Yardi’s Rent Relief solution will help housing agency collect applications, qualify beneficiaries and disburse funds
SANTA BARBARA, Calif., Feb. 17, 2021 – The Housing Authority of the County of Kern, headquartered in Bakersfield, Calif., will implement Yardi’s Rent Relief cloud-based software to support its Emergency Rental Assistance program.
As an administrator of federal stimulus funds directed towards helping households and landlords recover from the economic impacts of COVID-19, Kern expects to disburse millions in funds over the coming months. The emergency rental assistance program is designed to prevent loss of housing by supplementing rent payment for households impacted by the pandemic and by helping landlords keep current with mortgage payments.
Kern County weighed the merits of several software providers before selecting Yardi®.
“Centralizing emergency rental assistance onto an end-to-end, single platform that tracks everything from initial application to executing payments will make us more efficient and enable us to operate with complete transparency. Yardi has a documented history of processing millions of monthly financial transactions as well as creating cloud-based interfaces for end users and housing staff. I expect Rent Relief will leverage that experience for the benefit of our community and staff,” said Stephen Pelz, executive director of the Kern County Housing Authority.
Rent Relief powered by Yardi is a new solution that leverages decades of technology development and client support. Rent Relief offers portals for households to submit applications for assistance including easy upload of supporting documentation. Kern County housing staff will be able to log on to view and process applications, disburse funds to renters and landlords and easily produce the data for state and federal oversight offices.
“Yardi is committed to help agencies keep renters housed as we endure the pandemic. We have nearly four decades of experience developing this type of full-service technology,” said Chris Voss, vice president of affordable housing at Yardi.
Learn more by visiting RentRelief.com or attend an upcoming webinar. State and local housing agencies seeking to expedite and streamline emergency rental assistance programs can contact Yardi at (800) 866-1144 to set up a demonstration.
Yardi develops and supports industry-leading investment and property management software for all types and sizes of real estate companies. Established in 1984, Yardi is based in Santa Barbara, California, and serves clients worldwide. For more information on how Yardi is Energized for Tomorrow, visit yardi.com.