Attainable Leadership Is the Multifamily Impact Council with Bob Simpson

Season 01 | Episode 25

In this episode, Randy C. Norton, Founder and Chairman of MultiGreen, speaks with Bob Simpson, President and CEO of the Multifamily Impact Council. With a mantra of “Do Well. Do Good. Do More,” this organization is dedicated to establishing a framework of impact principles and reporting guidelines for the multifamily industry. They discuss how to drive more capital toward this asset class and property type by quantifying impact at the portfolio level. 

(3:10) Multifamily Impact Council, formed in May 2022, expects to release a framework for impact investing in the first quarter of 2023(4:06) Investment framework should answer five questions, starting with: Does it improve the life of the person who lives in the property?(5:12) The importance of financial stability and the tie to housing stability(7:46) Some of the member organizations of the Council (including MultiGreen)(10:23) How Bob went from media to government to finance and impact investing(11:45) Bob’s experience as a senior legislative aide to Senator Tom Daschle(14:24) Why a framework is important, and how it can quantify the impact of an investment(15:36) Differences between ESG and impact investing(16:37) Bob’s experience at Fannie Mae, developing guidelines for green investment that scales(20:25) Writing Healthy Housing for All with the Urban Land Institute(22:55) The US housing shortage — Bob estimates four to seven million units are needed(24:25) To Bob, attainability starts with stable, healthy housing for families

Additional mentionsSeven Guiding Principles of Multifamily Impact Council Federal Capital Partners Comunidad Partners Nuveen PGIM Fairfield Residential Jonathan Rose Dominium Fannie Mae ESG Investing Defined Urban Land Institute Affordable & Workplace Housing Council National Conference of State Housing Boards Healthy Housing for All

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