Stay current on news and trends in the multifamily industry.
New Law Changes Security Deposit Refund Timing from 14 to 21 Days We are pleased to announce that after many years of advocacy efforts in Olympia, Governor Inslee signed a multi-part landlord-tenant bill on March 29, 2016. While we will provide more information on other provisions of the bill... Continue Reading
Loss Mitigation Trust Fund Account Established to Compensate Landlords for Damage. The legislature recently passed a Supplemental Budget which includes a $125,000 Loss Mitigation Trust Account. The account is accessible to landlords for damages caused to private market rate apartments by housing... Continue Reading
Senator Cantwell Launches National Campaign to Increase Federal Resources for Affordable Housing U.S. Senator Maria Cantwell (D-WA), joined by Seattle Mayor Ed Murray, Tacoma Mayor Marilyn Strickland, Everett Mayor Ray Stephanson, and a coalition of more than 1,300 national, state, and local... Continue Reading
WMFHA members joined the National Apartment Association for their annual Capitol Conference and Lobby Day inWashington D.C. NAA affiliate members from across the country met to discuss national government affairs issues affecting the housing industry. On the last day of the conference, WMFHA... Continue Reading
State Legislative Report The 2016 regular legislative session ended March 10 without consensus on a supplemental budget. As a result the Governor ordered a 30-day special session and vetoed certain bills which passed the House and Senate. The special session begins immediately to hash out a... Continue Reading
Be a Grassroots Advocate On February 3rd, 40 WMFHA members converged on the Capitol Mall in Olympia to lobby our state legislators for the annual Day on the Hill Legislative Day. Members met with their legislators to educate our lawmakers on issues of importance to the housing industry and to... Continue Reading
APARTMENTS. WE LIVE HERE. In communities across the country, apartments work – helping people live in a home that’s right for them. Apartments and their residents contribute more than $1 trillion to the economy. We all should celebrate the positive impact our industry is making in... Continue Reading
State Legislative Update The Washington State Legislature convened its eight and a half week (60 day) session on January 11. Sentiment across the board from lawmakers is to keep focused on issues that must be addressed and end on time. There is widespread, significant fatigue coming off the... Continue Reading
Skylar Olsen PhD, Senior Economist for Zillow Group, gave an excellent presentation to WMFHA members at the January Membership Meeting titled “It’s Not Just About Millenials: Uncovering Economic Trends”. Skylar gave statistical data on Seattle’s strong rent and occupancy... Continue Reading
