If you’ve been concerned about the national upswing of rent control bills or “Ban-the-Box” legislation within the past year, getting involved with multifamily legislation might just be your best bet. Not only can you stay up-to-date on what’s going on within the industry, but you can take the opportunity to contact your legislators to protect your real estate investment from potentially long-term adverse bills. Not sure where to start? Here are a few resources that can help.
Get Involved with your Local Apartment Association
One of the easiest ways to learn about housing legislation in your area is to get involved with your local apartment association. They’ll be able to give you all the details for bill hearings, who to contact to voice your support or opposition, and provide updates on bills that directly impact your day-to-day operations. We highly recommend this. Find your local apartment association.
“Protect the Lease”
Launched by the National Apartment Association (NAA) in partnership with the National Multifamily Housing Council (NMHC), Protect the Lease aims to create tax reform for businesses, investors and entrepreneurs who develop and manage apartments. In their words, “the campaign supports smart tax policy promoting economic growth, job creation, and investment in our neighborhoods and communities.” Send a letter to Congress about tax reform.
Identify and Contact your Local Representatives
If you’re looking to go directly to the source to see where your representatives stand, find out who your Congressmen and Senators are! Nowadays most legislators have their own Twitter and Facebook accounts, so if you’re wary about signing up for another email list, you can easily keep track of your representatives through your social media. Find your Senator. Find your Congressman.
Don’t forget about your local council! Finding out what’s going on (from potential zoning changes & ordinances to upcoming developments) and getting involved with your county’s local government can make the most immediate difference.
Subscribe to the Blog to Stay Up to Date
We know that the multifamily housing industry isn’t just affected by bills and ordinances targeting rent control, pesticide requirements, and eviction procedures; you’re also affected by changing tenant screening and employment legislation. That’s why we provide information to help you stay FCRA and FTC compliant, showcase a few fun tips and tricks to make your work-life a whole lot easier, and give you an update on passed and upcoming legislation throughout the U.S. Subscribe to the Resident Screening Blog now.
While getting involved in multifamily politics can be overwhelming, it’s one of the best ways to support and combat legislation that will directly affect you, your investments, and your industry. Start small and work your way up the list. We’re in this together.
Are we missing something? Write down your favorite resource for multifamily news and legislation in the comment section below!
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