Statement from the National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) on the reintroduction of the Respect State Housing Laws Act:
“Elevated expenses across the board—from insurance to taxes—continue to impact rental housing operations nationwide, further exacerbated by prolonged federal interference into the highly localized eviction process. Nearly five years after being enacted, and contrary to Congressional intent, the temporary federal CARES Act’s Notice to Vacate requirement remains in place. Though evictions are a measure of last resort, this necessary legal process is thoroughly regulated at the state and local levels, and the federal government’s intrusion continues to cause confusion and operational challenges for housing providers and renters that are not without consequence. This prolonged disturbance to operations ultimately harms housing affordability and availability, as 93 cents of each rent dollar pays the expenses that keep communities running.
“NMHC and NAA applaud the reintroduction of the bipartisan and bicameral Respect State Housing Laws Act, which made impressive progress in the last Congress and will ultimately help restore normal rental housing operations. NMHC and NAA thank Representatives Barry Loudermilk and Vicente Gonzalez and Senators Bill Hagerty and Cindy Hyde-Smith for their leadership on this important issue.”
For more than 27 years, the National Apartment Association (NAA) and the National Multifamily Housing Council (NMHC) have partnered on behalf of America's apartment industry. Drawing on the knowledge and policy expertise of staff in Washington, D.C., as well as the advocacy power of 141 NAA state and local affiliated associations, NAA and NMHC provide a single voice for developers, owners and operators of multifamily rental housing. One-third of all Americans rent their housing, and 40 million of them live in an apartment home.
