The Multifamily Impact Framework ™

The Multifamily Impact Framework is the only common framework of industry standards and reporting guidelines for impact investments designed specifically for multifamily assets in the United States.

The Framework is updated annually and free for everyone. Since 2023, it has been downloaded for use by over 600 organizations across the United States.

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Would you be interested in learning more about how other organizations are using the Multifamily Impact Framework?
Would you be interested in learning more about how other organizations are using the Multifamily Impact Framework?
Everyone who downloads the Framework gets a free subscription to the MIC's Affordable Housing Handbook - a highly curated resource center for framework-related research, best practices and industry insights.
Everyone who downloads the Framework gets a free subscription to the MIC's Affordable Housing Handbook - a highly curated resource center for framework-related research, best practices and industry insights.

A Common Definition for Impact

The Framework establishes a common definition for impact that works across the capital stack.

1

Does it Support the Renter?

Every successful impact-driven multifamily property begins with a renter who can afford to pay rent on time. Our framework establishes common standards of practice for property owners to maintain affordable rents and safe and healthy living environments.

2

Is it Good for the Community?

Affordable and sustainable apartment buildings appreciate by adding value to the community and not extracting it. Multifamily impact investments deliver stable growth, taxpayer value, and long-term appreciation.

3

Does it Create Financial Value?

In order to attract capital at the scale required to make housing more affordable to the millions of people who need it, we have to demonstrate how impact-driven multifamily investments create financial value and support the investor’s fiduciary obligations and responsibilities.

4

Can It Be Measured?

How a property owner measures impact must align with how they measure financial performance. We provide clear reporting guidelines so that investors and owners can assess and measure how they are creating financial value at the property and improving the lives of the people who call them home.

Field Tested

The Multifamily Impact Framework is the only industry standard for impact investing designed specifically for the multifamily sector. The Framework is updated annually based on real-time user feedback to ensure it makes sense to the organizations who are doing the work.

Grounded In Research

We invest in research to quantify and understand how our Framework principles are being applied in multifamily properties today.

Informed by the Field

Our framework was built with evidence-based principles and industry best practices. It is enhanced annually based on real-time feedback by MIC members and other organizations who are actively using the framework.

Aligned with Global Standards

The Multifamily Impact Framework is aligned with global frameworks and regulatory requirements including the UN Sustainable Development Goals, ICMA, ILPA, GRESB, and the Community Reinvestment Act.

Built for Use

By maintaining an evidence-based and freely accessible standard, the Framework helps organizations across the industry build and enhance their impact strategies.

Enhancing Impact Strategies for Property Owners

It provides a roadmap for operators to align their management plans and reporting structures with a common framework of impact principles that enables them to better assess and communicate the effectiveness of their impact strategies.

Streamlining the Impact Assessment Process for Investors

It removes the guesswork for capital allocators by establishing a clear, industry-wide benchmark for what constitutes a “high-impact” multifamily investment.

Supporting The Product Development Process

The Framework can also be used by lenders, service providers and the public sector to improve the effectiveness and scalability of their products and financing programs.

Building Scale through Utilization

We did not design the Framework to gather dust on a shelf. We provide technical assistance and share the latest research, best practices, and user guides via our Resource Center to help more organizations put the framework to work.