Washington, D.C.—Statement from National Multifamily Housing Council (NMHC) President Sharon Wilson Géno and National Apartment Association (NAA) President & CEO Bob Pinnegar in response to President Trump’s housing remarks at the World Economic Forum:
“Our nation’s housing crisis – undoubtedly one of the defining issues of our time – cannot be solved without the involvement of every corner of the housing ecosystem, from rental housing to the for-sale market. For millions of Americans across our country, renting provides the flexibility and lifestyle needs that best support them. Further, the rental housing industry and our residents are a cornerstone of local communities, contributing $3.9 trillion to the U.S. economy annually and supporting 20 million jobs. Rental housing providers are key partners and are an essential part of the solution to relieve Americans' housing affordability challenges.”
For more than 27 years, the National Multifamily Housing Council (NMHC) and the National Apartment Association (NAA) 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.
Staff Resource
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