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National Council of Housing Market Analysts

NCAHMA Background

Created in 2001, the National Council of Housing Market Analysts (NCHMA), formerly the National Council of Affordable Housing Market Analysts, is the only professional body dedicated exclusively to enhancing the professionalism and standards surrounding residential rental real estate market analysis. NCHMA’s members are comprised primarily of professionals involved in performing and reviewing residential market studies and underwriting residential real estate.

The Council provides technical guidance and presents opportunities for market analysts and underwriting professionals to discuss current issues, develop professional networks and gain cutting-edge information with the goal of improving the quality of residential real estate market studies. Over the years, NCHMA has developed an extensive set of resources including the Model Content Standards for Rental Housing Market Studies, Market Study Terminology, Market Study Index, Code of Ethics and Standards of Professional Practice, and a series of white papers on key market study related topics. Visit the NCHMA Resources page to learn more about these reports. In addition, through a series of multi-day forums and state HFA sponsored seminars, the Council brings market analysts together to share ideas among themselves – and with state agencies, equity syndicators, lenders, developers, local governments and other market study users.

NCHMA's Mission

The National Council of Housing Market Analysts (NCHMA) strives to be the premiere educational and membership organization for residential real estate market analysts. NCHMA facilitates professional development, continuing education, networking and business development opportunities and is committed to the continued development and promotion of an ethical, unbiased, and standardized set of housing market study guidelines in order to make the market study process more accountable, transparent, timely and effective.


News & Information

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Tax Credit Advisor Content

More Senior Leadership Changes at HUD

FHA Commissioner Carole Galante recently announced she will leave her role as HUD’s Assistant Secretary for Housing and FHA Commissioner in the fall. read more

Date Published: 08/13/2014

Tags: Affordable Housing, HUD

IRS Clarifies Certain Provisions Related to PTC and ITC

The Internal Revenue Service (IRS) recently released Notice 2014-46, further clarifying Notices 2013-29 and 2013-60, regarding (i) how to satisfy the Physical Work Test and (ii) the effect of various types of transfers with respect to a facility after construction has begun. read more

Date Published: 08/13/2014

Tags: Green/Sustainable Housing, IRS/Tax Issues

GAO Report Calls for Increased IRS Guidance, Controls for NMTC Program

The Government Accountability Office (GAO) recently released a new report that addresses the complex financial structures of New Markets Tax Credit (NMTC) transactions. read more

Date Published: 08/13/2014

Tags: NMTC, Tax Credits, IRS/Tax Issues

HUD Issues Memo Addressing Lender-Ordered MAP Appraisals In Lieu of RCS

A recent memo released by HUD dated August 7, 2014, addresses the use of a lender ordered MAP appraisals in lieu of a separate Rent Comparability Study (RCS) for Mark-Up-To-Market transactions. read more

Date Published: 08/13/2014

Tags: Affordable Housing, Market Analysis, HUD

CDFI Fund Launches 2014 NMTC Allocation Round

The Community Development Financial Institutions (CDFI) Fund recently released the Notice of Allocation Availability (NOAA) to open the next allocation round for the New Markets Tax Credit (NMTC) program. read more

Date Published: 08/13/2014

Tags: NMTC, Tax Credits

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Join NCHMA

Participation in councils is a primary benefit of membership in NH&RA.
Our councils keep members abreast of critical industry developments, new business opportunities and are leading advocates for the issues you care about most on Capital Hill and HUD, IRS, CDFI Fund, National Park Service and the State Housing Finance Agencies.

Perhaps most importantly, membership in NH&RA councils provides access to a peer group and network that WILL help you generate new business and create efficiencies in your operations. NH&RA members know that by sharing their insight and know-how we are all able to grow our businesses. Council membership is complimentary for NH&RA members. They meet in person and via conference call through out the year.