It's All About Legislative Advocacy
The Nevada State Apartment Association (NVSAA) is a non-profit organization who provides the Nevada multi-housing industry with legislative support, education and community outreach to benefit our membership and the communities we serve. Legislatively, we are committed to serving our members on all issues that impact our industry. We strive to monitor all industry-related local, city, state, and federal legislative changes and educate our members on the potential impact to their businesses. With the assistance of the National Apartment Association (NAA), professional liaisons, retained lobbyists and our dedicated Legislative Committee, we further strive to challenge adverse legislation so as to protect member rights and maintain a viable and productive industry.
Below is a list of legislative issues in 2009 and 2011 which the NVSAA represented its members and worked to ensure these bills did not negatively effect our industry moving forward.
In 2009 alone, the NVSAA helped every property SAVE, on average, $40,800**. NVSAA helped SAVE industry jobs, for both properties and vendors alike.
** Based on a conventional 200 unit property in Las Vegas; Averaging 3 evictions per month, with an average Market Rent of $800 per month, with miscellaneous operating expenses and turnover costs included; Actual amounts varied based on unit count
Legislative Resources for Our Industry
Why We Invest (and You Should Too!) In Our Industry
A catastrophic legislative storm can create a tremendous amount of damage. Negative legislation and regulations can tremendously affect YOUR RESIDENTS, YOUR CLIENTS, YOUR JOB, and YOUR COMPANY’S FINANCIAL SECURITY. The NVSAA advocates for and against legislation related to the problems and concerns of rental housing owners and professionals, but we need your HELP! Candidates elected during this election cycle will become the “decision makers” of tomorrow. The NVSAA supports those candidates who UNDERSTAND and are receptive to our industry’s positions.
NVSAA members play a crucial role in protecting the industry’s bottom line by investing in NVSAA’s LAF (Legislative Affairs Fund).
If you DO NOT protect your industry, WHO will? In order to make an impact and a difference in our industry WE NEED YOUR PARTICIPATION TODAY. Invest in the NVSAA LAF today and help us be the voice of the rental housing industry in Nevada.
Meet Our Legislative Team
Thank you to all who have DONATED this calendar year. The NVSAA appreciates your support.
As 2014 came to a close, the southern Nevada housing market demonstrated continued resiliency as median home prices finished approximately 10 percent higher than where they started the year. While there have been month-to-month variances, the overall market can best be characterized as more stable than the roller coaster ride over the past decade. Availability within the resale market has also remained at respectable levels, and foreclosure volumes are at post-recession lows heading into 2015.
With over 2.6 million apartment units updated each month, ALN Apartment Data is one of the most complete and accurate data provider available anywhere in the country. The Las Vegas Apartment Market Overview for December 2014 is now available to view.
We all know that job growth drives demand for apartments, and we all know that 2014 was an exceptional year for the apartment market. So, one might ask what kind of job gains would be necessary to maintain the supply/demand ration found this year.
The U.S. apartment market is ending 2014 with the strongest fourth-quarter annual effective rent growth in nine years, according to early release apartment data from Axiometrics, the leader in apartment research and data.