L.A.’s Skid Row Housing Trust Selects Yardi Voyager


Skid Row Housing Trust has selected Yardi Voyager� Affordable Housing software to bolster its mission to provide housing, job training, and other assi
SANTA BARBARA, CALIF., Sept. 30, 2008 – Skid Row Housing Trust has selected Yardi Voyager™ Affordable Housing software to bolster its mission to provide housing, job training, and other assistance to low-income and formerly homeless tenants in downtown Los Angeles.

Skid Row Housing Trust, a 501(c)(3) public charity, is using Voyager Affordable Housing to manage nearly 1,200 units of affordable housing in its 20 hotel properties. Yardi Voyager Affordable Housing is the only browser-based software that provides seamless integration of compliance, accounting, and property management systems. It offers a single, fully integrated relational database and all the tools needed to manage and maintain compliance for HUD project-based properties, Low Income Housing Tax Credit properties, HOME Fund properties, RHS Section 515 properties, and properties that combine all of these subsidies.

Along with Voyager Affordable Housing, the Trust also selected Yardi’s Application Service Provider hosting service.

“Skid Row Housing Trust is committed to providing high quality and well run communities for formerly homeless men and women,” said Andre Thomas, director of Skid Row Housing Trust Property Management Co. “Yardi Voyager will allow us to manage rent collection, building maintenance, and service provision in the most professional manner possible.”

“Yardi Systems has long recognized the contributions and accomplishments of Skid Row Housing Trust in the affordable housing arena. We could not be more pleased that they have chosen Yardi Voyager to assist them in continuing down their path,” added Terri Dowen, Yardi’s senior vice president of Sales.

About Skid Row Housing Trust
Skid Row Housing Trust was created in 1989 in response to the dramatic loss of single room occupancy hotels in downtown Los Angeles. The Trust develops and operates affordable, permanent, service-enriched housing for very low-income and formerly homeless individuals. The Trust ensures that each resident has the opportunity to end their homelessness by providing comprehensive health and social services, onsite or nearby, to address the causes of homelessness. From the opening of the first property in 1990 to the present, the Trust has developed or restored 20 hotel properties comprising nearly 1,200 units of affordable housing. To learn more about Skid Row Housing Trust, visit www.skidrow.org.

About Yardi
Yardi Systems is committed to the design, development, and support of real estate software for investment, asset, and property management, serving organizations of all sizes. For more than 25 years, Yardi’s technology and services have led the industry through responsiveness and innovation, becoming the premier application for real estate software solutions worldwide. Yardi’s software is client-driven and serves more than 15,000 businesses, corporations, and government agencies, representing more than 7 billion square feet of commercial space and 8 million residential units globally.

Headquartered in Santa Barbara, Calif., Yardi Systems has offices throughout the United States, Canada, Europe, Asia, and Australia. More information about Yardi products and services may be found by visiting www.yardi.com.

Trade Media Contact: Joel Nelson 805.699-2040, ext. 1255