Apartment Trends Magazine June2018 | Page 48

APARTMENT ADVOCATE NATIONAL APARTMENT ASSOCIATION / NATIONAL MULTIFAMILY HOUSING COUNCIL Senate Votes to Reinstate Net Neutrality Protections, House Approval Uncertain T he apartment industry and its residents increasingly depend on reliable high- speed broadband service for community amenities, marketing, leasing, revenue management and more. NAA/NMHC pay close attention to regulatory and legislative telecommunications policies that could impact apartment development and operations such as broadband deployment, service provider agreements, and solutions for connectivity and capacity challenges. Net neutrality - or the Open Internet - is the concept that internet service providers should not block, “throttle” (slow down or speed up online traffic) or allow paid priority access that advantages or disadvantages content providers. The Senate approved a resolution on May 16 that would overturn the Federal Communications Commission’s (FCC) plan to roll back Obama-era net neutrality protections, which prohibited internet service providers (ISPs) from prioritizing, slowing or blocking online content. The FCC’s plan would require ISPs to be transparent about those practices but would not prohibit them, thereby depending on consumers to use the platforms, choose a provider and customize a service plan that suits their needs. Supporters of the FCC action hold that a “light-touch” regulatory approach will create certainty in the market and encourage broadband investment. However, opponents of the plan say that ISPs will favor their own content and offer paid priority access, creating a system where companies unable to shoulder the Colorado’s Expert on Interior Upgrades, Renovations, and Turns •Return on Investment Analysis •Product Bundling Discounts •We Have the Solution for Every Budget!! Call today and learn how we are once again raising the STANDARD on interior renovations and turns! 303-985-8880 46 | TRENDS JUNE 2018 www.aamdhq.org