Industry Standards
The Multifamily Impact Framework is the industry’s only common framework of impact investing standards specifically for the multifamily sector.
The Multifamily Impact Council was created to help increase the flow of capital and make rental housing more affordable and sustainavle in communities across the United States.
Before 2023, there was no common language for "impact" in multifamily housing, making it difficult to attract capital at the scale required to make a difference.
We created the Multifamily Impact Council to change that. We connect responsible profit to real impact by demonstrating how social impact, environmental sustainability, and fiduciary responsibility are interconnected and mutually dependent on each other.
Because when everyone speaks the same language, more people can join the conversation.
The Multifamily Impact Framework is the industry’s only common framework of impact investing standards specifically for the multifamily sector.
We support an engaged network of industry leaders and aspiring industry leaders from across the multifamily and investment ecosystem.
We lead comprehensive research initiatives designed to quantify and communicate the tangible financial value of our core impact principles.
The Affordable Housing Handbook is the definitive resource for property owners, policy makers, and capital allocators who are interested in putting our framework to work.
We help property owners develop impact strategies that work for the people they serve and the investors who trust them with their money.
We provide capital allocators with a consistent approach to assessing impact investment opportunities that meet their regulatory and financial obligations.
Our framework helps state and local governments design programs that deliver taxpayer value, attract responsible, long-term investment, and create more affordable housing.
Our framework helps service providers align with industry standards and demonstrate how they support renters, strengthen communities, and improve property performance.
“The Framework enhanced LIIF’s Impact Scorecard with clear criteria for resident services, economic mobility, and housing stability – making it easier for lenders to assess impact and support housing that advances opportunity, equity and well-being.”
Impact Capital Initiatives Officer, Low Income Investment Fund
“We adopted the Multifamily Impact Framework™ because we wanted to do more than count units, we wanted to measure real, long-term change in the lives of the residents we finance. The Framework gives us a clear, data-driven way to track impact from underwriting through the full life of a loan and puts us in the strongest possible position to understand and improve the long-term effects of our work on low-income individuals and families.”
Chief Executive Officer, California Community Reinvestment Corporation
“The Multifamily Impact Framework™ has helped us understand what it means to underwrite positive impact in a real way. Not by reducing impact to a single metric, but by giving us a shared structure for thinking about how strategy, operations, and outcomes connect.”
President and VP of Investor Relations, BDP Impact Real Estate
"Affordable housing preservation is no longer solely about maintaining rent restrictions. It is about creating operationally resilient communities that remain financially sustainable for decades. The Multifamily Impact Council's latest research helps move this conversation from theory to measurable evidence, showing that resident outcomes and long-term financial sustainability are not competing priorities, they are increasingly aligned."
Founder and Managing Partner, The Hudson Valley Property Group
“Mass Housing is using the Multifamily Impact Framework™ as a practical roadmap for mixed-income investments that deliver long-term affordability and strong, risk-adjusted returns. The Framework connects this work to clear investment standards, giving public partners and private investors confidence that capital deployed through our BILD program and Momentum Fund can create durable mixed-income communities.”
Director of Capital Formation at Mass Housing
The Multifamily Impact Framework gives our industry a practical, mission-aligned roadmap for turning good intentions into measurable outcomes for all stakeholders. By establishing a shared language for how high-quality, resident-centered impact reduces asset risk and improves the bottom line, the Framework can help investors, owners, operators, and service providers work together to optimize strategies for capital, operations and resident services. For Viva Benefits, this resonates with our core thesis, backed by case studies and MIC-sponsored industry data: stabilizing resident households stabilizes assets.
Co-Founder and Chief Executive Officer, Viva Benefits
Industry Leadership
For organizations ready to help lead the industry and shape the future of Multifamily Impact investing. Our Sustaining Members are actively engaged and passionate about building a bigger multifamily impact investment ecosystem.
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For organizations that want to support our work and work more closely with us to drive research, inform the Multifamily Impact Framework, and access resources to enhance their organization’s impact strategies.
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For all organizations who share our belief that healthy and financially stable renters create healthy and financially stable properties and communities and are interested. Our Affiliate Members inform our work and have full access to resources that can help enhance their organization’s impact strategies.
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