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What is it?

The National Council of Housing Market Analysts (NCHMA) is a membership organization devoted to education, information and resource sharing among real estate market analysts who focus part of their practice on affordable housing properties.

Why is it Important?

The Council provides a forum for market analysts to interact with each other, state agencies, affordable housing investors, developers and other interested parties. The Council has also developed recommended practices/guideline documents including model content standard market study terminology as well as white papers on market study topics such as market area and calculating market rent.

How is RPRG involved?

RPRG is a founding member of NCHMA. Bob Lefenfeld has served as NCHMA’s National Chair. Tad Scepaniak is currently National Chair and has authored or co-authored many of the group’s white papers on market study methodologies. RPRG adheres to that organization’s adopted standards in terms of definition and study content for affordable market studies.