WASHINGTON, D.C. — A new foundation dedicated to apartment industry research has raised over $2.25 million in cash commitments from NMHC members to kick start the next generation of industry insight and analysis. Created by the National Multifamily Housing Council (NMHC), the new NMHC Research Foundation will address critical voids in apartment data and raise the industry’s standard of performance.
“As the multifamily industry grows in sophistication, so must the quality and breadth of our analysis,” said NMHC President and CEO, Doug Bibby. “The NMHC Research Foundation ensures that we’re able to continue providing leading, actionable information for the apartment market and support our member businesses.”
The non-profit foundation will pursue unique and original research to fill gaps in knowledge about the multifamily sector and support NMHC’s members. Research topics will span issues related to development and redevelopment activity, housing affordability, demographics, tax policy, zoning and land use, among others.
Significant funding from Founding Partners RealPage and Weidner Apartment Homes helped lift the NMHC Research Foundation off the ground.
August 17, 2016 Realty News Report Copyright 2016