National Multifamily Housing Council

What National Multifamily Housing Council does

The National Multifamily Housing Council (NMHC) is a membership-based trade association founded in 1978 and headquartered in Washington, D.C., representing the leadership of the U.S. apartment industry. Its members — owners, developers, managers, and capital providers — collectively house approximately 40 million Americans and contribute an estimated $3.4 trillion annually to the U.S. economy. NMHC operates as a nonprofit organization with affiliated entities including Foundations for Rental Housing, the Douglas M. Bibby NMHC Research Foundation, and the Shelters to Shutters program (launched 2014).

NMHC's core product portfolio centers on research, events, advocacy, and member services. The flagship research asset is the Quarterly Survey of Apartment Market Conditions, a diffusion-index-based quarterly instrument collecting sentiment from CEOs and senior executives across market tightness, sales volume, equity financing, and debt financing. The NMHC 50 Rankings provide annual benchmarks of the largest apartment owners, developers, builders, managers, and financiers. Events include the Annual Meeting, OPTECH Conference (run jointly with RETTC), Student Housing Conference, Apartment Strategies Conference, Spring Meeting, Research & Data Analytics Forum, and Women's Event. Advocacy is delivered through direct engagement with Congress, HUD, the EPA, and the FCC, producing documented legislative and regulatory outcomes including preservation of the ENERGY STAR Portfolio Manager ($33 million secured in 2026) and advancement of the 21st Century ROAD to Housing Act.

NMHC generates revenue through three primary streams: recurring membership dues from apartment owners, developers, and property managers; transaction-fee event registration across member and non-member pricing tiers; and one-time sales of research publications through the NMHC Bookstore. Go-to-market is direct membership sales supported by a membership development program, with significant leverage from flagship events as both engagement and acquisition channels. Distribution is global in reach but U.S.-focused in market, with digital channels (Code 53 podcast, Apartment Wire newsletter, NMHC website, LinkedIn, X @ApartmentWire) complementing in-person convening.

Name

National Multifamily Housing Council

Legal name

National Multifamily Housing Council

Website

https://nmhc.org

Company type

Private

Founded year

1978

Operating status

Operating

Headcount range

11–50 employees

Short description

The National Multifamily Housing Council (NMHC) is a Washington, D.C.-based nonprofit trade association founded in 1978 that represents the leadership of the U.S. apartment industry — owners, developers, managers, and capital providers — through research, advocacy, events, and member services.

Ownership category

akta.pro rank

Product category

Industry Trade Association Services

NAICS

Business Associations (813910), Convention and Trade Show Organizers (561920)

SIC

Services-Membership Organizations (8600)

akta.pro primary industry

Executive Summits & Invitation-Only Forums (MPAGAGAK)

akta.pro secondary industry

Survey, Panel & Fieldwork Services (BPAHALAJ)

Keywords

• Multifamily housing association
• Apartment industry advocacy
• Rental housing research
• Property management networking
• Apartment market intelligence

Headquarters

HQ city

Washington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Membership Dues: NMHC generates revenue primarily through membership dues from multifamily apartment owners, developers, and property managers. Membership provides access to research, advocacy, networking, and industry events.
2. Event Registration Fees: Revenue from flagship events including Annual Meeting, OPTECH Conference, Student Housing Conference, Apartment Strategies Conference, Women's Event, and various regional meetings. Both member and non-member pricing tiers exist.
3. Research Publications and Reports: Sales of research reports through the NMHC Bookstore including the Renter Preferences Survey reports, Quarterly Survey data, and industry white papers. Products available for members at discounted member pricing.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels7 records

Core offering

NMHC is a membership-based trade association that serves the U.S. apartment industry by delivering market intelligence (Quarterly Survey of Apartment Market Conditions, NMHC 50 rankings, research reports), federal and regulatory advocacy before Congress and agencies such as HUD, EPA, and FCC, and convening services through industry conferences, webinars, and networking programs for apartment owners, developers, managers, and capital providers.

Product overview

National Multifamily Housing Council is a trade association serving the apartment industry, not a software product company. Its offerings consist primarily of research products (Quarterly Survey of Apartment Market Conditions, NMHC 50 Rankings, Research Reports, Industry Benchmarks, Bookstore), professional events (Annual Meeting, Spring Meeting, OPTECH Conference & Expo, Student Housing Conference, Apartment Strategies Conference, Women's Event, Research & Data Analytics Forum), member services (Emerging Leaders Program, Career Center, Webinars), and content platforms (Code 53 Podcast). These products and services support apartment industry professionals with market intelligence, networking, advocacy, and professional development.

Differentiator

Problem solved

Functional benefit

Products and services

• Quarterly Survey of Apartment Market Conditions Quarterly diffusion-index-based survey of apartment market conditions conducted among CEOs and senior executives of apartment-related firms, tracking changes in market tightness, sales volume, equity financing, and debt financing relative to the previous quarter.
• NMHC 50 Rankings Annual proprietary rankings of the largest apartment owners, managers, developers, builders, and general contractors serving the U.S. multifamily housing industry.
• NMHC Webinars Industry webinar series covering the Quarterly State of the Multifamily Market, Government Affairs updates, and informational townhalls on topics such as the Renter Insights Survey, delivered to apartment industry members and select non-member audiences.
• OPTECH Conference & Expo Annual technology conference and expo, hosted in partnership with RETTC, convening leaders shaping how rental housing operates and serves residents, with exhibitor booths and sponsorship opportunities.
• NMHC Annual Meeting NMHC's flagship annual gathering of members offering networking and discussion of rental housing topics, including the adjacent NMHC Women's Event held in conjunction with the meeting.
• NMHC Student Housing Conference Annual conference focused on the student housing segment of the multifamily industry, providing networking and education for student housing owners, operators, and developers.
• NMHC Spring Meeting Annual spring gathering for NMHC members featuring industry discussions and networking.
• NMHC Apartment Strategies Conference Annual conference providing insights into multifamily housing economic and market trends for investment, development, and operational decision-making.
• NMHC Research & Data Analytics Forum Annual forum focused on research and data analytics in the multifamily housing sector.
• NMHC Women's Event Annual event held in conjunction with the NMHC Annual Meeting, focused on women leaders in the multifamily housing industry.
• NMHC Bookstore Online storefront selling NMHC research reports, surveys, and publications including Renter Preferences Survey reports and quarterly survey data, with member and non-member pricing tiers.
• NMHC Research Reports Comprehensive research reports on multifamily housing topics including market trends, policy analysis, and industry insights, distributed through the NMHC Bookstore.
• NMHC Industry Benchmarks Benchmarking tools and data products for the multifamily housing industry.
• Code 53 Podcast Podcast presented by NMHC covering apartment industry topics, trends, and discussions with industry leaders.
• NMHC Emerging Leaders Program Networking and professional development program for emerging leaders in the multifamily housing industry.
• NMHC Career Center Career resources and job board for the multifamily housing industry, operated at nmhc.selectleaders.com.

Quantifiable outcome

• Members contribute $3.4 trillion annually to the U.S. economy
• +2 more outcomes

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• NYU Urban Lab at the Schack Institute of Real EstatecoreStrategic or Co-development Partner · 23 June 2026NMHC partnered with NYU's Urban Lab at the Schack Institute of Real Estate to release a Housing Affordability Toolkit presenting a policy roadmap to address the U.S. rental housing crisis affecting 22.4 million rent-burdened households. The toolkit proposes a three-part strategy including creating naturally occurring affordable housing, reducing development barriers, and establishing public-private partnerships.
• Real Estate Technology and Transformation Center (RETTC)coreStrategic or Co-development Partner · 13 April 2026NMHC and RETTC jointly conduct the Renter Insights Survey, organize OPTECH Conference (RETTC Members Only), and collaborate on advocacy regarding technology, telecommunications, data security, and property operations issues. Kevin Donnelly serves as Executive Director of RETTC while maintaining NMHC affiliation.
• HUD (U.S. Department of Housing and Urban Development)coreOthers · 13 April 2026HUD Secretary Scott Turner toured a Build-to-Rent community with NMHC leadership and Congressman Evans to showcase BTR housing as a solution to the national housing affordability crisis. NMHC urged Congress to preserve BTR provisions in the pending 21st Century ROAD to Housing Act.
• National Apartment AssociationcoreStrategic or Co-development Partner · 11 February 2026NMHC and NAA jointly advocated for housing legislation, with both organizations urging the Senate to pass the companion ROAD to Housing Act. They have also partnered on advocacy positions regarding build-to-rent housing, music licensing, patent reform, and other industry issues.
• National Apartment Association, Building Owners and Managers Association, U.S. Green Building CouncilcoreStrategic or Co-development Partner · 26 January 2026Led a coordinated advocacy campaign to preserve the EPA's ENERGY STAR Portfolio Manager benchmarking tool from elimination. The coalition sent nearly 900 constituent letters to Congress, successfully securing $33 million in the bipartisan spending package.
• EPA (U.S. Environmental Protection Agency)minorOthers · 8 January 2026The ENERGY STAR program is administered by the EPA. NMHC led a coalition advocacy effort that secured $33 million in funding for the ENERGY STAR Portfolio Manager benchmarking tool, which tracks energy and water consumption for approximately 25% of all U.S. buildings.
• Fannie MaeminorStrategic or Co-development Partner · 22 January 2024Fannie Mae's Vice President of Multifamily Economics and Strategic Research, Kim Betancourt, serves as speaker on NMHC's Quarterly State of the Multifamily Market Webinar series, providing market analysis from the GSE perspective.

Scale indicators3 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• National Association of Realtors: The largest U.S. real estate trade association, covering residential and commercial brokerage. Comparable to NMHC as a membership-based advocacy and research organization serving the broader real estate industry.
• Urban Land Institute: A global research and education organization covering land use and real estate development. Comparable to NMHC in publishing authoritative industry research and convening senior developers, with broader scope across all property types.
• American Hotel & Lodging Association: The lodging industry's primary trade association. Comparable to NMHC in serving hospitality property owners with advocacy, research (e.g., STR data partnerships), events, and standards, providing a benchmark for association monetization.

Direct peers

• National Apartment Association: The complementary apartment-industry trade association focused on rental housing operations, suppliers, and on-the-ground advocacy. NMHC and NAA frequently co-advocate (e.g., ROAD to Housing Act), making NAA NMHC's closest operational peer.
• Building Owners and Managers Association International: Trade association for commercial real estate owners and managers. Comparable to NMHC in serving property-owner constituencies with advocacy, research (BOMA Experience Exchange Report), and standards, and a co-advocacy partner on ENERGY STAR.
• The Real Estate Roundtable: Washington-based policy organization for senior real estate executives across all property types. Closely comparable to NMHC's C-suite convener model and federal advocacy focus, with overlapping membership at the CEO level.
• Nareit: The trade association for REITs, including multifamily housing REITs that are core NMHC members. Comparable as a membership organization providing research, advocacy, and investor education for institutional real estate.
• Institute of Real Estate Management: An international association for property and asset managers, affiliated with NAR. Comparable to NMHC in serving the property-management segment with credentials (AMO, CPM), education, and industry research.
• Mortgage Bankers Association: The national trade association for the real estate finance industry, including multifamily lenders. Comparable to NMHC as a research-driven advocacy body whose members overlap with NMHC's capital-provider segment.

Emerging players

• Council of Large Public Housing Authorities: A membership organization for the largest public housing authorities in the U.S. Comparable to NMHC in serving affordable-housing operators with policy advocacy and research, particularly relevant as NMHC engages on affordability policy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ApartmentWire
• LinkedInlinkedin.com/company/national-multi-housing-council

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about National Multifamily Housing Council