
An Overview of The Yardi Real Estate Management Platform
Yardi is one of the leading real estate management platforms, used by property owners, managers, and investors to manage a wide range of real
Yardi PHA generates pre-filled required programmatic forms for tenants and housing providers and acts as a record for tenant and prospective tenant information, simplifying intake and recertification processes.
The Yardi PHA module is used by Public Housing Authorities to manage Housing Choice Voucher (HCV) units, public housing properties, and Project Based Voucher (PBV) units. In addition to the basic financial management abilities of the Core system, PHA has additional built-in functionality for the processing of 50058s, the maintenance of HUD-compliant waitlists, the submission of reports to HUD, and other PHA management tasks.
Here are some other benefits and features of the Yardi PHA module:
Like the Affordable module, the Yardi PHA module generates pre-filled required programmatic forms for tenants and housing providers and acts as a record for tenant and prospective tenant information, simplifying intake and recertification processes. Here’s a short list of what we can do in the system:
Because the demand for public housing typically outpaces the availability of units, you’ll want to ensure your waitlist procedures are simple and scalable. Managing a list of typically thousands of applicants on multiple waiting lists can be tricky. Here’s how we can help:
Layering Subsidies
It’s common for Project-Based properties to receive additional government subsidy – commonly, this is done using equity from LIHTCs (via HUD’s Rental Assistance Demonstration program) or with a local jurisdiction’s HOME funds. Layered units are complex and can present many challenges for those inexperienced with both Yardi Affordable and Yardi PHA modules.
Yardi PHA includes several important PHA-specific GL accounts, most notably those used for processing housing assistance payments. There are additional charge codes associated with portable vouchers, the Family Self Sufficiency program and excess utility payments as well. How we can help:
There are a few additional back-end configuration items that are unique to Yardi PHA that need to be completed and should be audited/modified periodically
We can automate certain functions to ensure that you are following applicable state and federal programmatic requirements:
Yardi is one of the leading real estate management platforms, used by property owners, managers, and investors to manage a wide range of real
As a property manager or real estate investor who uses Yardi, you are always looking for ways to improve your bottom line. One way
Managing a real estate business can be a daunting task, especially if you have a large portfolio of properties, and choosing real estate management
ND Consulting is a nimble and highly responsive boutique Yardi Voyager consulting firm. We are well known as the Yardi Experts based on our expertise in solving Yardi problems. Our mission is clear—we help our clients to maximize the return on their Yardi investment. ND Consulting is a proud member of the Yardi Independent Consulting Network.