Top 50

04 / 27 / 17

2 min read

Affordable Housing Finance recently released the Top 50 Affordable Housing Developers of 2016. The list showcases developers with the most reported affordable units started and completed within the year.

Great Companies, Great Timing

Yardi clients received 23 out of the 50 available spots on the list:

The NRP Group

Miller Valentine Group

LDG Development

Dominium

Herman & Kittle

RPM Development Group

St. Anton Communities

Conifer Realty

Bridge Housing Corporation

Volunteers of America

Arker Companies

Community Investment Strategies

USA Properties Fund

Atlantic Pacific Communities

BFC Partners

Picerne Real Estate Group

AHC

Pennrose

Woda Group

McCormack Baron Salazar

Mercy Housing

WinnCompanies

The new construction barely puts a dent in the ongoing affordable housing shortage, which now exceeds 4.7 million units. Yet the timing could not have been better. Recent cuts to the United States Department of Housing and Urban Development, as well as tax reforms, are projected to trigger a decrease in future affordable housing construction.

Tighter budgets require developers to work with greater efficiency and accuracy. That is why nearly half of Top 50 Affordable Housing Developers turn to Yardi.

Robust Software

Yardi ® Construction Management improves projects’ cost control and budget oversight, from their nascent stages to close-out. Users can develop financing plans and monitor agreements from contractors and subcontractors. As the project progresses, users can compare actual costs to the job budget. Both job costs and the general ledger are updated in real time, providing users with the most accurate and dependable information.

The comprehensive reporting within Construction Management provides detail and transparency to users, protected with controlled permissions. Users receive an overview of budgets, revisions, change orders and commitments, each with drill-down options for greater detail.

Construction Management seamlessly integrates with Yardi Affordable Housing Suite ™, allowing users to continue project management through the resident screening, leasing, marketing, and maintenance processes. Users benefit from each module’s features that improve efficiencies, streamline workflows, and help keep costs low.

AUTHOR

Erica Rascón specializes in online content creation and social media. She joined Yardi in 2011 after receiving her bachelor's degree from Kennesaw State University and serving in the Peace Corps. Erica's interests include sustainability, philanthropy, and the arts.

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