The Multifamily Impact Council (MIC), a nonprofit membership organization with a mission to establish a framework of impact investing principles and reporting guidelines for the industry, has created an advisory board comprised of 11 leaders.
The board members, who represent the affordable housing, impact investing, and environmental, social, and governance (ESG) reporting and certification industries, will provide guidance and expertise to the MIC and help support the organization’s mission and help increase the flow of global impact capital into affordable and sustainable rental housing across the nation.
“As a collaboration-oriented organization, creating an advisory board of experts from the impact investing and ESG certification space has been part of our organization’s road map since day one,” said MIC president Bob Simpson. “We’re thrilled with the caliber and breadth of experience our board members bring to the table, and we’re excited to have their input and hear their perspectives as we execute the critical work before us.”
The MIC inaugural advisory board includes Sharon Dworkin Bell, executive director, Council of Large Affordable Housing Owners; Michelle Boyd, chief strategy officer at the Terner Center for Housing Innovation at the University of California, Berkeley; Emily Cadik, CEO, Affordable Housing Tax Credit Coalition; Kenny Emson, chief operating officer, National Multifamily Housing Council; Lissa Glasgo, director of IRIS+ and Impact Measure & Management, Global Impact Investing Network; Ryan Johnson, vice president of real estate and capital markets, Greenville Housing Fund; Sharif Mitchell, managing principal, Dantes Community Partners; Andrea Ponsor, CEO, Stewards of Affordable Housing for the Future; Katelynn Walker, associate director for affordable housing initiatives, Mortgage Bankers Association; Stockton Williams, executive director, National Council of State Housing Agencies; and Dan Winters, senior director, market development and strategic initiatives, GRESB.
“The MIC is doing imperative work of articulating principles for the multifamily impact investing sector,” said Glasgo. “This will be critical for the future of impact investing, and I’m honored to serve on a board of extraordinary leaders in the housing industry to work on this initiative.”
GRESB’s Winters added that the multifamily industry has major opportunities around energy efficiency and greenhouse gas emission reductions. “Convening experienced leaders to develop a framework of impact-oriented metrics tailored to residential multifamily communities will be a significant accelerator to achieving superior outcomes.”
The MIC was launched in spring 2022 by a consortium of over 20 industry leaders, including Founding members include Affordable Housing Investors Council; Alliant Strategic, a Walker & Dunlop company; Avanath Capital Management; Boston Financial; Bridge Investment Group; Comunidad Partners; Enterprise Community Partners; Esusu; Fannie Mae; FCP; Fitwel; Freddie Mac; Goldman Sachs; Kayne Anderson Real Estate; Lincoln Avenue Capital; Low Income Investment Fund; National Affordable Housing Trust; National Association of Affordable Housing Lenders; Newmark; Nuveen Real Estate; OpenPath Investments; PGIM Real Estate; Stoneweg SA; Waterford Property Co.; and Wells Fargo.