NMHC expands, strengthens its commitment to diversity, equity and inclusion in the multifamily industry
The National Multifamily Housing Council (NMHC) announced new programs and resources dedicated to building on NMHC’s work for the past decade promoting diversity, equity and inclusion as a multifamily business imperative key to innovation...
U.S. economic growth expectations largely unchanged as lockdown restrictions ease
Despite substantial revisions to the components constituting real GDP, headline growth expectations on a quarterly and full-year basis were only slightly changed compared to last month, according to the latest commentary from the Fannie...
2018 NMHC 50 demonstrates strong and continued apartment growth
The apartment sector continued its strong economic run last year, reflected in the National Multifamily Housing Council’s (NMHC) newly released 2018 NMHC 50—the authoritative ranking of the nation’s largest apartment owners, manager, developers, builders...
Lumber price surge drives construction material prices higher
The Bureau of Labor Statistics (BLS) released its producer price index report for September 2020. It showed that the BLS price index of materials and components for construction was up 2.1 percent from August,...
Holiday hitchhikers: Keeping pests out of homes this season
The holiday season, a time for family, fun and festivities, is here. If you're not careful, unwanted hitchhikers—pests—may be celebrating the holidays alongside you and your family. Orkin Pest Control has tips for keeping...
Secretary Carson terminates 2015 AFFH Rule
U.S. Department of Housing and Urban Development (HUD) Secretary Ben Carson today announced the Department will ultimately terminate the Obama Administration’s Affirmatively Furthering Fair Housing (AFFH) regulation issued in 2015, which proved to be...
Secretary Carson to lead White House Opportunity and Revitalization Council
Today, President Donald Trump signed an Executive Order establishing the White House Opportunity and Revitalization Council and named U.S. Housing and Urban Development (HUD) Secretary Ben Carson as its chairperson.
The Council’s 13 Federal member...
Rent Payment Tracker: payments down from last month
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 80.4 percent of apartment households made a full or partial rent payment by November 6 in its survey of 11.5 million units of professionally...
No rent growth in September
Yardi Matrix released its September 2020 report on the multifamily rental housing market. The report shows a wide variation in rent growth results for different metro areas but flat rents for the country as...
White House Opportunity and Revitalization Council introduces opportunityzones.gov
Secretary Ben Carson, on behalf of the White House Opportunity and Revitalization Council, announced a new website that will serve as a hub of information for the array of audiences that work with the...
Fannie Mae provides assistance to help renters impacted by COVID-19 stay in their apartments
Fannie Mae wants to help ensure families who are renting in multifamily properties are able to remain in their apartments during these unprecedented times. In coordination with the Federal Housing Finance Agency (FHFA), Fannie...
Four secrets to lowering your commercial insurance premiums
Based on the recent hurricane activities and other coastal disasters over the past couple years, it is no secret that an increase in 2018 insurance premium is coming. These disasters have also led to...
Survey: support for more density in single-family neighborhoods but not for large multifamily buildings
More than three quarters of homeowners across 20 large metro areas agree local governments should do more to keep housing affordable, and most agree that allowing more building would help, according to a new...
Rents show signs of stabilizing in January
The latest rent reports from Yardi Matrix and Apartment List show positive rent growth for the country as-a-whole in January.
Rents rise in January
Yardi Matrix reported that the national average apartment rent rose $3 (0.2...
Historic Chicago apartment development earns 2018 HUD secretary award
The U.S. Department of Housing and Urban Development (HUD) and the Advisory Council on Historic Preservation (ACHP) today announced Chicago’s Rosenwald Courts Apartments, once home to boxer Joe Louis, and Olympian Jesse Owens, as...
