GFAA Participates in 2025 AANC Lobby Day

During the 2025 AANC Lobby Day, the Greater Fayetteville Apartment Association (GFAA) met with Representatives Garland Pierce and Mike Colvin, and Senators Tom McInnis and Danny Britt; and others; to discuss key housing legislation and the needs of the multifamily industry. GFAA members highlighted the importance of supporting SB 648, which clarifies attorney provisions in eviction cases, and HB 765, which aims to streamline local development regulations and reduce housing costs.

The group also advocated for HB 678, which would ease fire code requirements for certain multifamily buildings—potentially saving developers significant costs and helping keep rents stable. Legislators were briefed on the economic impact of the rental housing industry and shown how every dollar of rent is distributed, with the majority covering essential costs like mortgages, payroll, and property taxes.

One key takeaway that was shared with policymakers was the breakdown of each dollar of rent, illustrating that only seven cents go to owner profit, while the majority covers mortgages, taxes, payroll, and other essential expenses.

Photo (left to right): GFAA Treasurer Natalie Hart, GFAA and AANC Board of Director Jennifer Pittman, Senator Tom McInnis, GFAA Board of Director and AANC President Karen Perkins, and AANC Board of Director Angela Raupp.