WASHINGTON, DC - The Multifamily Impact Council (MIC), a non-profit membership organization dedicated to advancing impact investing in affordable and sustainable rental housing, today announced the release of the latest edition of the Multifamily Impact Framework™.
First introduced in 2023, the Framework is the industry’s only common set of evidence-based impact standards and reporting guidelines designed by and for the multifamily sector. Available for free, the Framework has been downloaded by over 500 organizations across the United States and is widely used as a foundation for due diligence, impact assessment, product development, and annual reporting.
“We created the Framework to make it easier for public and private capital to invest in multifamily properties that improve lives, strengthen communities, and deliver profitable rates of return that help investors meet their fiduciary responsibilities,” MIC Founder and CEO Bob Simpson said. “We made it free because there should be no barrier to entry for industry standards, and we rely on user feedback to make annual enhancements that keep the Framework relevant, credible, and easy to use.”
This year’s edition reflects feedback and recommendations from MIC members and other industry leaders who are using the Framework to support their affordable and sustainable rental housing initiatives.
Monica Magalhaes, Impact Capital Initiatives Officer at the Low Income Investment Fund (LIIF), said: “In 2025, LIIF had the benefit of incorporating enhancements to our Impact Scorecard informed by the Multifamily Impact Framework. By aligning with this national standard, we are strengthening the way we measure outcomes in affordable housing and ensuring our capital is advancing community-driven impact. As a member of the Multifamily Impact Council, we had confidence that the proposed enhancements reflected trusted, industry-wide expertise.”
“Being a member of the Multifamily Impact Council has played a pivotal role in advancing Kayne Anderson Real Estate’s sustainability goals, particularly in support of our Attainable Housing Strategy,” added Amanda Nunnink, Senior Managing Director of Attainable Housing at Kayne Anderson Real Estate. “We take a tailored approach to investing, and the guidance provided by the Multifamily Impact Framework’s seven principles has been instrumental in helping me and my team align our efforts with a clear, measurable strategy for investing in and managing our attainable housing properties.”
The Multifamily Impact Council includes more than 85 organizations across the multifamily industry who share a common belief that healthy, financially stable renters create healthy and financially stable properties. Along with the Impact Framework™, the MIC uses its collaboration platform to share best practices and support organizations who are using the framework to guide their business practices. In addition, it supports research initiatives that seek to understand and quantify how impact-driven practices create financial value for investors and communities.
The Multifamily Impact Framework™ is available for anyone to download for free at multifamilyimpactcouncil.org
About The Multifamily Impact Council (MIC): The Multifamily Impact Council (MIC) is a non-profit 501(c)6 membership organization that was established to support the growth of impact investing in the multifamily sector by maintaining market-based impact principles and reporting standards that establish a streamlined, consistent and credible approach to making investments that improve the lives of renters, strengthen communities, and deliver stable, long-term returns that support the fiduciary responsibilities of the investor.