MITS Data Models

NMHC launched the Multifamily Information Transaction Standards (MITS) initiative to improve operating efficiencies for rental housing by developing data models and leveraging data exchange technologies. Through MITS, data transmission among software systems, both within and between organizations, is facilitated through Application Programming Interfaces (APIs) and Extensible Markup Language (XML) to allow systems to communicate in key operational areas.

RETTC is now working to modernize and update MITS by bringing together rental housing providers and suppliers to collaboratively identify opportunities for operational efficiency and transparency that benefit renters and housing affordability.

MITS is freely available for download and its use is completely voluntary.

LATEST NEWS

Working Group Activity Updates – 2025 MITS Working Group

November – December 2025: MITS Working Group Update 

In November, the MITS Working Group met in person at the RETTC OPTECH 2025 Conference in Las Vegas. MITS also held a Fee Transparency Workshop on how following the MITS 5.0 Data Model can enable the transmission of the total cost of renting a home—including fees—to prospective and current residents.  

A draft of our 2026 mission statement was presented to the working group: 

Draft Mission: “Design and maintain a multifamily industry ontology (data model of common definitions and semantic layer of relationships between objects and systems) that supports consistent understanding of information and seamless integrations between systems as the industry embarks on adopting AI. 

A multifamily data model supports technology platforms across the industry with the goal to improve pricing transparency, satisfaction, and affordability for prospects and residents and enhance operational efficiencies for housing providers.” 

On December 11th a RETTC OnAir – Fee Transparency Webinar was held for RETTC members. You can view the webinar recording here.

There is no MITS Working Group meeting planned for December due to the Holidays. We will reconvene in January where we will work on our 2026 goals.

To stay updated on our progress, please enter your email in the form. 


Previous Updates

Looking for fee transparency resources or guidance?

MITS Implementation Mapping Tool

Map your transaction/charge codes to the corresponding new Charge Classifications in the MITS 5.0 data model. This tool is powered by Cherre.

By clicking here, you will leave RETTC.org and be redirected to Cherre.com for access to the MITS Implementation Mapping Tool.

Approved MITS Data Models