News December 22, 2014

Crossgates Begins Long Term Partnership with MRI Software and Bostonpost Affordable Housing

Cleveland, Ohio – Crossgates, Inc, a real estate developer committed to uncompromised integrity, quality, and value, has successfully utilized the industry-leading Bostonpost for several years. After such a positive experience with the product, Crossgates decided to partner with Cleveland-based MRI Software long term.

MRI Bostonpost is MRI’s industry leading affordable housing property management software. The solution can easily support a variety of layered subsidy programs, including HUD, USDA, Tax Credits, HOME, and Public Housing. Additionally, the software significantly reduces administrative workload while simultaneously maintaining a property’s compliance with any combination of affordable housing funding programs. Whether clients are managing properties with project based vouchers, or properties rehabilitated with tax credit funding, or newer properties with complex layered funding, the Bostonpost system can manage everything within one user-friendly system.

“We have been very satisfied with our Bostonpost experience thus far, so it made sense to continue to work with MRI long term,” said W. Reid Howe, Vice President, Crossgates Management, Inc. “We are confident that this is the right move for our business.”

Most importantly, Bostonpost include an assortment of updates to ensure that users maintain compliance with HUD’s latest funding requirements, TRACS 202D. Among the many changes present in these new requirements are the inclusion of additional fields on electronic HAP vouchers, which will eliminate the manual process of sending various paper vouchers to Contract Administrators (CA’s). Moreover, there are a variety of new and updated form codes within the certification, such as household member relations, new member Special Status, and new move-out and termination codes.

“With Bostonpost 9.2, our clients were ready for the TRACS 202D changes over a month ahead of schedule,” said Brian Zrimsek, Chief Products Officer. “MRI Software is looking forward to working with Crossgates and further strengthening our business relationship.”

For more information about MRI Bostonpost, visit our website.

About MRI Software
MRI offers property management software solutions to the global real estate management and investment industries. As a leading provider of real estate enterprise software applications and hosted solutions, MRI serves the global multifamily and commercial property industries, helping them improve their bottom line and maximize their returns on their diverse business portfolios. MRI leverages its more than 40 years in business to develop long-term successful relationships with its clients. For more information, visit https://www.mrisoftware.com.

About Crossgates, Inc.
The success and reputation of Crossgates is built on more than 50 years experience as a real estate developer committed to uncompromised integrity, quality, and value. This experience has earned the company a superior standing embraced by our many and varied clients over the years. Crossgates continues to build upon the innovative expertise, which has been the hallmark of the company and its founder from the very beginning.

We offer a coordinated approach to all facets of real estate development by advancing and managing an integrated team of professional disciplines to every project, each with the specific skills that insure quality, economy and success. We will maintain our commitment to excellence as we continue our future growth.

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