Tools commonly used in the Student Housing industry for day-to-day tasks and operations.

• Property management software
• Online booking platforms
• Maintenance management software
• Security systems
• Energy management systems
• Furniture and appliances for furnished units
• Cleaning supplies and equipment
• Communication tools for residents and staff
• Accounting and financial management software
• Marketing and advertising tools

Common products and services typical of NAICS Code 721310-09, illustrating the main business activities and contributions to the market.

• Student apartments
• Student dorms
• Student co-living spaces
• Student townhouses
• Student suites
• Student studios
• Student residences
• Student lodges
• Student hostels
• Student homestays

The specific certifications, permits, licenses, and regulatory compliance requirements within the United States for this industry.

• Fire Safety Inspection: Student housing facilities must comply with fire safety regulations to ensure the safety of residents. The National Fire Protection Association (NFPA) provides certification for fire safety inspections.
• Lead-Based Paint Certification: Student housing facilities built before 1978 must be certified as lead-free or lead-safe. The Environmental Protection Agency (EPA) provides certification for lead-based paint inspections.
• Americans with Disabilities Act (ADA) Compliance: Student housing facilities must comply with ADA regulations to ensure accessibility for residents with disabilities. The Department of Justice provides certification for ADA compliance.
• Fair Housing Act Compliance: Student housing facilities must comply with the Fair Housing Act to ensure equal housing opportunities for all residents. The Department of Housing and Urban Development (HUD) provides certification for Fair Housing Act compliance.
• Occupational Safety and Health Administration (OSHA) Compliance: Student housing facilities must comply with OSHA regulations to ensure a safe and healthy work environment for employees. OSHA provides certification for compliance with their regulations.
• National Apartment Association Education Institute (NAAEI) Certification: The NAAEI provides certification for professionals in the apartment industry, including student housing. Certification programs include Certified Apartment Manager (CAM), Certified Apartment Maintenance Technician (CAMT), and Certified Apartment Supplier (CAS).
• National Association Of Home Builders (NAHB) Certification: The NAHB provides certification for professionals in the home building industry, including student housing. Certification programs include Certified Graduate Builder (CGB), Certified Graduate Remodeler (CGR), and Certified Green Professional (CGP).
• Leadership In Energy and Environmental Design (LEED) Certification: LEED certification is a globally recognized symbol of sustainability achievement. Student housing facilities can obtain LEED certification for their buildings through the U.S. Green Building Council (USGBC).
• International Building Code (IBC) Compliance: The IBC provides minimum standards for building safety and health. Student housing facilities must comply with IBC regulations to ensure the safety of residents. The International Code Council (ICC) provides certification for compliance with the IBC.
• International Fire Code (IFC) Compliance: The IFC provides minimum standards for fire safety in buildings. Student housing facilities must comply with IFC regulations to ensure the safety of residents. The ICC provides certification for compliance with the IFC.
• International Residential Code (IRC) Compliance: The IRC provides minimum standards for residential building safety and health. Student housing facilities must comply with IRC regulations to ensure the safety of residents. The ICC provides certification for compliance with the IRC.
• National Electrical Code (NEC) Compliance: The NEC provides minimum standards for electrical safety in buildings. Student housing facilities must comply with NEC regulations to ensure the safety of residents. The NFPA provides certification for compliance with the NEC.
• National Green Building Standard (NGBS) Certification: The NGBS provides a rating system for green building practices. Student housing facilities can obtain NGBS certification for their buildings through the Home Innovation Research Labs.
• Energy Star Certification: Energy Star certification is a symbol of energy efficiency. Student housing facilities can obtain Energy Star certification for their buildings through the Environmental Protection Agency (EPA).
• Building Owners and Managers Association (BOMA) Certification: The BOMA provides certification for professionals in the commercial real estate industry, including student housing. Certification programs include Real Property Administrator (RPA), Facilities Management Administrator (FMA), and Systems Maintenance Administrator (SMA).
• Certified Commercial Investment Member (CCIM) Certification: The CCIM provides certification for professionals in the commercial real estate industry, including student housing. Certification programs include Certified Commercial Investment Member (CCIM) and Certified Property Manager (CPM).
• Certified Property Manager (CPM) Certification: The Institute of Real Estate Management (IREM) provides certification for professionals in the property management industry, including student housing. Certification programs include Certified Property Manager (CPM) and Accredited Residential Manager (ARM).
• Certified Apartment Portfolio Supervisor (CAPS) Certification: The NAAEI provides certification for professionals in the apartment industry, including student housing. Certification programs include Certified Apartment Portfolio Supervisor (CAPS) and National Apartment Leasing Professional (NALP).
• National Association Of Residential Property Managers (NARPM) Certification: The NARPM provides certification for professionals in the residential property management industry, including student housing. Certification programs include Residential Management Professional (RMP) and Master Property Manager (MPM).

A concise historical narrative of NAICS Code 721310-09 covering global milestones and recent developments within the United States.

• The history of student housing can be traced back to the early 1900s when universities started to provide dormitories for their students. However, it wasn't until the 1960s that the concept of off-campus student housing started to gain popularity. In the United States, the first privately-owned off-campus student housing complex was built in 1964 near the University of Michigan. Since then, the industry has grown significantly, with more and more private companies entering the market. In recent years, the industry has seen notable advancements in technology, with the introduction of online booking platforms and smart home features in student housing complexes.

The anticipated future trajectory of the NAICS 721310-09 industry in the USA, offering insights into potential trends, innovations, and challenges expected to shape its landscape.

• Growth Prediction: Growing

  The student housing industry in the USA is expected to grow in the coming years due to the increasing number of students enrolling in universities and colleges. The industry is also expected to benefit from the growing trend of students preferring to live off-campus in purpose-built student accommodation (PBSA) rather than traditional dormitories. The COVID-19 pandemic has also led to an increased demand for PBSA as students seek more private and secure living arrangements. However, the industry may face challenges such as rising construction costs and increased competition from alternative accommodation options. Overall, the student housing industry is expected to continue to grow and evolve to meet the changing needs of students in the USA.

Recent groundbreaking advancements and milestones in the Student Housing industry, reflecting notable innovations that have reshaped its landscape.

• Smart Home Technology: Many student housing providers are incorporating smart home technology into their properties, allowing students to control their living environment through their smartphones or other devices.
• Sustainability Initiatives: Some student housing providers are implementing sustainability initiatives such as energy-efficient appliances, recycling programs, and green roofs to appeal to environmentally conscious students.
• Social Spaces: Many student housing properties now feature communal spaces such as game rooms, study lounges, and outdoor areas to encourage social interaction among residents.
• Health and Wellness Amenities: Some student housing providers are offering amenities such as fitness centers, yoga studios, and meditation rooms to promote the physical and mental well-being of their residents.
• Virtual Tours: With the COVID-19 pandemic limiting in-person visits, many student housing providers are offering virtual tours of their properties to allow prospective residents to view the accommodations remotely.