Yardi Beacon Released as New Affordable and Public Housing Solution


Fully integrated, browser-based software provides seamless solution for smaller public housing agencies and affordable housing managers

SANTA BARBARA, CALIF., Feb. 21, 2012—Yardi announced its general release of its new Yardi Beacon™ software solution for smaller affordable housing property managers and public housing authorities. As a browser-based software solution, Yardi Beacon provides seamless integration of property management, accounting and compliance features.

Yardi Beacon provides a complete online property management system with an integrated general ledger including accounts payable, accounts receivable and journal entries. Resident management features include leasing, work orders, wait lists, letter management and a comprehensive list of standard reports. Optional resident screening capabilities will help affordable housing managers consistently select and retain low-risk residents.

Standard compliance features of Yardi Beacon include Section 42, Low Income Housing Tax Credit (LIHTC,) HOME, and Department of Housing and Urban Development 50058 for Public Housing and Housing Choice Vouchers (HCV.) Compliance for HUD 50059 subsidies will be available in the first half of 2012.

Yardi Beacon complements Yardi’s existing family of Affordable Housing and Public Housing software products, including Yardi Voyager™ Affordable Housing, Yardi CLASSIC™, Yardi Voyager™ PHA and Yardi VisualHOMES.

“With Yardi Beacon, agencies and affordable managers can focus more on resident management and less on IT expertise. An organization does not need to install software on its computers or network. Users access the product and their data securely using an internet connection,” said Mark Livanec, vice president of Affordable Housing & PHA Sales for Yardi.

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 Suite™, Yardi Commercial Suite™ and Yardi Investment Suite™, the Yardi Voyager™ 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