Property managers who lease to people under Housing and Urban Development’s (HUD) Housing Choice Voucher programs have additional needs above and beyond those typical of most rental properties. In addition to the normal tenant and lease administration features, managers in the affordable housing sector must manage tenant compliance with HUD requirements.
|Funding programs||Including Section 8 and Section 236, there are several affordable housing options. So, it’s a good idea to select a program that has the specific program(s) you need. Some programs offer support for layered funding, allowing the user to manage multiple programs simultaneously.|
|EIV integration||Effectively managing the different funding programs means making it easy for users to establish compliance with the current HUD, TRACS, Rural Development and other regulatory standards. Integration with the Enterprise Income Verification (EIV) System and the PIH Information Management System allows the housing agencies to submit information automatically to HUD, drastically reducing the time spent on managing paperwork and bureaucracy.|
|Audit trail||With government reimbursements on the line, it’s extra critical to maintain a trail of voucher and certification reporting to ensure that no valuable information is lost.|
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