Multifamily Impact Council

Are you interested in becoming a member of the Multifamily Impact Council? Join today by contacting us at mic@multifamilyimpactcouncil.com !     Let’s work together to increase the flow of impact capital to support affordable and sustainable rental housing in the United States.     We strive to ensure that our membership is inclusive of a broad cross-section of the industry. Membership in the Multifamily Impact Council is open to investors, property owners, service providers, trade associations, and others.     Learn more about becoming a member here: https://lnkd.in/dQ6f5Eay    #CommercialRealEstate #ImpactInvesting #MultifamilyHousing #Sustainability 

It’s here - The Multifamily Impact Framework™ 2.0! Head to https://lnkd.in/gm4Nuqeq to download your copy and join 300+ organizations using the Framework to build and enhance how their impact strategies to support renters and planet alike. Let’s do well, do good, do more, together. The Multifamily Impact Framework™ is the only common framework of impact investing standards and reporting guidelines designed specifically for the multifamily sector. It was designed to help organizations build impact strategies around a common set of principles and streamlined reporting metrics that make it easier for new sources of public and private capital to invest in our collective efforts to increase the supply of affordable and sustainable rental housing in the United States. The goal of the Multifamily Impact Council is to drive impact at scale. Doing so requires that our framework is free, transparent, and easy to use. We believe that the less time and money folks spend trying to how to define and measure impact, the more time and money they can devote to doing it. The framework is updated annually based on public feedback, ongoing research, and a comprehensive feedback and review process that takes place over the summer with the members of the Multifamily Impact Council. We hope that you find this version to be useful. In return, we simply ask that you help us spread the word by using our logo, reach out to us directly if you have questions, and share any feedback on how it can be improved. We look forward to helping you do more, do well, and do good together! Join the conversation: - Follow us on LinkedIn - Subscribe to our monthly newsletter on LinkedIn or our website: https://lnkd.in/gwnvZFc3 - Use our hashtags: #BuildingImpactTogether and #MICFramework to share your organization’s Framework experience. #CommercialRealEstate #ImpactInvesting #Multifamily #ImpactReporting #AffordableHousing

Exciting News from Kairos Investment Management! We are pleased to announce the official launch of The Kairos Impact Foundation, a 501(c)(3) nonprofit dedicated to enhancing the quality of life for underserved communities. Since 2017, Kairos has been committed to creating positive social impact through strategic partnerships and impactful resident programs. With the Foundation, we’re expanding our efforts to provide essential services and resources, empowering individuals and families on the path towards economic stability. Learn more about our mission and how you can Join the Impact: www.KairosImpact.org

We are excited to partner with Multifamily Impact Council to announce the launch of the Fall 2024 Impact Investing Bridge Program. The Multifamily Impact Council is a non-profit membership organization whose mission is to increase the flow of impact investment capital in the multifamily sector. The Impact Investing Bridge Program will equip students with the knowledge to analyze the financial value of impact-driven investments. It will also provide valuable insights into the decision-making strategies employed by top leaders within the multifamily real estate sector. Through this live, multi-week program students will attend interactive speaker sessions with industry leaders and skill-building workshops, providing participants with exposure to early career opportunities. Apply here: https://lnkd.in/gtezef3h Special thanks to Multifamily Impact Council, Bob Simpson, Rachel Mavrothalasitis and Amina Sam for their partnership in building this program. #ProjectDestined #MultifamilyImpactCouncil #Multifamily #ImpactInvesting #EarlyCareerOpportunities #FutureLeaders #CRE #PDCommunity

The MIC team is grateful to be partnering with so many amazing organizations, and one that truly stands out is Stewards of Affordable Housing for the Future (SAHF). SAHF’s mission is to advance the creation and preservation of healthy, sustainable, affordable rental homes that promote equity, opportunity, and wellness for those with limited economic resources.    In their latest blog article, "Centering Residents: Measuring Satisfaction, Agency, & Voice," SAHF explores the critical role of resident feedback in shaping housing agency services. By actively measuring satisfaction and involving residents in decision-making, SAHF is paving the way for more responsive and effective housing solutions. Read the full blog here: https://lnkd.in/eEyCV-iK    #CommercialRealEstate #ImpactInvesting #ResidentEngagement #Community #AffordableHousing 

The MIC team recently sat down with Mike Kingsella, Founder and CEO of Up for Growth and Up for Growth Action, to discuss what to watch for in 2025 regarding affordability legislation and policies.    Up for Growth is an organization with a track record of national pro-housing legislative success. They advocate for housing affordability by uniting diverse stakeholders to create policy suggestions and address past exclusionary practices.     One question we asked Mike was, “What areas will you be focusing on in the coming year?”    You’ve probably noticed that housing is on the ballot this November. Three in five people now cite housing costs as one of their top concerns… Up for Growth has been busy developing its policy portfolio so we can quickly capitalize on opportunities to create new funding for building innovation, housing preservation, and new home production. Our goal is to enable 10 million more homes in the next 10 years – 10 million above and beyond what’s already expected.    Also in 2025, we will be taking our work on the road, visiting regions across the country to hear from lawmakers and community leaders what’s working. Our goal is to take what we learn and turn it into meaningful, nuanced policy recommendations that lawmakers can borrow, adapt, and deploy to meet their unique needs. All in all, we think 2025 is going to be a big year for housing supply.    Read the full interview here: https://lnkd.in/ddQEN5Jx    #CommercialRealEstate #ImpactInvesting #MultifamilyHousing #HousingLegislation #AffodrableHousing 

This week's edition of Long on Impact focuses on the final impact principle of the Multifamily Impact Council Framework: Diversity, Equity, Inclusion. Organizations with diverse, equitable and inclusive workforce are better equipped to manage through change and uncertainty and when industries become stagnant and monolithic, they lose the ability to solve large and complex problems. There are few issues larger or more complex than addressing our urgent need for more affordable and sustainable rental homes in the United States. To be successful, we will need all of the fresh perspectives, ideas and energy that a more diverse, equitable and inclusive workforce can provide. Read, subscribe, share with your network. 👇 👇 👇

Join us Thursday, October 24th at 1:00 PM CST for MIC’s Q3 2024 Impact Collaborative webinar: Ideas that Work: “How Cities are Working with the Private Sector to Increase Housing Supply.”     Register for this webinar here: https://lnkd.in/g2TH5UW3    Our powerhouse panel of speakers includes:  ·         Lisa Davis, Partner, Real Estate & Head of Asset Management of The Vistria Group  ·         Sharif T. Mitchell, Co-Founder of Northern Liberties  ·         Sean Rawson, Co-Founder of Waterford Property Company, LLC     Our  panelists will discuss how local communities are working with the private sector to increase housing supply and highlight a recent partnership between the Dallas Housing Finance Corporation and three MIC Member organizations: Vistria, Waterford, and Northern Liberties that converted existing market rate apartments into new affordable housing supply.          The MIC established its #ImpactFramework to define and measure impact, streamline impact reporting, and help property owners clearly communicate how their actions improve residents’ lives in affordable and sustainable #rentalhousing in the U.S.     We look forward to our MIC members sharing their stories in this quarter’s webinar and furthering collaboration across the industry – can’t wait to see you there!    #CommercialRealEstate #ImpactReporting #AffordableHousing #Multifamily #Sustainability 

Exciting News! Last month, during Climate Week in #NewYorkCity, TWO MIC Silver Founding members—Fannie Mae and Freddie Mac — along with the U.S. Department of Housing and Urban Development (HUD) and the Federal Housing Finance Agency (FHFA), announced a new working group to coordinate with multifamily housing developers and the solar industry to  uplift industry best practices for on-site solar at multifamily properties.    Together they will assess enhancements and standardize processes to reduce transaction costs and make it easier to install solar on affordable and market-rate multifamily housing and leverage historic IRA dollars. This effort will help the marketplace meet the demands of the housing and solar industry to cut housing operational costs, reduce emissions, and enable the long-term preservation of multifamily housing.     The MIC team has been working closely with the White House on this issue and is excited to support the ongoing progress of this initiative.     Thank you, Fannie Mae and Freddie Mac, for your hard work and leadership!    Read the full press release here: https://lnkd.in/gV65rykA     #CommercialRealEstate #ImpactInvesting #Solar #MultifamilyHousing #Sustainabiliity  

Alongside leading manufacturing, labor, design professional, and investor organizations, the MIC team provided supportive statements to the U.S. Green Building Council regarding the definition of zero emissions during #ClimateWeek in New York City:    "The Multifamily Impact Council is proud to support the federal definition of a zero emissions building. This clear call to action from the Department of Energy establishes a minimum performance threshold for financing and benchmarking entities to rely on as we collectively progress toward a cleaner building future. As an organization committed to creating and continually elevating meaningful, industry-relevant standards to drive positive social and environmental change, we commend the White House for this important step and the inclusive approach taken to achieve it. We look forward to supporting our members as they strive to meet this high standard in the months and years to come."    These announcements from certification organizations provide clear pathways for building owners to demonstrate that their properties meet the definition. This initiative, stemming from the U.S. Department of Energy (DOE)’s June announcement, aims to establish a common understanding and enhance transparency around zero-emission buildings, addressing the significant contribution of the buildings sector to greenhouse gas emissions.    Read the full release here: https://lnkd.in/gEqmqra4    #CommercialRealEstate #ImpactInvesting #ZeroEmissions #Benchmarking #GreenBuilding