2022 News, news, & more news

Industry News,
10.27.22:
Mayor Dickens announces housing agenda, thanks AAA and other partners for relocating forest cove residents
Majority of renters think housing is a priority issue for the midterm elections, turnout gap between homeowners and renters beginning to close
10.21.22:
HUD urges housing providers not to use criminal records in screening
10.20.22:
Former AAA Chair Virginia Love honored in 2022 Women in Real Estate awards
10.12.22:
4 government affairs wins in 2022, according to NMHC VP Kevin Donnelly
10.10.22:
Who is the single-family build-to-rent consumer?
IRS issues new LIHTC regulations, allowing income-averaging for tax credit compliance
10.7.22:
Montana housing task force offers ideas for zoning reforms, streamlining infrastructure for new housing
9.28.22:
Fannie Mae initiates rent payment credit reporting pilot program, only reports positive payments and unenrolls renters who miss payments
9.27.22:
Small number of fraudulent applications slow rental assistance program
9.16.22:
Lawmakers may consider changes after some HOA’s force foreclosure on homeowners for not paying dues
9.15.22:
Atlanta leads the US in new apartments built since 2013
Suburbs were an experimental housing program in building lots of housing quickly

9.7.22:

State of Housing Supply: not enough homes to go around
9.2.22:
HUD publishes Fair Market Rents (FMRs) for FY 2023, which determines voucher payments and other housing reimbursements
9.1.22:
September rent report: Rent growth decelerated, vacancies returning to historical norms
8.30.22:
Kemp allocates $62 million to address homelessness and housing insecurity
8.23.22:
Some Georgians with housing vouchers say landlords won’t rent to them
8.19.22:
Pandemic rent growth has been faster in lower-cost cities
8.17.22:
Yardi report predicts 40% of all single family rentals will be owned by investment institutions by 2030
8.15.22:
Zoning reform, why carrots work better than sticks
8.11.22:
Supply and demand the biggest driver of rent growth, not interest rates
8.10.22:
Multifamily remains top commercial real estate sector for investment
 
Former hotels become apartments
8.9.22:
Rate of rent growth slowing, but still faster than pre-pandemic; up 12.3% YOY according to apartment list rent data
Columbia County code enforcement relocates residents from units deemed unfit to live in
7.28.22:
US needs to construct 4.3 million more apartments by 2035 to address demand, housing deficit, and affordability
7.27.22:
85% of property managers have seen increase in application fraud
Stacey Abrams releases affordable housing plan
7.25.22:
Augusta residents look to rent to own programs amid rising rents
7.22.22:
RealPage shares 2022 market-rate apartment affordability report
7.20.22:
The list of 43 apartment complexes targeted by prosecutors for being dangerous or unhealthy

7.15.22:

Zumper national rent report shows average 2 bedroom rents starting to drop
Resident admits to not paying rent, is shocked when given a notice of nonrenewal
7.13.22:
How rent growth factors into inflation
7.8.22:
Resident says she feels “failed” by state rental assistance program
7.7.22:
Federal legislation introduced that would prohibit housing providers from rejecting an applicant because they use a Section 8 voucher
Multifamily industry navigates rising operating, construction costs
7.5.22:
An apartment OM and a financial technology company teamed up to pilot a rent credit reporting program
7.1.22:
Rents still increasing, but slower than before. National average rent increased 1.3% in June, total 5.4% growth in 2022 compared to 8.8% in the same period in 2021

6.29.22:

May 2022 the best year for new apartment construction completions since 1987
6.27.22:
The Management Group says apartment lease renewals significantly increased after getting rid of pet restrictions
6.21.22:
AAA op-ed response to AJC series against apartments
“live, work, play” mixed use developments quadrupled in the past decade
 
Suburbanization, meaning less dense housing and more reliance on cars, has a quantifiable impact on climate metrics
6.17.22:
Multifamily employee compensation costs rose an average 12%  YOY
6.10.22:
New research shows regulations account for 40% of apartment development costs
Proposal for Richmond Hill apartments delayed again
6.9.22:
Yardi data shows national rent average continues to grow, some markets see slight cooling off but trend is still upward
Some south Georgia residents see delays in rental assistance
Senoia may revise multifamily housing ordinance as increase to build apartments in the small town builds
6.8.22:
Introducing Apartment List vacancy index, showing apartment vacancies by metro area, city, county, state, and national levels https://www.apartmentlist.com/research/apartment-list-vacancy-index
6.3.22:
AirBnB market draws conversation of whether to regulate short term rentals in Warner Robins
5.31.22:
Jamestown Properties accepting cryptocurrency for rent payments
5.23.22:
More than 20 multifamily industry leaders launch nonprofit Multifamily Impact Council to establish impact investment principles and research and data best practices
 
Natl Assn of Home Builders multifamily market survey reflects less confidence in the market after Q1
5.20.22:
Biden housing plan will deliver modest results but not a silver bullet
5.17.22:
US average rent growth continues, went up an avg $50 so far in 2022
Governor announces $415 million in grants for hotel industry, food bank, emergency housing assistance

5.16.22:

More renters in metro Atlanta looking to move within the area than move out, but Savannah, GA is top 3 of places to move to of those that do
5.9.22:
Greystar cleans up NMHC accolades: Ranked #1 in apartments managed, #5 in units owned, and first in construction starts and units in development. Full rankings listed
5.6.22:
Technology expert shares insight on multifamily “proptech” tools that benefit owners and residents
Army pressed to fix dilapidated military housing, primarily in Georgia and Texas
5.5.22:
Build to Rent continues explosive growth, occupancy rates indicate high demand for single family rental
4.29.22:
National Low Income Housing Coalition says US has a shortage of 7 million affordable, available rental homes
4.22.22:
Martinez, Evans, Thomson ranked the top 3 healthiest housing markets in Georgia
4.15.22:
Mortgage rates top 5% for first time in a decade
4.12.22:
How Gen Z is shaping the future of apartment living, by Rob Pinnegar at NAA
4.8.22:
Annual rent growth starts to slow in March
4.7.22:
FCC rule restricting broadband options for apartments gets an effective date

4.5.22:

NMHC quarterly construction survey reports 90% of multifamily developers still facing permitting and construction delays, higher costs for materials
3.17.22:
What apartment owners and broadband providers need to know about the FCC’s new rule
3.14.22:
Housing groups call for a President’s Council on Housing Affordability

3.8.22:

Supply chain issues continue for multifamily developers
3.2.22:
Governor signs Richmond County Commission redistricting maps
2.25.22:
FCC adopts new rules regulating commercial agreements between broadband internet providers and multifamily property owners

2.22.22:

Build to Rent surge Q&A
2.17.22:
Lawmaker proposes tougher penalties for property owners that don’t get elevators ins

2.16.22:

NAA, NMHC release 2022 apartment industry policy priorities
2.10.22:
RealPage reports apartment occupancy at 97.6%
 
Knock CRM launches initiative to qualify renters whose applications are rejected because of credit, income-to-debt ration, or eviction history
2.9.22:
Cobb County postpones vote on short term rentals, development code rules that received pushed back from citizens and developer groups (including AAA)
1.28.22:
Build to Rent homes expected to hit all time high in 2022
 
Student housing sector looking strong for 2022, with pre-leases above Jan 2019 rates

1.21.22:

Thousands of Georgians still waiting on rental assistance
 
More space, better amenities top renter preferences survey
1.18.22:
Activists protest state rental assistance program shortcomings outside of DCA Commissioner’s home
Georgia Department of Community Affairs announces launch of a new mortgage assistance program
1.14.22:
Atlanta Housing Commission recommends increasing the city’s affordable housing bond from $50 million to $250 million
1.10.22:
Feds give Department of Community Affairs approval to turn over $80 million in unspent emergency rental assistance to metro Atlanta local governments
1.7.22:
Rents starting to fall in 61 of the largest 100 US cities, Atlanta decreased 0.4% in December compared to 0.2% nationally. Median rent in Atlanta is $1409 for a 2-bedroom
 
More apartments are scheduled to complete in 2022 than any single year since the 1980s
1.6.22:
2022 apartment outlook is as good as it gets