Yardi has launched an automatic service that will help many affordable housing providers to verify the income and assets of applicants and residents.
Yardi Verification Services, the latest addition to the Yardi Affordable Housing Suite and Yardi PHA Suite, leverages a comprehensive network of payroll and financial services providers to generate income and asset verifications necessary to qualify households for affordable housing. The service returns verifications tailored to meet program requirements to site staff in a day, a timeline that can take as long as a month when done manually.
Chris Voss, vice president of affordable housing for Yardi, said Yardi Verification Services will help clients reimagine affordable housing by making it easier for households to find, apply for and move into homes.
“We’ve designed Yardi Verification Services to help affordable housing providers save staff hours spent creating, submitting, tracking and following up on verifications while qualifying households. It can also help them reduce training costs and minimize compliance errors,” Voss said.
