APARTMENT ADVOCATE
NATIONAL APARTMENT ASSOCIATION /
NATIONAL MULTIFAMILY HOUSING COUNCIL
NAA Drives Industry COVID-19
Priorities Forward
T
he National Apartment Association
(NAA) has tirelessly advocated on
behalf of the apartment industry
and our members as the nation grapples
with COVID-19. On March 13, NAA sent a
letter to Congress that expressed our strong
opposition to any broad-based moratorium
on evictions. Additionally, we emphasized
the essential role of property management
and housing construction personnel and
reiterated the need to be classified as critical
sectors of the workforce that should continue
to operate during emergency declarations.
The letter also urged a number of critical
actions, including:
• Mortgage and financial forbearance
for housing providers.
• Temporary financial assistance to help
renters meet monetary obligations and
avoid delinquencies or eviction.
• Relief for student housing providers.
• Reduction of payroll taxes to provide
extra funds for impacted taxpayers.
• Exclusion of unemployment income
from taxes for those affected by
COVID-19.
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• Reduction of 2020 quarterly estimated
tax payments for taxpayers who
own real estate partnerships or
corporations.
• Carryback of 2020-generated net
operating losses for three years.
• A wage credit for employers who
continue to pay employees impacted
by COVID-19.
As our letter circulated Capitol Hill,
NAA staff communicated our priorities
and the urgent needs of the apartment
industry directly to Congressional offices.
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