RealPage Releases Public Housing-50058 Functionality for Affordable Housing Property Managers
- Mar 08, 2012
Carrollton, Texas—RealPage Inc., a provider of on-demand software and software-enabled services to the rental housing industry, announced its public housing-50058 functionality for OneSite® Affordable customers, enabling property owners to expand the use of their OneSite Affordable application within their public housing portfolio.
OneSite Affordable client, American Baptist Homes of the West, is using the new 50058 product for its first foray into public housing.
Public Housing Authorities and property management companies managing public housing on behalf of PHAs are required to qualify and certify residents using the HUD-50058 form, while also reporting that information by electronic transmission to HUD’s PIC system. In some cases, these properties are also layered with tax credits financing, making the compliance requirements even more complex. RealPage’s solution takes into consideration all these complexities and places special emphasis on the ease-of-use and flexibility of this new feature.