Bumps in the road for Katerra
Ambitious construction startup Katerra has laid off 7 percent of its workforce as it shifts its focus from fleshing out its product offerings to becoming profitable. This is at least the fourth round of...
Emotional support animal vs person with allergies: Who wins?
The Iowa State Supreme Court looked at a conflict between two people, both requesting "reasonable accommodation," in a recent ruling. Origins of the conflict Karen Cohen has a severe allergy to pet dander. Because of this,...
HUD awards over $40 million to fight housing discrimination
The U.S. Department of Housing and Urban Development (HUD) awarded $40.8 million to support dozens of fair housing organizations working to help end housing discrimination (see grant chart below for full list of recipients)....
Apartment industry statement on the Emergency Housing Protections and Relief Act of 2020
The National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) thank members of Congress for their continued focus on supporting apartment residents and the multifamily industry as we continue to confront unprecedented...
Rent tracker shows payments up in June
The NMHC rent tracker project has released its third reading on rent collections in the month of June. A total of 92.2 percent of residents had made a rent payment by June 20, 2020....
Construction materials prices flat in May
The Bureau of Labor Statistics (BLS) released its producer price index report for May 2020. It showed that overall prices for processed goods for intermediate demand rose by 0.1 percent, breaking a string of...
Rents continue to decline in May
Yardi Matrix released its May 2020 report on the multifamily rental housing market. The report shows that the COVID-19 induced softness in the market is continuing. Rent growth drops While the usual annual pattern is for...
Multifamily housing construction up in May
The Census Bureau released its monthly new residential construction report for May 2020. It shows the start of a rebound in multifamily housing construction. Permits pick up The number of permits issued for buildings with 5...
HUD awards nearly $40 million in housing counseling grants
The U.S. Department of Housing and Urban Development (HUD) awarded nearly $40 million in housing counseling grants to help over one million individuals and families access HUD-approved housing counseling to help them avoid foreclosure...
Mid-June rent payments reported strong
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 89.0 percent of apartment households made a full or partial rent payment by June 13 in its survey of 11.4 million units of professionally...
Landlords sue to end state’s eviction ban
Two landlords filed a lawsuit challenging California courts’ refusal to hear eviction proceedings. In its response to the COVID-19 pandemic, the agency that oversees California’s courts declared that courts would not consider eviction cases...
NAHB safety handbook primes builders on newly-released OSHA regulations
In the residential construction industry, a safe work environment and well-written, up-to-date program isn't optional, it's legally essential. Not only does it keep employees healthy and safe, but it can stave off huge losses including everything from...
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...
National Multifamily Housing Council and InterFace to co-host 2020 student housing conference
The National Multifamily Housing Council (NMHC) and France Media, publisher of Student Housing Business and parent company of the InterFace Conference Group, are pleased to announce that in light of the unparalleled disruptions caused...
80.8 percent of apartment households paid rent as of June 6
The National Multifamily Housing Council (NMHC)’s Rent Payment Tracker found 80.8 percent of apartment households made a full or partial rent payment by June 6 in its survey of 11.5 million units of professionally...
