The National Multi Housing Council NMHC and the National Apartment Association NAA top priorities for Capitol Hill in 2013 include fixing the country’s housing finance system, creating tax code certainty and comprehensive immigration reform.
Specifically, the apartment industry urges Congress to:
- Maintain a federal guarantee for multifamily mortgages whether or not they choose to retain Fannie Mae and Freddie Mac in their present forms. This is crucial to ensuring that liquid mortgage capital is available in secondary and tertiary markets during all economic climates.
- Enact comprehensive tax reform that doesn’t harm the increasingly important apartment industry and our ability to construct, rehabilitate and manage the rental housing America needs.
- Develop comprehensive federal immigration reform to address border security, employment eligibility verification, documentation for unauthorized individuals currently living and working in the U.S. and a workable guest worker program.
View our full list of policy and regulatory issues.