Excessive regulation and compliance uncertainty, at all levels, results in costly mandates that divert resources from the production and operation of multifamily housing. At a time when the multifamily industry is facing increasing pressure to meet booming housing demand across America, an overly burdensome regulatory infrastructure is forcing financers, developers and operators to manage a myriad series of compliance hurdles and rising costs. These unnecessary challenges cost time and money, ultimately worsening the country’s housing crisis by impeding the expansion of available housing.