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Housing Stability: The Foundation of All Other Impact



Edward Chien

Connected Communities


Our Members

in the News



SAHF

SDS Capital

Housing Diversity Corp.

NMHC


Featured

Members


Belveron Partners

Yardi

U.S. Bancorp

Cinnaire

Northern Liberties

Letter from Bob

Housing Stability Matters More Than You Might Think

April 2025

The Multifamily Impact Council is based on a fundamental belief that healthy and financially stable renters create healthy and financially stable properties. It is what makes our sector a unique and compelling investment opportunity for private capital. To help increase those investments at scale, our Framework™ has established industry standards for Impact across a handful of key principles. This month, we are focusing on the critical principle of housing stability. 

 

The truth is housing stability—feeling safe, secure and confident where we live—is more than just a principle; it is the outcome we strive to achieve. It gives people a place to stand, grow and realize their vast potential for good.

 

Few people understand this better than Edward Chien of Connected Communities. This organization is doing tremendous and innovative work towards creating housing stability for their residents, which we highlight in the following Q&A. Read on to learn more about these programs and how they might inspire you to foster housing stability at the communities you touch. 


Lastly, a quick heads up that as of April 1st, the 2025 GRESB assessment portal is officially open! As a reminder, MIC members who are first time GRESB reporters have access to special discounted pricing and other forms of support. Please contact Tom Idzal (t.idzal@gresb.com) and Rachel Mavrothalasitis (rachel@multifamilyimpactcouncil.orgto learn more.


Bob Simpson

President and CEO

Housing Stability:

The Foundation of All Other Impact

Edward Chien is Director of Economic Mobility at Connected Communities, the resident services affiliate of WinnCompanies. Connected Communities is a non-profit organization dedicated to the creation and growth of community-based programs, services and public policies that support measurable social outcomes for affordable housing communities across the country. 

Why is housing stability so important for multifamily residents and for apartment owners/operators who are interested in creating positive impact?

Housing stability underpins most other forms of stability, not to mention higher-order needs as you travel up Maslow’s hierarchy, so to speak. If someone’s shelter is disrupted, or even if they are worried that it may be disrupted, they’re not going to be able to spare time or attention for much else. Helping residents feel stable and supported in their housing really should be the prime objective for apartment owners and operators. 

READ MORE

Our Members in the News

· MIC-Aligned Resource Now on SAHF Website

· SDS Capital Launches $1B-Affordable Housing Fund

· Arctaris Impact Investors, Housing Diversity Corp. Open L.A. County’s Largest Master-Leased Affordable Housing Development

· NMHC: New Research Identifies How Tax Incentives Lay the Foundation for Housing Growth

Have news to share? Send your links to MultifamilyImpactCouncil@thesmartagency.com and we’ll spread the word in this newsletter and on our LinkedIn page. 

Thank You to Our Members!



We’d like to take this opportunity to thank the following members of the Multifamily Impact Council for their ongoing support of our organization and its mission: 

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