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Our Affordable Housing module is part of a comprehensive solution
for property management, site and home office accounting, affordable
housing and tax credit compliance.
Intuit Real Estate Solutions products are completely integrated
with Bostonpost Technology's
software for affordable housing that provides everything needed
to monitor and streamline management of properties financed by the
following affordable housing programs.
Key features include:
- A fully automated tenant certification process complete with
a built-in pass/fail reporting system that confi rms and validates
data as it is entered.
- Intelligent waitlist and turnover processing that maintains
compliance by pre-selecting only applicants that are eligible
for a given unit.
- Over 200 online reports that can be printed emailed, or exported
to Excel, Word, PDF, and text files.
- Automatic production of complete resident files and verification
forms from a central document library with over 400 document templates
that are printed automatically as users complete routine processing
tasks.
- Comprehensive maintenance tracking and invoice processing.
- Fully Integrated GL, AP, AR processing.
The Affordable Housing software reduces the administrative workload
of property managers and compliance administrators with powerful
multi-subsidy compliance support for all affordable housing programs.
HUD Section 8, 202, 236, 811, PRAC:
- Easy TRACS file creation and HAP reconciliation process to account
for rejected certifications and payments held or released by HUD.
- Ability to allocate HAP payments to individual residents.
- Special Claims for damages and vacancy.
- Ready-to-use document templates for verifying household information
and creating certifications.
- Accurate, automated recalculation of certifications for global
rent increases.
- Built-in error checks - so you'll know instantly if you've made
a data entry error.
- Ensured compliance - we keep abreast of HUD and TRACS changes
then update your software to keep you compliant.
Tax Credits, Section 42:
- Generates detailed compliance audit reporting.
- Supports multiple set asides by property or building and for
fixed or floating units.
- Monitors the 140% and 170% income rules.
- Simplifies qualification, certification and re-certification
processing for LIHTC/tax credit properties.
- Automatically alerts you to potential compliance violations.
- Protects you from violating the available unit and student
status rules.
- Manages vacancy fractions by floor space for greater accuracy.
- Automatically calculates the "max tax credit rent"
by bedroom or person.
- Provides comprehensive reporting…including the annual
compliance unit data report for every state.
USDA Rural Development Section 515
- Rental assistance certification RD 3560-08
- Basic rent and overage tracking
- Preparation of MINC submissions 3560-8
Public Housing
- Prepare PIC submissions 50058
- Support for ceiling rents
- Track tenant service programs
For industry news and resources, click
here.
To learn more about the complete suite of solutions available to enhance
management of subsidized and conventional properties, see the Multifamily
section, or visit the Commercial
area to see solutions for commercial portfolios.
If you need more information on any of our property management
or corporate real estate software solutions, please contact
us. |
