APARTMENT ADVOCATE
NATIONAL APARTMENT ASSOCIATION /
NATIONAL MULTIFAMILY HOUSING COUNCIL
NAA Launches Grassroots Tax Reform
Campaign to "Protect the Lease"
The National Apartment Association (NAA)
recently launche a national grassroots campaign
focused on advocating for smart tax policy that
promotes economic growth, job creation and
investment in neighborhoods and communities.
Initiated in partnership with the National Mul-
tifamily Housing Council, the “Protect the Lease”
campaign’s objective is to ensure that the Trump
administration and Congress understand what’s
at stake for the national apartment housing in-
dustry and, ultimately, the U.S. economy, as they
look to overhaul the U.S. tax code.
“When Congress last overhauled the tax code
in 1986 it had a negative ripple effect across our
industry,” noted NAA President & CEO Rob-
ert Pinnegar, CAE. “We learned from that ex-
perience, and we want to make sure any chang-
es to the tax code enable investment, minimize
risk, encourage entrepreneurship, protect and
create jobs, and foster the development of af-
fordable, livable communities. It should not
unfairly burden apartment housing owners, op-
erators and developers who pay taxes when they
build, operate, sell or transfer communities.”
www.aamdhq.org
Today the apartment housing industry pro-
vides more than 20 million apartment homes
for nearly 39 million Americans and supports
jobs for 12.3 million people. Together the apart-
ment industry and its residents annually con-
tribute $1.3 trillion to the U.S. economy. The
industry counts on smart, sensible tax policies
that enable it to meet the growing demand for
apartment living, build businesses and develop
livable communities across the country.
The “Protect the Lease” campaign is designed
to: 1) highlight the benefits the industry provides
– many of which could be in jeopardy if tax reform
is not done right; 2) encourage industry employ-
ees to share personal stories about why certain
tax reform provisions matter; and 3) share those
stories with lawmakers.
To learn more about the campaign visit
ProtectTheLease.com.
JUNE 2017 • TRENDS | 43