the government that real policy solutions will be developed that benefit housing providers and residents alike.” 

Section 8: In a statement endorsing the bipartisan Choice in Affordable Housing Act, NAA President and CEO Bob Pinnegar said that “by speeding-up resident approval processes, reducing duplicative inspections requirements and providing better ongoing support for housing provider participants, the Choice in Affordable Housing Act will encourage more voluntary participation from the industry and, most importantly, increase positive outcomes for participating owners and residents alike." Read more. 

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

Advocacy & Legal Update: Join NAA for the next monthly Advocacy & Legal Update on Feb. 15 to hear the latest legal and advocacy news from across the country. Register now. 

Rent Control: “Tenant-friendly changes made to New York City’s rent stabilization rules in 2019 were constitutional, a federal appeals court ruled Monday, turning back a pair of challenges brought by landlords.” (Bloomberg) 

NAA’s Take: Read NAA’s digest of the ruling.