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Authors Posts by NMHC

Based in Washington, DC, National Multi Housing Council (NMHC) is a national association representing the interests of the larger and most prominent apartment firms in the U.S.  NMHC's members are the principal officers of firms engaged in all aspects of the apartment industry, including owners, developers, managers and financiers.  Nearly one-third of Americans rent their housing, and more than 14 percent live in a rental apartment.

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Collaboration Between FHA and Apartment Industry Essential to Meet Nation’s Demand for Rental Housing

WASHINGTON, D.C. - June 8, 2012 - (RealEstateRama) -- Testifying before a House Financial Services Subcommittee on behalf of the National Multi Housing Council (NMHC) and the National Apartment Association (NAA), Rick Mosytn today told lawmakers that the Federal Housing Administration’s (FHA’s) multifamily housing programs are a critical resource to private-sector developers and investors and the future health of the rental housing market.

Surging Gen Y Enrollment Stresses University On-Campus Housing

WASHINGTON, D.C. - May 30, 2012 - (RealEstateRama) -- A 38.7 percent increase in university enrollment over the past decade is creating a shortage of on-campus housing nationwide, according to a new white paper from the National Multi Housing Council’s (NMHC) National Student Housing Council (NSHC). The analysis utilized U.S. Department of Education and U.S. Census Bureau data between 2000 and 2010 to identify on-campus housing needs across the country.

Fifth consecutive quarter of uninterrupted growth; Market still lacks widespread capital

WASHINGTON, D.C. - April 26, 2012 - (RealEstateRama) -- Optimism continues for the apartment industry, according to the latest results of the National Multi Housing Council (NMHC) Quarterly Survey of Apartment Market Conditions. The findings reflect a gradual recovery for the multifamily sector that faced a 50-year low in apartment starts in 2009.

2012 NMHC 50 Names Nation’s Largest Apartment Owners, Managers

WASHINGTON, D.C. - April 5, 2012 - (RealEstateRama) -- In a resurgent rental market, the top players are Boston Capital (157,423 units owned) and Greystar Real Estate Partners LLC (192,711 units managed), according to the National Multi Housing Council’s (NMHC) new 2012 NMHC 50 – the apartment industry’s annual ranking of the top 50 apartment owners and managers nationwide.

Model Energy Codes Could Add Thousands To The Cost Of New Apartment Construction, Seriously...

WASHINGTON, DC - March 27, 2012 - (RealEstateRama) -- New energy codes could add thousands of dollars to the construction costs of each individual apartment residence in a multifamily building, according to new research commissioned by the National Multi Housing Council (NMHC) and the National Apartment Association (NAA). The research examines the costs of adopting the 2009 and just released 2012 International Energy Conservation Code (IECC). View the full report online at www.nmhc.org/goto/IECC-Study.

Housing Finance Reform and Comprehensive Tax Overhaul Highlight Apartment Industry’s 2012 Priorities For Capitol...

WASHINGTON, D.C. - March 13, 2012 - (RealEstateRama) -- The National Apartment Association (NAA) and National Multi Housing Council (NMHC) announced the apartment industry’s 2012 policy agenda today as part of the NAA Capitol Conference’s lobby day tomorrow. Top priorities for Capitol Hill in the year ahead include housing finance reform, comprehensive tax overhaul and cost-effective regulations.

National Multi Housing Council Promotes Kim Duty To SVP

WASHINGTON, DC - March 2, 2012 - (RealEstateRama) -- The National Multi Housing Council (NMHC) promoted Kim Duty to Senior Vice President of Public affairs and Industry Initiatives. Duty’s new position includes lead responsibility for developing and implementing a comprehensive strategic communications program for the Council.

NMHC/NAA Commend Regulators For Advocating a Separate Multifamily Solution In Housing Finance Reform

WASHINGTON, D.C. - February 22, 2012 - (RealEstateRama) -- The Federal Housing Finance Agency (FHFA) released a strategic plan for the future of the Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac today. The following is a statement from the National Multi Housing Council (NMHC) and National Apartment Association (NAA) by Cindy Chetti, NMHC Senior Vice President of Government Affairs:

Apartment Industry Continues Recovery, Survey Says

WASHINGTON, D.C. - February 2, 2012 - (RealEstateRama) -- Market conditions continued to improve for the multifamily industry across all areas, according to the latest National Multi Housing Council (NMHC) Quarterly Survey of Apartment Market Conditions. For the seventh time in the last eight quarters, all four indexes reflecting Market Tightness, Sales Volume, Equity Financing and Debt Financing were at or above 50 – indicating growth from the previous quarter.

Apartment Industry Response to President Obama’s Real-Estate Owned Initiative

WASHINGTON, D.C. - February 1, 2012 - (RealEstateRama) -- Statement from the National Multi Housing Council (NMHC) and National Apartment Association (NAA) by Cindy Chetti, NMHC Senior Vice President of Government Affairs:

National Multi Housing Council Elects New Officers

BOCA RATON, FL - January 25, 2012 - (RealEstateRama) -- The National Multi Housing Council (NMHC) elected Thomas S. Bozzuto, Chairman and Chief Executive Officer of The Bozzuto Group, to serve a two-year term as the Council’s Chairman. The event took place at the NMHC Annual Meeting on January 18 in Boca Raton, FL

Apartment Industry Response To State Of The Union Address

WASHINGTON, D.C. - January 25, 2012 - (RealEstateRama) -- Statement from the National Multi Housing Council (NMHC) and National Apartment Association (NAA) by Cindy Chetti, NMHC Senior Vice President of Government Affairs:

Apartment Industry Raises $61,000 For Wounded Warrior Project

BOCA RATON, FL - January 19, 2012 - (RealEstateRama) -- The inaugural National Multi Housing Council (NMHC) Walk for Our Troops raised $61,000 for the Wounded Warrior Project today, supporting an important program that aids veterans who suffered service-related injuries on or after September 11, 2001. The charity 3K walk/5K run took place during the 2012 NMHC Annual Meeting in Boca Raton, FL.

Congress Poised To Pass HUD Budget That Could Strand Low Income Families

WASHINGTON, D.C. - November 17, 2011 - (RealEstateRama) -- Congress is poised to pass a FY12 budget for housing programs that would damage federal efforts to provide and maintain homes for the lowest income people. H.R. 2112, the minibus appropriations bill for Transportation, Housing and Urban Development, and Related Agencies (T-HUD); Agriculture, Rural Development, and Food and Drug Administration; and Commerce, Justice, and Science, passed out of conference committee this week and will come to a vote in the House and Senate today.

NMHC/NAA’S Ron Nickson Honored By International Code Council

WASHINGTON, DC - November 4, 2011 - (RealEstateRama) -- On November 2, the International Code Council (ICC) honored Ron Nickson, Vice President of Building Codes for the National Multi Housing Council/National Apartment Association (NMHC/NAA) Joint Legislative Program, with their 2011 ICC Affiliate Award in recognition of his 30 years of service to the industry.

NMHC Issues Income/Expense Benchmarking Survey for Student Housing Sector

>WASHINGTON, DC - October 5, 2011 - (RealEstateRama) -- The National Multi Housing Council’s National Student Housing Council (NSHC) today released its 2011 income and expense benchmarking survey, the only such survey specifically targeting the growing off-campus student housing sector.

Growing Need—And Desire—For Rental Housing Emphasized In Updated NMHC PowerPoint Presentation

WASHINGTON, DC - September 23, 2011 - (RealEstateRama) -- As our population changes and more Americans choose to rent their homes, there is a growing disconnect between our national housing policy and our changing housing needs. A visually powerful PowerPoint presentation from the National Multi Housing Council (NMHC) aims to close that gap.

Apartment Industry Reiterates Call to Protect Rental Housing in any Carried Interest Tax Increase

WASHINGTON, DC - September 13, 2011 - (RealEstateRama) -- The National Multi Housing Council (NMHC) and the National Apartment Association (NAA) reiterate their calls to protect rental housing as lawmakers work toward enactment of a jobs bill.

NMHC Announces Launch of New “Emerging Leaders” Program

WASHINGTON, DC - August 30, 2011 - (RealEstateRama) -- The National Multi Housing Council today announced the formation of a new Emerging Leaders program to help cultivate future leaders in the apartment sector.

Apartment Sector Continues Across-the-Board Improvement, NMHC Market Conditions Survey Finds

WASHINGTON, DC - August 4, 2011 - (RealEstateRama) -- Apartment market conditions continue to improve across the board, according to the National Multi Housing Council's (NMHC) latest Quarterly Survey of Apartment Market Conditions.

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HUD - U.S. Department of Housing and Urban Development

HUD Awards $73 Million to Support Grantees with Vital Technical Assistance

Funding will provide technical assistance and capacity-building for HUD grantees, local governments, and community organizations nationwide. The U.S. Department of Housing and Urban