With the 2018 legislative session right around the corner, the Arizona Multihousing Association (AMA) is finalizing its policy priorities for the year. Similar to years past, the industry will be focusing on protecting private property rights, preserving key economic development tools and supporting policies to reduce regulatory barriers for owners, operators and developers of apartment communities in Arizona.
As Arizona continues its efforts to attract large employers into the state, it is critical to preserve key economic development tools used to attract new investment. While Arizona looks to compete with its neighbors, retaining or creating new tools to attract investment and job creators will be a priority for the apartment industry.
As the demand for apartment homes continues to outpace the supply of new units, it is critical, now more than ever, to ensure that policies, whether enacted at the state or local level, do not not impede the positive economic growth taking place across the state.