Apartment watch

Things to watch, what to know, in your apartment operation

Multifamily builder and developer confidence down in Q1

Confidence in the market for new multifamily housing weakened significantly in the first quarter of 2020, according to results from the Multifamily Market Survey (MMS) released by the National Association of Home Builders (NAHB). The survey was...

Joint mortgage and housing assistance website launched

To ensure homeowners and renters have the most up to date and accurate housing assistance information during the COVID-19 national emergency, the Consumer Financial Protection Bureau (CFPB), Federal Housing Finance Agency (FHFA), and the...

NY Dem candidate is on a “rent strike”

In New York City’s well-heeled 12th Congressional District, a housing activist named Pete Harrison is running in the Democratic primary to unseat incumbent Congresswoman Carolyn Maloney. But that’s not the only campaign he’s waging....

Morgan Properties launches Morgan Cares

Morgan Properties, one of the nation's largest and fastest-growing multifamily owners, announced today the launch of Morgan Cares, a program created to support local hospitals and food banks as they combat the COVID-19 pandemic...

HUD adds funding for PHAs’ COVID-19 fight

U.S. Department of Housing and Urban Development Secretary Ben Carson announced the allocation of $380 million in supplemental administrative fee funding to all Public Housing Authorities (PHA), including Moving to Work (MTW) PHAs. The...

Property managers can impact rent payment

The national COVID-19 Resident Sentiment Report released by Grace Hill reveals that many more renters are unsure about their ability to pay May rent as the economic impact of COVID-19 is fully felt. But, property...

April apartment market conditions showed weakness amid COVID-19 outbreak

Apartment market conditions weakened in the National Multifamily Housing Council’s (NMHC) Quarterly Survey of Apartment Market Conditions for April 2020, as the industry confronts the ongoing COVID-19 pandemic. The Market Tightness (12), Sales Volume...

Rent Payment Tracker finds rent payment rate at 95 percent of prior month

The National Multifamily Housing Council (NMHC) found that 89 percent of apartment households made a full or partial rent payment by April 19 in its survey of 11.5 million units of professionally managed apartment units across the country,...

HUD funds COVID-19 related fair housing activities

The U.S. Department of Housing and Urban Development (HUD) announced it is awarding $1.5 million in Partnership and Special Enforcement Effort funds to HUD Fair Housing Assistance Program (FHAP) agencies to support COVID-19 education...

Survey shows significant delays in apartment construction

The percent of apartment developers reporting construction delays remained essentially the same in the second iteration of the National Multifamily Housing Council’s (NMHC) Construction Survey—56 percent compared to 55 percent in the April 3...

NMHC Research Foundation releases new study on apartment filtering

The NMHC Research Foundation released a pioneering new study exploring the impact of the filtering process on apartment housing. A better understanding of the detailed nature of our housing affordability challenges is more important than...

HUD implements new CARES Act multifamily mortgage payment relief to maintain and preserve affordable...

The U.S. Department of Housing and Urban Development (HUD) announced it is issuing new mortgage payment relief guidance under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act) for borrowers with multifamily mortgages...

Study shows April rent payments delayed

A study by the National Multifamily Housing Council (NMHC) using data provided by 5 leading property management software (PMS) providers found a 12-percentage point decrease in the share of apartment households that paid April...

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...

NMHC Multifamily Construction Survey explores impact of COVID-19 on the industry

The National Multifamily Housing Council (NMHC) today released a new survey on multifamily construction that found more than half (55 percent) of respondents said that they are currently experiencing construction delays in the jurisdictions...
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