APARTMENT ADVOCATE
NATIONAL APARTMENT ASSOCIATION / NATIONAL MULTIFAMILY HOUSING COUNCIL
Apartment Industry Response to Dr . Ben Carson Being Confirmed as HUD Secretary
WASHINGTON , D . C .— Statement from the National Multifamily Housing Council ( NMHC ) and National Apartment Association ( NAA ) following Dr . Ben Carson ’ s confirmation as the Secretary of the Department of Housing and Urban Development ( HUD ):
“ NMHC and NAA congratulate Secretary Carson on his confirmation and as an industry , we look forward to working with him and his team to develop a balanced housing policy that recognizes the importance of a strong housing market for both rental and home ownership .
“ President Trump ’ s recent comments before Congress and Secretary Carson ’ s confirmation are encouraging signs that the new administration is committed to working with the apartment industry to reduce burdensome regulations that create compliance uncertainty and result in costly mandates that divert resources from the production and operation of multifamily housing .
“ With the number of households renting apartments standing at an all-time high of almost 19 million , it has never been more important that private industry and lawmakers come together in support of pro-growth policies that make it easier for American residents and families to find housing that fits their unique needs and circumstances and that helps them contribute to their communities . A modern , comprehensive housing policy will create millions of jobs and align housing supply with demand .”
House and Senate Hearings Take Fresh Look at Flood Insurance
With the expiration of the National Flood Insurance Program ( NFIP ) looming in September , House and Senate leaders have added reauthorization of the program to a must-do list of items for Congress . While much work has been happening behind the scenes , hearings held this month in the House Financial Services Committee ’ s Housing and Insurance Subcommittee and the Senate Banking Committee begin the longawaited , public process to reauthorize the NFIP . NAA / NMHC and our members have worked tirelessly to meet with and educate key stakehold-
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42 | TRENDS • APRIL 2017 www . aamdhq . org