Apartment industry calls on Congress to provide additional support to residents, rental owners and...
The National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) appreciate Congress and the Administration’s quick action on the Coronavirus Aid, and Economic Security Act, (CARES Act). While many of its provisions...
HUD awards $14 million to help low-income public housing residents secure higher paying jobs
To help low-income public housing residents increase their income and move toward self-sufficiency, the U.S. Department of Housing and Urban Development (HUD) today awarded $14 million to seven Public Housing Authorities (PHAs). HUD’s Jobs Plus...
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...
Builder confidence edges lower on inflation concerns
Growing inflation concerns and ongoing supply chain disruptions snapped a four-month rise in builder sentiment even as consumer demand remains robust. Builder confidence in the market for newly built single-family homes moved one point lower to 83...
HUD takes a major step to improve health and safety inspections
The U.S. Department of Housing and Urban Development (HUD) announced another step to overhaul the Department’s 20-year-old inspection process to ensure taxpayer-supported housing is healthy and safe. HUD is launching a new demonstration to...
Economic forecasts show rising inflation concerns
A pair of economic forecasts, one from Fannie Mae and one from the Federal Reserve predict higher inflation ahead and higher interest rates as a result.
Fannie Mae issues a monthly forecast for the economy...
Ginnie Mae extends submission deadline for issuer eligibility request for input
Ginnie Mae announced it will extend the comment period on its Request for Input (RFI) on Eligibility Requirements for Single-Family MBS Issuers by an additional 60 days. This extension recognizes the significance of and...
Risk levels of rental applicants improving, but property managers still face challenges
Risk levels of renters continued to improve at the beginning of 2018, especially in cities where jobs are strong and rental prices remain affordable. These findings from TransUnion (NYSE: TRU) Rental Screening Solutions were...
Falling mortgage rates bolster Freddie Mac’s Apartment Investment Market Index in Q1
The Freddie Mac Multifamily Apartment Investment Market Index (AIMI®) rose by 2.4 percent in Q1 2019 as mortgage rates fell and net operating incomes (NOI) continued their decade-long rise. The annual change in the index remained negative...
Rent growth barely positive in August
Yardi Matrix released its August 2020 report on the multifamily rental housing market. The report shows that rent growth was positive for the second month in a row and that secondary markets are doing...
Fannie Mae updates 2021 and 2022 forecasts
Fannie Mae recently revised its economic outlook for 2021. The new forecast predicts significantly higher growth over the next two years than their last forecast from only one month ago. The economists at Fannie...
Apartment industry reacts to Trump order on regulations
The National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) applaud the Trump administration’s signing of an Executive Order directing agencies to use emergency authorities to identify regulations that can be rescinded...
2021 NAA Excellence Awards winners announced
The National Apartment Association (NAA) formally recognized the winners of the 2021 NAA Excellence Awards at a virtual ceremony sponsored by Belfor Property Restoration on June 16. The ceremony took place during Apartmentalize+, a...
Rent reform, AFFH, supply and housing vouchers
HUD Secretary Ben Carson, NMHC Fall Meeting Washington, DC ~ September 14, 2018
Introduction
Thank you, Sue, for the kind introduction. I am delighted to join you for your fall Council Meeting.
The National Multifamily Housing Council...
Apartment industry offers housing stability support for residents impacted by COVID-19
America’s renters and housing providers are facing unprecedented financial hardships due to the outbreak of COVID-19 and are struggling to meet their financial obligations.
As the financial distress from the outbreak of COVID-19 continues, the...
