Definition
The National Multifamily Housing Council (NMHC) is an organization that offers leadership and advocacy for the apartment and multifamily housing industry. NMHC focuses on various aspects including legislative and regulatory matters, promoting research, facilitating the exchange of strategic business information, and enhancing the desirability of apartment living. This council plays a vital role in influencing housing policy and providing resources and guidance to industry professionals.
Address & Contact Information:
National Multifamily Housing Council
1775 Eye St., N. W., Suite 1100
Washington, DC 20006
Phone: 202-974-2300
Fax: 202-775-0112
Website: [www.nmhc.org](https://www.nmhc.org)
Examples
-
Advocacy Work: NMHC actively engages in legislative lobbying on behalf of the apartment industry, influencing policies related to housing affordability, tax reforms, and environmental standards.
-
Research Publications: The organization regularly publishes research reports on market trends, demographic studies, and rent control impacts which are utilized by real estate professionals for strategic planning.
-
Annual Meeting: NMHC hosts annual meetings and conferences which provide a platform for networking, sharing industry insights, and discussing future trends with experts and policymakers.
Frequently Asked Questions (FAQs)
What is the primary mission of NMHC?
The primary mission of the National Multifamily Housing Council (NMHC) is to advance the interests of the multifamily housing industry through advocacy, research, and promoting the desirability of apartment living.
Who can join NMHC?
Membership is open to industry professionals, including property managers, owners, developers, and suppliers involved in the multifamily housing sector.
How does NMHC influence housing policy?
NMHC influences policy through extensive lobbying efforts, research dissemination, and by acting as a unified voice for the apartment industry on Capitol Hill.
What kind of resources does NMHC provide?
NMHC provides a wealth of resources including legislative updates, research reports, market data analysis, best practice guidelines, and networking opportunities through events and conferences.
Are there educational opportunities within NMHC?
Yes, NMHC offers various educational programs, webinars, and workshops aimed at benefiting industry professionals and keeping them updated on the latest trends and policies.
Related Terms
Rental Property
Real estate properties that are leased to tenants to generate rental income.
Affordable Housing
Housing units that are affordable to individuals and families with low to moderate incomes, often determined through government guidelines.
Property Management
The administration of residential, commercial, and industrial real estate, including maintaining property, handling rental transactions, and overseeing tenants.
Multi-Family Dwelling
A type of residential building comprising multiple separate housing units for residential inhabitants.
Real Estate Investment Trust (REIT)
A company that owns, operates, or finances income-producing real estate across multiple property sectors.
Online Resources
- NMHC Research Reports: NMHC Research
- Legislative Advocacy: NMHC Advocacy
- Industry Events: NMHC Events
References
- National Multifamily Housing Council Official Website: www.nmhc.org
- NMHC Annual Report, 2022.
- Multifamily Housing Trends, Published by NMHC.
Suggested Books for Further Studies
- “The Multifamily Housing Solution: A 360 Degree Approach to Perspective, Investment, and Innovation” by Andrea M. Siegel.
- “Understanding Real Estate’s Role In Multifamily Housing” by D. Bryan Profitt.
- “Real Estate Investing For Beginners: Become A Real Estate Investor and Earn Passive Income from Apartment Rentals and Multifamily Properties” by Sam Mitchel.
