Atlanta Housing Authority Selects Yardi Voyager as its New Property Management and Accounting Platform

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SANTA BARBARA, CALIF., July 5, 2011 – Yardi announced today that the Atlanta Housing Authority (AHA) has selected Yardi Voyagerâ„¢ as its new platform for managing property, assets, and financial performance.

In 2010, AHA elected to replace several outdated applications with a software suite specifically designed for affordable housing management and U.S. Department of Housing and Urban Development (HUD) reporting. AHA concluded that one system obtained from a single vendor would best serve its goal of becoming a best-in-class diversified real estate company with a public mission and purpose.

“Our previous departmental silo approach made it very difficult to obtain real-time visibility of our entire portfolio of affordable housing units in mixed-income communities. We needed a much higher degree of integration of our critical business processes, along with better business intelligence tools to analyze our assets and performance,” said Suzi Reddekopp, chief financial officer for AHA. “Yardi’s package of products and services was unique among the vendors we evaluated. The Voyager suite of multifamily products will be crucial in achieving AHA’s strategic goal of implementing an enterprise-wide, integrated solution. It will further professionalize our real estate business and enable AHA to better serve our assisted families.”

“Yardi’s experience in creating solutions for multifamily markets includes more than a decade of serving public housing authorities. We welcome the opportunity to provide AHA with a platform from which to manage its essential day-to-day functions efficiently while meeting HUD compliance standards,” said Terri Dowen, senior vice president of sales for Yardi.

About the Atlanta Housing Authority (AHA)

AHA is the largest housing agency in Georgia and one of the largest in the nation, serving approximately 20,000 households composed of more than 50,000 people living in healthy mixed-use, mixed-income communities. AHA is committed to delivering quality affordable housing and spurring community development. For more information, visit http://www.atlantahousing.org.

About Yardi

Yardi Systems has been committed to the design, development and support of real estate investment management and property management software for nearly 30 years. With its Yardi Multifamily Suiteâ„¢, Yardi Commercial Suiteâ„¢ and Yardi Investment Suiteâ„¢, the Yardi Voyagerâ„¢ system is the most comprehensive single real estate management platform on the market today. Yardi serves clients around the world from offices in Asia, Australia, Europe and North America. More information about Yardi products and services is available at www.yardi.com.

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

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