RealPage OneSite Budgeting Streamlines Process for HUD Properties

Carrollton, Texas–RealPage, Inc. has introduced OneSite Budgeting for HUD properties, the latest tool for affordable housing, which streamlines yearly budgeting and form submission for HUD housing assets.

The OneSite Budgeting product now includes the mandatory U.S. Department of Housing and Development (HUD) form HUD-92547-A, which is critical to HUD funding, along with worksheets to map charts of accounts to the recommended HUD chart.

“For years, we’ve spent countless hours per property mapping the appropriate accounts to the HUD chart of accounts and then keying in the appropriate figures for each account,” says Claude Bourgeois with The Columbia Property Group, Inc. With this new tool, “We will save a tremendous amount of time managing this process.”

With the inclusion of HUD budget forms and worksheets, property managers now have a single system that produces an accurate budget ready for submission to HUD.