Multifamily Impact Council

MIC Members in Action: Nuveen, a TIAA company – a Silver Founding Member of MIC – recently launched a $170M credit impact strategy with investment from global investors, including Gjensidige and TIAA, Nuveen's parent company.? ? The strategy seeks to provide investors with access to investment grade corporates and other credit sectors and is designed to deliver alpha and total return. The use of proceeds will exclusively benefit #environmental or #social outcomes. Investments will aim to tackle issues such as access to affordable housing and community development, as well as environmental issue ranging from climate change to the regeneration of natural resources.?? ? Read more about this impressive investment partnership below:?? https://lnkd.in/g8S5-B3A? ? #CommercialRealEstate #ImpactInvesting #BuildingImpactTogether #OurMICImpact #ESG ?

Stay in the loop on the latest updates, insights, and exclusive content by subscribing to our newsletter. ? ? Join the MIC family today: https://lnkd.in/gdQqunnm? ? #ICYMI: In our October 2024 Newsletter, we had a wonderful discussion with Mike Kingsella, Founder and CEO of Up for Growth and Up for Growth Action, on what to watch for in 2025 regarding affordability legislation and policies.? ? In Cool Stuff with Amina Sam, we got the inside scoop on ION Water, a water optimization company that has helped reduce utility costs for Fortune 500 and mid-market companies and is now working with prominent names in affordable housing. ? ? Read our October issue here: https://conta.cc/3N8wM04? ? #CommercialRealEstate #ImpactInvesting #Multifamily #CRELEgislation #AffordableHousing?

The Multifamily Impact Framework? has been adopted widely throughout the industry and played a valuable role in delivering impact results for both MIC members and adopters of the Framework. To highlight their success, we are spotlighting adopters and members?who have benefitted from this key impact guide. This month, we are featuring Framework adopter California Community Reinvestment Corporation (CCRE).? CCRE is an organization that is dedicated to improving California Communities by financing the development and preservation of affordable housing for low-income households. The CCRE loan originations team incorporated the Framework into questionnaires for its borrowers delivered at loan commitment and loan funding, as well as into its annual post-funding borrower screenings.? ? We recently spoke with Tia Boatman Patterson, Esq., CEO and a leader in state and national housing legislation about the organization’s adoption of the Framework and how it is measuring the guide’s impact.? Why did you decide to adopt the Multifamily Impact Framework???? ? Boatman Patterson: CCRC is committed to doing more than simply counting the number of units?we finance. One of our goals is to understand and tell the real story of the impact we create, which connects us more deeply to outcomes for the residents we serve. By understanding the longitudinal change of our work and receiving critical data on the front end as well as annually, we can achieve measurable change for low-income individuals and families. The Multifamily Impact Framework? is helping us to do that.?? ? Read more about CCRE’s MIC adopter journey here: https://conta.cc/4fx2zUh ? #CommercialRealEstate #BuildingImpactTogether #OurMICImpact #ImpactInvesting??

Headquartered in #Austin, TX, Comunidad Partners - a Gold Founding Member of the MIC organization - is a dynamic, vertically integrated real estate investment management firm that specializes in workforce and affordable housing in culturally diverse communities throughout the United States. Their mission is to build community and enrich lives by serving as a vehicle for social impact, environmental sustainability, and financial alpha through generating attractive risk-adjusted returns for all stakeholders.? Comunidad is proudly a 100% minority-and women-owned firm and heavily focuses its investment activities on positively impacting communities through its #ESG and #DEI practices.? MIC honors the impact of our Multifamily Impact Framework adopters, members, and colleagues who are setting new standards and making a positive impact on communities and the broader industry.? Thank you, Comunidad, for your leadership! Interested in making an impact together? Learn more about how you can become a member or adopt our framework for your organization here: https://lnkd.in/dQ6f5Eay? ? #CommercialRealEstate #ImpactInvesting #BuildingImpactTogether #OurMICImpact #AffordableHousing?

“…let’s take sustainability out of the realm of politics and into the realm of doing good business.” Love this post from our friend and partner Tensie Whelan as it aligns so thoroughly with the Multifamily Impact Council’s beleift that healthy, financially sustainable renters create healthy, financially sustainable property investments.

Introducing the “Long on Impact” newsletter! ?? ?? Created by MIC Founder and CEO, Bob Simpson, “Long on Impact” is a weekly newsletter that analyzes how multifamily impact practices can improve the lives of residents, reduce greenhouse gases, and drive stable long-term financial returns for investors. Stay tuned as we explore the first series of issues, focused on the seven principles of the Multifamily Impact Council's Impact Framework.? Subscribe to the Long on Impact newsletter below and please share your feedback and spread the word across your network! https://lnkd.in/gZGfNBdm #CommercialRealEstate #ImpactingInvesting #MultifamilyHousing #MIC7Principles?

MIC Members in Action: Organizations working to provide a bright future for kids at Southgate Village Apartments? ? Amid back-to-back shootings, with no arrests being made and frequent CSPD patrols at the Southgate Village Apartment Complex in #CollegeStation, two local organizations, Rainbow Housing Assistance Corporation and the Dream Big While Young Foundation, have been working together at the property to be a light in the community, especially for the kids.?? ? “Crime doesn’t have an address, however [for] our kids, it’s certainly their hope that somebody sees them and somebody cares,” said Rainbow Services Coordinator, Samantha Gonzalez. “For me personally I want them to know that they are seen and that they are loved. They don’t get to choose where they live, however, they can choose how to come out of a situation that was not desirable. So my role in that is just to love them, encourage them, bring in people who have that same heart and vision and then just continue to inspire them to be the best version of them.”? ? Rainbow Housing not only provides a refuge for children but also provides tutoring and enrichment programs such as “Coder Kids”, which teaches skills needed for tech-based careers. They also host activities and seminars where speakers from different industries and careers are invited to talk to the kids and contribute to guiding them on attainable paths to success.?? ? Learn more about this heartfelt community achievement below:? https://lnkd.in/gqBQ6i_k? ? #CommercialRealEstate #ImpactInvesting #BuildingImpactTogether #OurMICImpact #SocialResponsibility

Why is affordable rental housing a perfect asset class for impact investors?? ? In an exclusive article with ImpactAlpha, Bob Simpson, Founder and CEO at MIC, discusses how investing in affordable housing not only addresses the critical need for accessible living options, but also delivers strong financial returns and community benefits. By aligning financial goals with #SocialImpact, investors can drive meaningful change while supporting sustainable development. ? ? When investors increase their allocation of long-term capital to support the creation and preservation of more affordable rental housing properties, they have the unique opportunity to improve the lives of low-and moderate-income households and generate stable long-term returns for their clients.?? ? Read the full article to explore how #AffordableHousing can transform lives and create lasting value:? https://lnkd.in/gmSCeF8g? ? #CommercialRealEstate #ImpactInvesting #Community??

Consistent alpha. Low beta. Long term value appreciation. This week’s edition of “Long on Impact” details how impact driven investments in multifamily properties are the perfect asset class for long term investors.

Excited to announce that I’ve been selected for the Multifamily Impact Investing Bridge Program, powered by Project Destined and the Multifamily Impact Council! As someone passionate about urban sustainability, I’m eager to dive into how multifamily housing can balance profitability with real community impact. Through this program, I’ll gain skills in evaluating investments that prioritize sustainable practices and support long-term growth.