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August 29, 2018
Fight Rent Control Now
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Four decades ago, NMHC and NAA led the multifamily industry in overturning rent control policies in 35 states. But today, shifts in local economics and politics are helping rent control make a comeback. That’s why we need your financial support to defeat an alarming ballot initiative in California that threatens to not only expand these harmful policies locally but also add momentum to similar efforts nationwide. 

The California ballot initiative, called Proposition 10, would allow local municipalities to put rent caps on all rental properties—single family, multifamily and condos without any restrictions. In other words, a city can put rent caps on new construction and limit what an owner can charge for rent forever—even after a resident moves out.

The repercussions from such an aggressive policy will reverberate across the industry nationwide, affecting not only those who own, manage and develop but also brokers, investors, lenders and suppliers.

Visit www.noprop10.org now to donate.

For questions about rent control, please contact us at info@nmhc.org.

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Rent Control Laws Vary by State

Rent control policies exacerbate housing shortages, cause existing buildings to deteriorate and disproportionately benefit higher-income households. However, increasingly states and local jurisdictions are moving to implement or expand these policies to try and address housing affordability challenges.

To that end, NMHC recently updated its rent control laws by state interactive map to help answer questions about rent control across the country. The map shows states with rent control in place, as well as those with preemptions preventing such policies, along with inclusionary zoning regulations.

Upcoming Meetings
2018 NMHC Fall Meeting, September 12 - 14, 2018 in Washington, D.C.

2018 NMHC Emerging Leaders Speaker Series Seattle, September 19, 2018 in Seattle, WA

2018 NMHC Student Housing Conference & Exposition, October 3 - 5, 2018 in Huntington Beach, CA

2018 NMHC Emerging Leaders Speaker Series Houston, October 17, 2018 in Houston, TX

2018 NMHC Emerging Leaders Speaker Series Denver, November 1, 2018 in Denver, CO

2018 NMHC OPTECH Conference & Exposition, November 14 - 16, 2018 in Orlando, FL

2019 NMHC Annual Meeting, January 29 - 31, 2019 in San Diego, CA

About Apartment Wire
A must-read for top apartment industry professionals, Apartment Wire is a timely review of emerging trends in apartment finance, development, management and technology and more, featuring both exclusive content from NMHC's staff of experts and provocative articles from across the web.
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