Yardi Beacon for Affordable Housing Portfolios

Yardi Beacon is a fully integrated property management software solution for owners and managers of affordable housing portfolios. Designed for quick and easy setup, this economical and easy-to-use software solution can have you up and running in just a few days.

Beacon provides informational dashboards and efficient workflows with seamless integration of property management, accounting and compliance. A detailed list of standard reports and forms is included along with a custom letter writer.

Beacon is a Software-as-a-Service (SaaS) and provides secure access to your information 24/7, from any place with an Internet connection. Stay focused on your residents and properties while we take care of your back office IT, including automatic software updates. Online help manuals will guide you, or call us for telephone support and training. We are the single-source vendor you can trust, with years of rental housing software and services experience.

Managing your Properties Has Never Been Easier!

Executive Information Center Displays overview information on active properties with reminders and alerts for vacant units, past due accounts, and tasks to be completed. Notifications provide instant access to guest information, applications, resident accounts, and service requests. Alerts highlight monthly billing or rents, list reminders, and view electronic funds transfers. Role-based Access for Users Standard access roles are provided for the individuals or departments within your organization. Restricting or allowing access to each Beacon function or report can be quickly customized by user.

Key Features

  • General ledger, accounts receivable, accounts payable, budgeting, and check writing
  • Applicant, wait list, and resident management for Affordable Housing and Market Rate units
  • Compliance for Low Income Housing Tax Credit, HOME and HUD 50059 subsidies
  • Print, export and email reports, letters and forms as Word, Excel or PDF documents
  • Maintenance service requests, work order templates and recurring work orders
  • Custom letter writer
  • Optional resident screening

Step-by-Step Workflows Lead You Through Compliance

Low Income Housing Tax Credit (LIHTC) & HOME Compliance

  • Section 42 compliance with all HERA (Housing Economic Reform Act) guidelines
  • State-specific Tenant Income Certifications (TIC) and annual LIHTC project reports
  • Multiple set asides for layered financing
  • Tax Credit / Public Housing combination subsidy properties
  • Simple interface with state-mandated electronic TIC submission
  • Automatic calculations for maximum tax credit rent
  • Applicable fraction tracking with recalculations prior to each move-in
  • Customizable waitlist with preferences
  • Separate lease charges and tracking for rent and Housing Choice Voucher (HCV) payments

HUD 50059

  • TRACS compliance for Project-based Section 8, RAP, Rent Supplement, PAC, PRAC, Section 236,
  • BMIR properties
  • Easy iMAX transmission process compliant with TRACS 202C
  • HUD compliant waitlist
  • HUD-50059 Form
  • HUD-52670 HAP Voucher request and HUD Special Claims worksheets
  • HUD-93104 Excess Income Report for 236 properties
  • Automated Gross Rent Change process
  • Automated Utility Reimbursement payment process
  • Full featured letter writer program with standard and customizable recertification letters and HUD model leases

Optional Features

  • Fully integrated resident screening for credit and background checking, including standard reports
  • General ledger interface for exporting transaction files to QuickBooks

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