Apartment Industry Announces Improved Accounts Payable Data Transfer Standard

WASHINGTON, DC – The Multifamily Information and Transactions Standards (MITS) initiative, the apartment industry’s coordinated effort to create shared data standards so different software programs can “talk to each other,” announces a new, improved data standard—Accounts Payable 4.0.


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Based in Washington, DC, National Multi Housing Council (NMHC) is a national association representing the interests of the larger and most prominent apartment firms in the U.S.  NMHC's members are the principal officers of firms engaged in all aspects of the apartment industry, including owners, developers, managers and financiers.  Nearly one-third of Americans rent their housing, and more than 14 percent live in a rental apartment.

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Tel: 202.974.2300
Fax: 202.775.0112

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