The National Council of Affordable Housing Market Analysts’ (NCAHMA) has adopted a
series of documents,  including three cornerstone documents: the Model Content Standards for
Market Studies for Rental Housing , the Market Study Index, and the Code of Ethics and
Standards of Professional Practice. These fundamental and comprehensive documents are
supplemented by several White Papers and Research Documents focusing on specific
components and/or concepts of market studies. While this library of documents offers an
overview of market study principles and provides a framework for market study content, the
application of these principles is the professional responsibility of individual market analysts and
can vary based on the specific  assignment and intended use.  To help reconcile these variances,
NCAHMA recommends the inclusion of a Scope of Work in each market research and analysis